IBEX35-Looking for a bearish reversal in the near term

The upcoming macroeconomic data from Spain will tell the whole story.
The government change will most likely hinder growth. Overall, the market is positioned for a possible bearish reversal.

Very obvious, in a sense that Spain and the other weak economies of 2007-2009 can't avoid a new crisis forever. It's coming soon.
Harmonic PatternsTrend Analysis

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