The Ibex is approaching annual highs

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New rises in the Ibex (+1.70%), which seeks to cover the bearish gap left on the 5th at 11,090 points. Technical analysis

BULLISH GUIDELINE S110,800S210,500R111,139R211,500Short termMedium termLong term key resistance is at 11,139 points. If it manages to exceed these prices it is very likely that we could end up seeing a extension of the increases to the level of 11,500 points. We must keep in mind that two bullish gaps have been left this week, which is a bullish sale that shows us the current strength of the purchases. Below, the first support level is in the vicinity of 10,800 points, although the key level is at 10,500 points, the low of the last correction.