Indecision sends at the Ibex 35 in full quadruple time witch

1. Ecotrader.es

This Friday, the quarterly expiration of futures and options on indices and shares occurs, which guarantees volatility, since many investors close their positions and open new ones for the next quarter.

This happens four times a year.For Eurostoxx 50 at 12 noon.For Wall Street at 15.30 hours. Y para el Ibex 35 a las 16.Four. Five.

After Wednesday's falls, on Thursday the increases in European stock markets were generally imposed, "but we don't observe anything that changes the short -term bass lateral situation," warns Joan Cabrero, Ecotrader advisor.

Joan Cabrero: "Indefiniciation could persist"

"To be able to trust a rebound that is sustainable and minimally reliable, you have to wait for IBEX 35 to beat short -term resistances that find in the 8.850 points ", continue.

"The indefinition and the bassist tonic in the IBEX 35 could persist while the rest of European stock market.

"In this sense, I suggest monitoring the key support presented by Eurostoxx 50 at 4.080 points and first resistances in the 4.275/4.300 points: If you lose that support, I fear that a corrective context could be opened in the European stock markets that could lead to the main European reference to look in the worst case 3.800/3.900 points, being the analogous support zone at IBEX 35 the 7.700/8.000 points, "he concludes.

Calm on the bond market

The ECB denied a controversial information about Financial Times about inflation and types of types, published this Friday.

The British newspaper had advanced that the institution presided by Christine Lagarde was handling internal models in which they reached the objective of 2% by 2025, which would advance the expectations of types of types of types in the face of the current objectives of the Central Bank.

"The central banks will have difficulty putting the genius again in the bottle"

"I still do not rule out a taper-entrum [a negative reaction of the market to withdrawTo the genius in the bottle, "says Jeffrey Halley, an analyst at Oanda, in a comment published today.

The expert thus faces the Fed meeting next week, and, "in particular, the monetary policy of Asia", which "continues in a life support mode and is totally discouraged with that of the United States and, to a lesser extent,With that of Europe, and what is more important, no one seems to be considering the possibility of a taper-entrum, precisely a warning signal, "he concludes.

Strong iron fall

The tone was mixed this Friday in Asia with the strong recoil of the price of iron as the main ballast for miners and other companies in the sector, after the falls on Wall Street due to doubts about the rhythm of economic recovery, although oilFollow in the maximum zone of the last six weeks.In the Ibex 35, electricity companies will deserve special surveillance.