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The Ibex is dangerously close to the support of 6,900 points

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The Spanish selective still does not offer the slightest sign of strength

Strong declines of 2.21% in the IBEX 35 which is close to the support of 6,900 points. Be very careful about abandoning this price level as we could end up seeing an extension of the falls to the key level of 6,788 points. If it fails to hold on to these prices, it is likely that we could end up seeing an extension of the falls to 6,400 points. We would only see a sign of strength with exceeding 7,321 points.

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