Short term opinion: Consolidation
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Supports: 8.630,00 / 8.510,00 / 8.286,00
Resistances: 9.011,00 / 9.155,00 / 9.270,00
IBEX ST: consolidation.
Short positions below 9011 with targets at 8630&8510 in extension.
Our preference:short positions below 9011 with targets at 8630&8510 in extension.
Alternative scenario:above 9011 look for further upside with 9155&9270 as targets.
Comment:investors have to remain cautious since these levels may trigger profit taking. The index price is challenging its 50DMA.
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-14-2019 at 09:52 UTC+1
Price reference: 8824 last known on 01-14-2019 at 09:52 UTC+1
Investment horizon: ST
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Legend: * = Intermediate level ** = Strong level *** = Very strong level
|Date/Time||Name||Last||Short term opinion||Short term Evol.||Mid term opinion||Mid term Evol.|
|25/02/2019||IBEX||9.252,00||Limited rise||Limited decline|
|28/01/2019||IBEX||9.140,00||Limited rise||Limited decline|
|21/01/2019||IBEX||9.030,00||Limited rise||Limited decline|