The IBEX 35 closes the week with a slight revaluation of 0.21%, in a technical structure that, although it began with weakness «After opening with an bearish gap last Monday,» has managed to recover land during the course of the sessionsshowing resilience.
From a technical perspective, the index continues to replicate a behavior very similar to that of previous weeks: the price Try to consolidate overcompra levels reflected in the MACD oscillator, where the descendant cutsalthough without still showing a relevant deepening in the corrective movement.
This context suggests that the bullish bias of Ibex 35 remains in force, at least in the short-medium term, and that the market maintains a constructive attitude. In fact, the Simple 30 -week mobile average maintains a clearly positive slope, which reinforces the hypothesis of a lateral consolidation around the strip between the 13,655 and 14,370.80 points.
As for the key supports of the Ibex, the first Critical level to watch over the 13,737.20 points; A weekly rupture below this threshold could activate deeper correction. In fact, in case of loss, the price will almost immediately attack the environment of the 13,655 and 13,446.40 points.
While these levels remain intact, technical panic signs or structural bearish twist are not detected. He Buyer flow It continues to maintain progress, preventing the price from approaching recent minimums and holding the current range as a consolidation zone.
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