Spain nears 1 million COVID-19 cases

Spain will most likely become the first European country to reach 1 million coronavirus cases with the government considering introducing a nighttime curfew across the whole of the country, Health Minister Salvador Illa said on Tuesday. Yesterday Spain have recorded nearly 14,000 new cases, taking the total to 988,322, according to the Spanish Health Ministry.

Spain reported 13 873 new coronavirus cases on Tuesday. This is the second highest daily count since the pandemic started. Meanwhile 7-day average reached record levels of 11 714. Source: Worldometers

SPA35 – index bounced of the upper limit of the triangle formation which is additionally strengthened by 50 SMA (green line) as mounting coronavirus concerns offset hopes of further stimulus in the US and upbeat corporate results. If sellers manage to break below the lower limit of the pattern, an downward impulse towards support at 6527 pts could be launched. Source: xStation5

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