❗ Warning sign on SPA35 ⛔

The Spanish index is among the biggest winners of the vaccine news. It makes sense – the Spanish economy has been hit extremely hard by the pandemic and with tourism playing such a vital role there it’s safe to assume that a return to normalcy would be great for the Spanish stocks. The question here is – isn’t this too much too soon? Vaccine news is great but it doesn’t ensure a smooth path to pre-pandemic lifestyle.

Technically, the index soared above June highs yesterday on the Moderna news but was unable to sustain gains and drew a daily falling star pattern. Traders should watch it carefully because a red session today could herald a correction.

5 October 2026, 12:38 PM

Market Wrap: France’s Budget, Spain’s Elections. Politics Returns to the Markets

5 October 2026, 6:49 AM

Morning Briefing: Dollar gains, oil falls. EURUSD at multi-month lows

2 October 2026, 11:43 AM

Market Wrap: Tech stocks stabilize sentiment in Europe 📈 Adidas and Puma resilient despite Nike’s sell-off?

2 October 2026, 7:38 AM

Chart of the Day: Sharp sell-off in China 📉 HK.cash posts its biggest decline since March (02.10.2026)

Indices Technical analysis

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