step_ahead_ofthemarket

IBEX35-Looking for a bearish reversal in the near term

Short
FOREXCOM:ESP35   IBEX 35 Index
The upcoming macroeconomic data from Spain will tell the whole story.
The government change will most likely hinder growth. Overall, the market is positioned for a possible bearish reversal.

Very obvious, in a sense that Spain and the other weak economies of 2007-2009 can't avoid a new crisis forever. It's coming soon.

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