Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. On November 24, the index rallied to level 22500. The market has been consolidating below the resistance since November 24. The uptrend will resume if the bulls break the current resistance. Daily Chart […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 is in an uptrend. The index has broken the range-bound levels. It has reached a new high of level 22400 before pulling back. The index has resumed upward to retest level 22400. The bullish momentum will continue if price breaks the recent […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index has risen since October 29. A retraced candle body tested the 88.6 Fibonacci retracement level. This implies that the index will rise to level 1.1129 Fibonacci extension level. The price will […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index has risen since October 29. The price has broken above the SMAs and the resistance at level 19900. This guarantees the resumption of an upward move. The price also broke the […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BullishItaly 40 is in an uptrend. The index plunged to level 17710 and resumed the uptrend. The uptrend was a strong bounce above that made the price rally above level 20810. The recent rally has breached many resistance levels […]
Nøglemodstandszoner: 24000, 25000, 26000Nøglestøttezoner: 22000, 21000, 20000 Italien 40 (ITA40) Langsigtet trend: BullishItaly 40 er i en optrend. Indekset faldt til niveau 17820 og genoptog den opadgående tendens. Den opadgående trend den 12. oktober testede en tilbagetrukket stearinlys krop 38.2 Fibonacci retracement niveauet. Dette indebærer, at markedet vil stige og nå […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: BearishItaly 40 is in a downward move. The index is falling and approaching the lower price range. A break below level 18200 will ensure further downward movement of the index. The price has fallen to level 18615 at the […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is in a sideways move between levels 19000 and 21000. ITA40 has been fluctuating since June. The price is now consolidating in the middle of the price range. The range-bound levels are yet to be broken. Daily […]
Key Resistance Zones: 24000, 25000, 26000Key Support Zones: 22000, 21000, 20000 Italy 40 (ITA40) Long-term Trend: RangingItaly 40 is still in a sideways trend. Presently, the index is in the middle of the price range. The lower price range is intact as price resumes. In the meantime, it is consolidating between levels 18200 and 21000. […]
