The Ibex initially tried to rally during the course of the session on Thursday, but turned back around at the €10,500 level to turn things to the downside. Ultimately, we ended up forming a shooting star, which is what we did during Wednesday as well, so it does look like the Ibex is going to probably fall from here. Nonetheless, we see quite a bit of support below, extending all the way down to at least the €10,000 level which we considered to be the “floor.” With this, we are essentially a “buy only” mindset here.
