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Christopher Lewis
ibex

The Ibex did very little during the course of the session on Monday, as we continue to hover just above the €10,400 level. However, it does look as if we could get a little bit of a pullback from here, so we are simply going to wait until we get some type of supportive candle below in order to start buying. There is also the possibility of buying above the top of the shooting star from Friday, which means we need to get above the €10,600 level in order to start going long.

 

Ibex Forecast October 27, 2015, Technical Analysis

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