Forecasts Italian stock exchange today trend MIB Index 2024-2025

Signals Borsa Italiana today

Signals Borsa Italiana today

Stock Exchange forecasts today

Forecasts Italian stock exchange technical analysis and short-term and long-term trading signals through the cycles of WD Gann.

Graph MIB 2 years with technical framework

Forecasts Italian stock exchange weekly

Since the expiration of the Minimum Square on May 24, 2024, the dynamics of the MIB index have changed to a negative lateral:

from a maximum to 35.118, the Italian stock exchange reached in the week of 09 August last, the support 1X4 angular, visible in purple in photos, at 30,652 points.

Both the 1X4 angle, irradiated in purple color, and the 1X8 angle, visible in blue color in the photo above have been an important support to the negative lateral trend.

Indeed, from the following week of 16 August we have seen an important recovery in the Italian Index, which has reached these days the further dynamic resistance 1X8 ascending, plotted in blue, in area 35.350.

Next targets in area 35,960 points on the 1X1 angle radiated red.

The next time signal will expire in the week of November 08, 2024.

If the market breaks down the weekly minimum relative to 01 November, the positive dynamics will begin to weaken: supports in area 34,000.

Stock Exchange Milan Index medium-term

The strong driving action of the MIB Index generated in November 2023 ended with the expiration of the Minimum Square, in May 2024.

With the bearish break of this set up, the Italian market has lost its positive directionality to generate a new lateral dynamic.

October 2024 coincided with a new Minimum Square.

During this month the Milan Stock Exchange maintained its positive returns, reaching the static resistance of an eighth at 35,315.

If in November the level of 33.090 will be violated, the trend of the Milan Stock Exchange will return negative, with first supports in area 31.150.

While with the continuation above 35,400 the FTSE Mib will continue the upward trend with successive objectives in area 37,830.

Index MIB long-term technical analysis

In the fourth quarter of 2024, the FTSE Mib broke up the previous quarterly top, which coincided with a major Set Up quarterly.

As you can see in the photo above, there are two important angular resistances, plotted in blue, that determine the end-of-year objectives:

35,660 and 37,720 points.

However, in the case of a return of the MIB below 30,600 it will trigger a new corrective movement of long term: first supports in area 32,220 points.

The analysis of the Ftse Mib Index was carried out using WD Gann’s technique and with the aid of the Top Trader(c) exchange software.