IBEX MT: supported by a rising trend line.

Pivot: 11500

Our preference: long positions above 11500 with targets at 14660 & 16600 in extension.

Alternative scenario: below 11500 look for further downside with 10370 & 8900 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

18000 **

16600 **

14660 ***

13928 Last

11500 ***

10370 **

8900 **