In Summary
The FTSE MIB has been in a buy state for 7 weeks and trades right at its all-time high. The weekly structure is solid, with the four moving averages aligned and price above the Ichimoku cloud, but Signal Strength is now fading and the three statistical profit-taking areas have all been cleared by price. The quality band flags entry as not advisable: a mature picture, to be managed, not reinforced.
Open BUY
·7th week from start
·EU-UK Broad indices
·T1
IQS Phase
69
in tension
Signal Strength
0
low · fading
ATH distance
0.28%
0.28%
KPI 4
0/3
restricted Platinum content