MIB shows signs of a downtrend (again). Around 17300 we expect a rezistance with higher volatility due to BREXIT.
MIB[/symbol
MIB is mainly driven by low-quality titles from the bank sector.
We expect reaction to the downside with quite interesting RRR of almost 3.
More you can find and learn free on UncleTrader.com.
Note
Results of BREXIT shall help our direction.Trade closed: target reached
Profit Target has just been reached. Great! 15 000 could stays as a support for a moment - let's see how institutionals will be de-risking their positions tomorrow.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.