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Sumit Verma Profile picture
Sumit Verma
@sumitverma29
Trader. Analyst. Studying markets since 2008. Intermarket and Sentiment analysis. Trend follower. Exploring quants. Problem solver. Food lover. Movie buddy.

Jun 1, 2018, 5 tweets

#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.

#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

Updated chart: #FTSEMIB #ITALY

#ITALY upate

#Italy at new 52 week low today

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