Mature buy at the record, signal now spent
FTSE MIB ETF at its record high: a mature rally with Signal Strength at zero
Mature buy at the record, signal now spent
Our view last week
The FTSE MIB is hugging its all-time high, in week 12 of the weekly bullish signal and up 13.5% since the trade opened. The technical structure is full across every timeframe, but the picture is mature: the Signal Strength has dropped to zero and is fading, and the first two of the three statistical profit-taking areas are now behind us. This is an advanced trade to manage with discipline, not a fresh entry to chase.
This week's summary
The FTSE MIB ETF is in the 13th week of a buy signal, up 13.23% and a whisker from its all-time high, a level that has already turned price back 5 times. The weekly trend has conviction — ADX is rising — yet our trading signals point to a spent cycle: Signal Strength sits at 0 out of 100 and fading, the primary scenario leans to the exit, and the quality band advises against fresh entries. If you're already in, defend the profit with the stop; if you're watching from outside, today the risk is elevated.
IQS Phase
63
ordinary
Signal Strength
0
low · fading
ATH distance
1.04%
1.04%
KPI 4
0/3
Trade P&L %
+13.23%
from signal to today
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