Monday, May 31, 2010

Spain Bolsa de Madrid IBEX 35 warning

Spain Bolsa de Madrid IBEX 35 Index weekly chart ;
This chart is worth 10,000 words right now ....
A weekly close below this current key support level will cause severe damage

1 comments:

Jonathan Guillou said...

-22% YTD => officially in bear market mode... LOL.

That support is shaking right now. Future will tell if this is strong enough to support bears' assaults.