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.
