Short term opinion: Limited rise
Short term Evol.:
Mid term opinion: Limited decline
Mid term Evol.:
Supports: 9.096,00 / 8.912,00 / 8.826,00
Resistances: 9.449,00 / 9.670,00 / 9.980,00
IBEX ST: bullish bias above 9096.
Long positions above 9096 with targets at 9449&9670 in extension.
Our preference:long positions above 9096 with targets at 9449&9670 in extension.
Alternative scenario:below 9096 look for further downside with 8912&8826 as targets.
Comment:the RSI is bullish and calls for further advance. The index price is pushing above the upper end of its consolidation range calling for a further rise
Supports and resistances:
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-25-2019 at 10:02 UTC+1
Price reference: 9252 last known on 02-25-2019 at 10:02 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|