Spain's benchmark index IBEX, which hit a nine-year low on Tuesday, is sinking towards the psychological level of 6,000 points, which represents the target triggered by the break-out of a triangle pattern in early April, says Valerie Gastaldy, head of Paris-based technical analysis firm Day By Day.
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Spain's benchmark index IBEX, which hit a nine-year low on Tuesday, is sinking towards the psychological level of 6,000 points, which represents the target triggered by the break-out of a triangle pattern in early April, says Valerie Gastaldy, head of Paris-based technical analysis firm Day By Day.