themarketzone

Testing support as the Catalan saga continues

TVC:IBEX35   IBEX 35 Index
10,000 is a support zone:
- Broken trend line (resistance should turn to support)
- 50 MA line
- Psychological level

10,500 is resistance

Bullish scenario - IBEX will climb to 11,000 if it will hold above 10,000 and break above 10,500
Bearish - In case that 10,000 will break, IBEX will slide back into its downtrend zone and continue towards 9000

Read more about IBEX, EURUSD , DXY , SPX , GBPUSD and Bitcoin in this week's newsetter (#WeeklyMarketsAnalysis)

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