Sell Spain 9800 Target 9500

23 3 7
Breaking down last uptrend
Gap at 9560
@hpspain ... What are your thoughts with Spain35? Are you thinking it will go to 9543 & close the Gap? I have been holding shorts from before Xmas ;o( Cheers Matt
hpspain gaptraderhq
@gaptraderhq, Hi there Matt, Two major banks have to raise capital. Santander at least 4.500 Mn. Euros = 4.20 Euros/share BBVA close to 3,700 Mn.Euros which equals 5.60 Post capital raise. So if the big banks needs to raise capital. Ibex will drop. How much ....i expect 8900/8700.
Also the government has troubles and corruption...things gonna get nasty again.
@hpspain, Thats would be great. I've been holding this bloody thing for awhile now & the entire time it's been going up reaching new highs. I've had my tp set at 8809 for awhile now... so fingers crossed this happens! Cheers
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