MIB Forecast November 13, 2015, Technical Analysis
The MIB fell hard during the course of the day on Thursday, as we broke below the 22,000 level. However, there is a significant amount of support just below, so we are not willing to sell this market. We are simply waiting to see if we get a supportive candle,
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The MIB fell hard during the course of the day on Thursday, as we broke below the 22,000 level. However, there is a significant amount of support just below, so we are not willing to sell this market. We are simply waiting to see if we get a supportive candle, and we will use that as an opportunity at take advantage of value in a market that still looks ready to try to fight its way higher. The following Euro over the longer term should continue to make investment in this market attractive.
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