IBEX exposed after ECB
Updated
Here we have a very important flow forming after a soft ECB via revised forecasts for growth, inflation and TLTRO's.
We have reached heavy resistance at 9,280 and a global slowdown will be enough to seriously damage the downside. From a technical perspective this would also satisfy the ABC from the 2015 highs.
On the FX side, please find attached the flow for EURUSD towards 1.09.
Best of luck all those in Spanish Equities.
We have reached heavy resistance at 9,280 and a global slowdown will be enough to seriously damage the downside. From a technical perspective this would also satisfy the ABC from the 2015 highs.
On the FX side, please find attached the flow for EURUSD towards 1.09.
Best of luck all those in Spanish Equities.
Note
-1% here
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