As in him Lechera Storythe hopes and illusions that had aroused in the most optimistic investors of Wall Street the bullish hole with which the main US indices started the week, they could stuff In a couple of sessions.
And, despite the fact that the possibilities that Nasdaq 100 returned to support had been reduced with the GAP of great relevance seen at the dawn of the week, the bulls now look sideways at Friday’s minimums in the 19,400 points of Nasdaq 100 and the 5,600 points of the S&P 500, whose drilling would lose the bulls the control and could in question the rebound that was expected to be used to recover part of the fall from the Deepseek roof.
They do it after the announcement yesterday by Donald Trump of their intention to impose a 25% tariff on all cars not manufactured in the United States, which will enter into force on April 2, and the prediction facing next week of reciprocal tariffs, which has shaken market confidence. Sales were imposed yesterday in the main variable income selective on the planet and especially affected traded car manufacturers, with some analysts predicting a significant impact on the industry.
“Tariff -related headlines have shaken market confidence throughout the region”says Jun Rong Yeap, Ig Asia market strategist in statements to Bloomberg. “Since investors link tariffs with a higher risk of recession, any type of commercial restriction could trigger a precipitous exit, as we see in today’s session.”
In this context, “the Nasdaq has failed in the resistance of the 20,325 points And now we will have to see if the hole open on Monday resists, “says Joan Cabrero, technical analyst and strategist of ECOTRADERwho remembers that this level “is where its M200 and the recovery level of 38.20% of Fibonacci of the entire last fall.” “At the moment, the reach of this resistance zone has caused the bearish pressure to impose itself again and now We will have to see if the open hole on Monday manages to resist the bassist advancesomething that is key for Nasdaq not to address the 18,700 points“, the expert sentenced.
THE IBEX 35 PENDER OF SUPPORTS
In the case of Ibex 35which had achieved in the short term to mark a new maximum of the year and growing within the bullish trend that it develops, will not show any deterioration as long as it does not lose the support it presents in the short in the 13,200 points.
“If that support would fall, I’m afraid we would end up attending a fall to the 12,700 pointswhich are the minimums of two weeks ago and the area I would expect to consider buying again Spanish bag, notwithstanding that the ideal would be to wait for him to seek support for that bullish guideline who guides the promotions in recent years, “says Cabrero.
A bite of 8,000 million to the automobile
The latest commercial sanctions of the US, focused on the automobile sector both allies and enemies of the country, add to the already accentuated market concerns, which fear that their impact on world trade will end up taking its toll on world economic growth. A feeling that is reflected in world bags, and particularly in the automobile sector, that only yesterday was left 8,000 million capitalization in the stock market.
Signatures like Mercedes, BMW or Renault – among others – left about 2% on a day in which Ferrari was the most beaten in the sector When almost 4% fall in the session. And manufacturers of pieces and components for the sector did not escape from the bassist maelstrom
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