The Spanish index is trading more than 2% lower duringtoday's session. Looking at the chart from a technical point of view, SPA35 broke abovethe sloping trend line, but buyers quickly gave up. The price returned inside the descending triangle formation, therefore the continuation of a downward move is possible. The slump may occur as soon as the price breaks below the support at 6,890 pts.
SPA35 H4 interval. Source: xStation5
Daily summary - Government stays shut, Market declines, crypto recovers
Extended decline at the end of a week! ๐จ
US OPEN: Market extends decline at the end of the week
Daily summary: Optimism on Wall Street eases again๐ฝUS Dollar drops from recent highs