LONG TERM UPDATE
As told in the past, FTSEMIB had strong long term resistance at 16700 – 27000. Now this resistance has been broken (last price is 27500).
Therefore now we are stick to long term targets:
- 31200
- 35700 – 37000
DEMARK neutral to bullish on long term charts
Also in short term market seems poised to get higher.
DEMARK neutral to slightly bullish.
First resistance: 28700