IBEX 35 (IBEX) Heads Up For the 3rd Day In A Row, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart

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IBEX

The Hourly View for IBEX Last Updated February 26, 2021, 12:19 GMT At the moment, IBEX 35 Index’s price is down -59.05 (-0.71%) from the hour prior. The hourly chart shows that IBEX 35 Index has seen 2 straight down hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, so that price is now turning below it. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20,…

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