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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)
- 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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