We analyze the IBEX 35 from a technical and chartist approach, using weekly data. The Spanish stock market benchmark index once again marks new annual and historical highs, standing at 17,176 points, with a high probability of closing the week above the 17,030 points registered last week.
The context does not show significant changes: the weekly MACD is overbought, but there are no solid signals that point to the beginning of a correction in the Ibex.
Therefore, for next week we maintain a constructive attitude, and it is likely that historical highs will continue to be recorded, which currently stand at 17,180 points. In conclusion, the trend of the Ibex 35 continues to extend in a stable and consistent manner.