Thursday, March 10, 2011

Gum Bone Spur Symptoms

MIB gives the base of the uptrend. Probable target area 21500/650.

The FTSE MIB can not remain above the area of \u200b\u200bthe ground breaking 22,300 points and yields fall below the base of the short-term bullish channel that supported the movement of the market year to date. The situation tends to worsen in the short term, with possibility of extension downward to the area 21650. Just below this level at 21,500 points, passes the bullish side of the support dynamic relative minimum in November. The Parabolic SAR continues to signal the start a bear market, which could become dangerous in the likely acceleration of up to 21,500 with 20,900, a level from which passes the 200-day moving average. At this point only the return above 22,300 could rekindle some hope for the possible continuation of the trend, which would be confirmed over 22,700 points, but the latter case, more and more away.

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