thesniper

Rebound IPC

Long
BMV:ME   IPC Mexico Index
This might be set for a rebound but trend has been down for a little more than a year, so I would not expect much. If this gets back above the blue doted trend line , it would be back into the longer term up trend.
Then it would be back in the middle term triangle and again wait for a break out either way. This only if above blue dotted line.
Order cancelled: It is still dropping with not a sign of stopping. Last 2 weeks gave some signal of slowing down, but this week the drop still strong. Might have to wait for a slow down to then possibly look for a little rebound.

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