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#FTSEMIB Index (ITALY) index formed a inverted Triangle pattern which is bearish for medium term. Current pullback may halt and reverse from / near 50% retracement zone. Image
#FTSEMIB struggling to cross 38.2% retracement also. Timewise after 16 day's of decline and pullback of 4-8 days; if it fails to cross 50% retracement mark then can trigger fresh round of sell off. #ITALY Image
Updated chart: #FTSEMIB #ITALY Image
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