During this week we have seen increases of 1.3% in the IBEX 35, trading at around 11,799.90 points.
The main objective of the Ibex for this week was finish the weekly candle (started last December 16) above 11,794.20 pointsto demonstrate levels of strength.
With the selective above, we prioritize that The Ibex could attack the 12,038 point area in the coming weeks.
On a daily scale, the Ibex price has found support at the lows of last Thursday’s strong session, finding support in the area of 11,754 points. Thus, the main objective for next week is end any session above 11,857.60 points, an area that acts as the main ceiling level in the short term.
If you want to know the technical analysis of all the Ibex 35 values with their supports and resistances, click here