The Ibex as you can see went back and forth during the day on Tuesday, essentially settling nothing. We believe that the €10,800 level has been supportive
The Ibex as you can see went back and forth during the day on Tuesday, essentially settling nothing. We believe that the €10,800 level has been supportive over the last several sessions, and that it should continue to be. Ultimately, we feel that the market will continue to go higher and fill the gap, reaching towards the €11,150 level. Ultimately, we believe that the market breaks out above there as well, and as a result we are bullish and believe that the Ibex will follow the rest of Europe much higher. Selling isn’t even a thought.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
