How low can the Ibex go after reversing to 9,310 points?
Decreases of 1.36% on the Ibex which closed Friday below the first level of support at 9,124.9 points.
Also keep in mind that it left a bearish gap on Friday and after the tremendous 13% gains since the start of the year, it was offering strong buy levels. This, coupled with the proximity of the 9,310 point resistance, confirmed the onset of a halt along the way.
The next level of support is at 8,900 points.s. If he can’t maintain himself at this level we may end up seeing an extension of the falls towards the key support at 8,726 points..
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