Technical Analysis

Technical analysis of the IBEX 35 continues having strength, the trend remains clearly upward. If you look at the weekly chart we see several references that indicate that, for the moment, rises can continue. At 13,600 points we have drawn a triple floor; the previous maximum in 15.550 points are being exceeded; the volume on the rise will be accompanying; missing many values by joining this movement (banking sector) are near the 15.700, where poke several references that make us to be cautious, but price sent and now is bullish. Keep with support at 15,300 points. Technical analysis of Repsol YPF Bull unceremoniously. Well shown in the graph in weekly scale of long-term. That Yes for that does not remain in water of Borage and seeing that often no it correlates with increases in oil, must confirm their current momentum with a decisive overcoming of 28 euros. Yes get it and consolidates, 30 euros will probably overcome without much effort.

Technical analysis of antenna 3 trimming than takes the value hurts but we see on weekly chart as nothing has changed. At the moment the guideline is clear, also against her we can add that the closing of this week has been bad. Unless you confirm a floor at 12 euros and see it bounce beyond the 14 and with volume buyer accompanying, not look level to enter the title. It is true that it is very oversold but this scenario happens since it lost the 16 and still has fallen another 25%. Careful technical analysis of Avanzit movement very strong in search of 5.90 euros to break the range as it divided the last movements. Approaching this zone it has left paper but despite this he remained always keep it trading above the 5,30 euros. Technical analysis of tubes assembled on the inside of a perfect channel bullish in the short term, only the presence of 5.60 euros is slowing its advance, in fact has negotiated much role in those environments.

Keep with stop at 5.20. Yes overcomes resistance in 5.60 could go to the 5.90 6 euros with much speed. Technical analysis of Amper took several weeks in a narrow range, with a behavior disheartening after breaking the upper bass channel bandwidth. He made several movements of pullback to this area and finally at the meeting on Friday has exited the range and volume accompanying the momentum. Above the area that can curb the escalation is in 13,70 EUR. Keep with stop at 12.09. Technical analysis of Ferrovial is trying to confirm a head shoulder shoulder inverted, so must quote above the 65 euros. Attending to the strong volume traded in minimum it seems that figure can succeed and if so the upward projections can lead to the title to 73 euros environments in coming weeks. In any case we must never ignore the brackets. In this case, any cuts should not deepen beyond the 55.90 although I would be already showing signs of weakness quoting below 56,90 euros. Technical analysis of the S & P500 support that exists in the environments of the 1,490 has worked and the index has free rein to a new impetus towards the zone of the maxima in 1570, higher band that restrains the index advances will limit the current movement in environments of 1,600 points. Today a weekly close above the 1.523 points would be ideal.


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