Rebound IPCThis might be set for a rebound but trend has been down for a little more than a year, so I would not expect much. If this gets back above the blue doted trend line, it would be back into the longer term up trend.
Then it would be back in the middle term triangle and again wait for a break out either way. This only if above blue dotted line.
IPC
Nothing is foreverThis is a difficult one, so I'll take it carefully. Since 2010 they started a very stable uptrend however it seems to me that this trend is about to end.
I take it with caution and one step at a time using the most conservative levels but I would not have any problem shortening it to the area of 41000.
In Mexico there are elections this year however I do not think it has a direct relationship as the upward trend started in 2010 ... it can not last forever.