FTSE MIB hugging its record: full structure, spent Strength and a fully travelled roadmap

The FTSE MIB has been in a weekly BUY for 9 weeks and trades hugging its all-time high, less than half a percentage point from the record. The technical structure is full — four aligned averages, price above the Ichimoku cloud — but Signal Strength has fallen to 0 out of 100 and all three statistical profit-taking areas have already been cleared by price. A mature picture that calls for management, not reinforcement.