Weekly monitoring of the Italian benchmark index.

Why do we do it?

Check our strategy page.

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My proprietary DBBT indicator identifies misalignments between the current price and the expected technical level on the main indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is on.

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A positive week for the FTSE MIB, with a close at 50,036.75, 525.78 points (+1.06%) above the previous close.

The rise is a matter of fact. It occurred, however, within a compressed range: the weekly excursion of 927 points stands among the narrowest of 2026.

Dividends still weigh on the cash. The future, free from this effect, closes at 49,995, less than 100 points above the previous week’s close.

The break above 50,000 on the cash also needs to be put in context. The high recorded two weeks ago was already at 50,050. The formal breakout arrives on levels already touched recently, without a clean break.

The overall picture is one of a market maturing slowly. The bearish scenario still holds room, but week after week brings a small step forward on the opposite front.

The scenario outlined last week did not materialize. The system remains short.

Let’s look in detail at what the indicators are telling us.

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Weekly monitoring of the Italian benchmark index.

Why do we do it?

Check our strategy page.

---

My proprietary DBBT indicator identifies misalignments between the current price and the expected technical level on the main indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is on.

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A week of recovery for the FTSE MIB, despite an opening weighed down by the ex-dividend payments of several index constituents.

Monday’s initial gap down purely reflected the technical adjustment tied to the dividend payments. Tuesday brought the only truly negative session, closing at 48,354.89, more than 760 points below the previous week‘s close.

Wednesday flipped the sign. A markedly bull session recovered the losses of the first two sessions in one move. Thursday and Friday followed with openings close to the previous day’s close and contained variations.

The weekly close at 49,510.97 is 394.50 points (+0.80%) above the previous close.

The negative swing the system was waiting for did not materialize. The week that was supposed to deliver the first confirmation of BCP3’s decline closed in positive territory, exactly the condition the previous conclusion flagged as critical for the short scenario to hold.

Let’s look in detail at what the system’s indicators are telling us, to understand whether this close actually compromises the scenario or whether room still remains for it to materialize.

Read More →

Weekly monitoring of the Italian benchmark index.

Why do we do it?

Check our strategy page.

---

My proprietary DBBT indicator identifies misalignments between the current price and the expected technical level on the main indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is on.

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A week that overturns the balance compared to the previous analysis.

The picture outlined last week, in fact, pointed to a waiting phase with a bearish bias. Falling volatility, compressed range, BCP3 rolling over.

However, the market responded with a decisive bullish acceleration. The index marked a new high for the year, brushing the psychological 50,000-point threshold.

The FTSE MIB closes the week at 49,289.54.

The intra-week dynamic, however, left marks that deserve attention. Indeed, not everything that shines in the broader picture has found confirmation in the system’s indicators.

Read More →

Weekly monitoring of the Italian benchmark index.

Why do we do this?

Check out our strategy page.

---

My proprietary DBBT indicator identifies misalignments between current price and expected technical level on major indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is on.

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A shortened week, due to the May 1st public holiday.

In the background, two central banks confirmed their wait-and-see stance: the Fed held rates unchanged for the third consecutive meeting in the 3.50%-3.75% range, while the ECB confirmed its references at 2.00% on the deposit rate, 2.15% on the main refinancing operations and 2.40% on the marginal lending facility.

Not a surprise, but with a subtext the markets did not miss: Lagarde openly stated that the board had discussed the rate hike option with intensity, deferring any decision to June pending clearer data on the energy and inflation front.

The macro backdrop framed a week that on the technical side had its own precise logic: unwinding of daily excesses, with Thursday’s session representing the moment of greatest tension.

After a sharp gap down open, the market reversed decisively, climbing back above the 48,000 level.

The FTSE MIB closes the week at 48,245.54.

Read More →

Weekly monitoring of the Italian benchmark index.

Why do we do this?

Check out our strategy page.

---

My proprietary DBBT indicator identifies misalignments between current price and expected technical level on major indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is on.

---

In our latest analysis, we left off with a convergence of indicators pointing toward a potentially toppish setup.

Overextension at 3.10% on the MA5W, Fear Indicator at 5%, BCP3 in exhaustion territory: everything was suggesting the same scenario.

The FTSE MIB closes the week at 47,656.11.

One data point captures this week above all else.

Over the past six weeks, even the weakest ones, the index had always touched at least one price above the prior week’s close at some point during the week.

This week the FTSE MIB never did: the weekly high stopped at 48,439.61, over 400 points below the prior weekly close of 48,869.43.

As always, let’s dig into what the indicators are telling us.

Read More →

Weekly monitoring of the Italian benchmark index.

Why do we do this?

Check out our strategy page.

---

My proprietary DBBT indicator identifies misalignments between current price and expected technical level on major indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is on.

---

The rally is not slowing down.

The FTSE MIB closes the week at 48,869.43, a new multi-year closing high, with a high of 48,957.89 also a record. Roughly 1,260 points above last week’s close.

In our latest analysis we flagged potentially toppish conditions and the system had gone flat.

The market responded with yet another strong rally week, the third consecutive one with higher highs and higher lows.

As always, let’s dig into what happened and what the numbers are telling us.

Read More →

Weekly monitoring of the Italian benchmark index.

Why do we do this?

Check out our strategy page.

---

My proprietary DBBT indicator identifies misalignments between current price and expected technical level on major indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is on.

---

Another short week, another bull run.

The FTSE MIB posts a new closing high for 2026 at 47,609.36.
The market seems to be back to shrugging off the real or perceived dangers of the war in Iran, every day everything and its opposite is said and we are back to good news is good news and bad news is good news.
The weekly high at 47,770.38 surpasses the previous top at 47,650.97 but the market fails to close above it.
Let’s try to understand if this is just a coincidence or if at these levels prices are starting to look a bit stretched.

Read More →

Weekly monitoring of the Italian benchmark index.

Why do we do this?

Check our strategy page.

---

My proprietary DBBT indicator identifies misalignments between the current price and the expected technical level on major indices.

Every week, the FTSE MIB is in our crosshairs.

The hunt is open.

---

Last week we left the FTSE MIB in a neutral stance, with shorts closed and a loss of bearish momentum still to be confirmed.

The confirmation came. In spectacular fashion.

A short week due to the Easter holidays, just 4 sessions with Friday closed. The new week reopens on Tuesday after the Easter Monday closure.

In just 4 days the market produced a bullish candle with a massive body that historically has almost always completely changed the short-term technical structure.

Read More →