2020 2021 Mexico Stock trading : MEXBOL S&P/BMV IPC Index long-term forecast, Target 61300 (+38.37%)
Trade : BUY the Dip
Entry : 44300
Target : 61300 (17000, +38.37 %)
Stop : 42755 (1545, -3.49 %)
Date : January 25 (Saturday) 20:00 (CET)
Note : Mexico IPC index prices have not done good movement since 2013. Now, the price flow is drawing our attention. The key price is 49550, which will be a milestone in whether to go higher or not. In my opinion, the index would breakout the highest in 2017. I do not know when, may be later this year or the next year (2021).