José Antonio González, market analyst for investment strategies, emphasizes that IBEX 35, technically speaking, in the very short term, “we have no minimally interesting variations.
The weekly MACD remains with ascending cuts, although it attaches upcoming descending cuts, these have not been activated, and, on the other hand,, It still quotes in weekly terms above the weekly minimums, above 13,850 points.
And remember that, as we are commenting, until we see weekly closures below those 13,850 points, We would not have signs of a potential start of a corrective process Tertiary, or short -term, by the main stock index of reference for Spanish variable income.
Therefore, Few changes to highlight, we keep the index attached to maximumand, therefore, as long as we do not have, on the one hand, descending cuts of the weekly MACD, on the one hand and weekly closures below those levels of 13,850 points, on the other, the novelties to add to the Ibex 35 are limited.
Constructive attitude regarding the selectivekeeping the risks of correction to the very short term.
Access the full analysis of the basket of values that make up the IBEX 35