Short term view - IBEX 35 : The support has been reached, it causes the bounce.
The trend is still bearish, though slower. The invalidation level is above9,937.20 pts.The target is at 9,269.50 pts.Arguments :
- The support has been reached, it causes the bounce.
- The MACD displays a bullish divergence.
- The moving average is capping prices.
- The bearish gap has been tested, the fall resumes.
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