FTSE MIB hugging its record high: bullish signal at week 10, up 13% since entry

The FTSE MIB is trading less than a percentage point from its record high, with the bullish signal in its 10th week and a 13% gain since entry. The weekly structure is full — four aligned moving averages, price above the Ichimoku cloud — but Signal Strength is low and fading, and the first of the three statistical profit-taking areas has already been cleared. A mature picture, not a reversal, to be managed with discipline.