Island reversal still intact

2 ביולי 2020

From the 11 of June, the Island reversal remains intact and now the Spanish index tries to close it. We will see the mission will be a success soon, but what I would like to see is that the gap remain open and the bulls will be closed to the island. So from the red resistance zone at 7600, the IBEX should turn down as I was expected in the related idea.

Closing the gap will open the door above 8000.