The IBEX 35 this week develops increasing highs and lows, compared to the highs and lows of the previous week, but we were unable to close above those previous highs, 11,720.70 pointswhich we had been monitoring in the latest reviews last week, tells us the financial markets analyst of Investment Strategies, José Antonio González.
Bittersweet taste in the selective, and we continue working on the idea of maintaining, for another week, a corrective process that has been developing from the highs recorded in mid-October, at 12,038 points.
In the short term, on a daily time scale, we can observe many references and movements that do not take us anywhere, without specificity on the part of purchases or sales, which forces us to gain perspective in the corrective environment. short-term tertiary, in a situation where the daily MACD remains with descending cutstrading below its neutral banking or zero band, in a context in which The volume continues to decline sharply.in the heat of this week’s holiday on Wall Street, with Thanksgiving. Hence the volume decreases in all seats significantly.
He emphasizes that we are going to give the Spanish selective a little more time, while considering that, The most likely context for the next sessions will continue to maintain the corrective process of recent weeks.
