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Weekly drop of 4.83% for the FTSE Mib future

Weekly drop of 4.83% for the FTSE Mib future

Weekly drop of 4.83% for the FTSE Mib index futures in the week ended Oct. 10, the second worst performance for a single octave in 2014 after the 8th of August (-5.79%).

Weekly drop of 4.83% for the FTSE Mib index futures in the week ended Oct. 10, the second worst performance for a single octave in 2014 after the 8th of August (-5.79%). Prices have breached the day on Thursday 'the trend line drawn from the low of June 2013 and passing through to August 2014, now at approximately 19450 points, and dropped in a test area 19000 moving average with 400 seats, the approximation long-term trend, practically coincides with the minimum in August to share 18850. the decline that has 'drawn from the peak of 19 September and' was so large and strong but for the time has not erased all hope of being able to consider a phenomenon temporary. Would descend below 18900 points to make fear more lunges directed initially to 18165, the base of the bullish gap of 19 December last year, but that could then go up in area 17420, 50% retrenchment of the rise from the lows of July 2012. sealing area of 18900 and recoveries over 19500 points, although unable to tip the balance back in favor of the trend of the rise, at least would signal an easing of tensions and allow investors more 'prudent action to organize a relief portfolios without quickly due to a situation of indiscriminate collapse. To do hope for a lasting rebound would still only moves above 20250 points, 50% retrenchment of the decline from the top of September

Weekly drop of 4.83% for the FTSE Mib future

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