UnknownUnicorn6000933

Short Italian FTSEMIB

Short
INDEX:FTSEMIB   FTSE MIB INDEX
The next support is at 16% drop.
Two facts making me belive that a short position is the right thing to do.
Italy is in huge difficult to contain the coronavirus. They will lock entire cities and regions in the next week. The economy isn't string at all.
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.