IBEX35 looking attractive for a big bounce after breaking downwards resistance that was holding back price since July 2015.
The first target would be 9200 and second target 10000. Aggressive stop loss 8400, loose stop loss 8200.
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IBEX35 trade update. 500 points up, +5.75%. Since 2 weeks ago IBEX35 has been steadily rising as bearish momentum seems to be shifting to a short squeeze.