Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.


* If the dots don't connect, gather more dots until they do...or, just follow the $$$...





* Wed. Feb. 21 @ 2:00 pm ET - FOMC Meeting Minutes
* Wed. March 6 @ 2:00 pm ET - Beige Book Report
* Fri. March 8 @ 8:30 am ET - Employment Data
* Wed. March 20 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference

*** CLICK HERE for link to Economic Calendars for all upcoming events.

Sunday, September 25, 2022

ITALY: Time For A Political Change...But Will That Prop Up Their Major Indices?

Since the financial crisis of 2008/09, Italy's Major Indices have had difficulty gaining sustained traction to accumulate and build on meaningful gains above their respective long-term major support levels (16,000 for the FTSE Italia All Share Index and 1,600 for the Investing.com Italy 40 Index). They've been, essentially, trading in a large and whippy sideways consolidation zone, since then.

So, perhaps a change of political landscape will ameliorate that, in due course.

We'll see how the final votes tally up in today's election -- potentially in favour of Italy's first female Prime Minister -- to swing the left-leaning government to a right-leaning one.

Until party leadership and party direction/agenda become known and more detailed, we may see some volatile trading in these markets (as well as the Euro, as noted in my post of September 24) for awhile.