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The resistance of the 7,140 points on the Ibex is imminent

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VIDEO: Economy / Stock Market.- The Ibex 35 signs its fourth biggest drop in history after plunging almost 8%Marta Fernández Jara – Europa Press

We believe that the Spanish selective could rise an additional 7% in the coming sessions

Technical analysis
OVERSALE VALUES
OVERSALE VALUES
S1
6,500
S2
6,150
R1
7,140
R2
7,436

Short term

Medium term

Long term

He Ibex The equator of the week ends with falls of 0.72%. The selective covers the bullish gap that was left last Tuesday and it seems very likely that we could end up seeing an attack on the resistance of 7,140 points. A close above this price level would make us think of an extension of earnings to the highs of the bearish gap that was left last March 12 at 7,436 points.

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