Milano Italia Borsa Index
Short
Zaktualizowano

Possible trend inversion

We can see a trend that is probably going to invert its raise by studying the EMAs and MACD 3/10. The croosing of the 2 EMAs (20 and 50 periods) is a signal of a changing situation, this is strengtened by the extended MACD divergence that doesn't confirm the new relative maximums.
If this trend inverts possible price goals could be found with the Fibonacci retracement.
Uwaga
MACD didn't confirm new minimums and the price went up after a short period of fall

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