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: Banks and tech drag indices up πUS industry stays strong
Three Markets to WatchΒ Next Week (16.01.2026)
US OPEN: Bank and fund earnings support valuations.
MIDDAY WRAP: Capital flows into European technology stocks πΈπ