Is the mexican index in danger?

٢١ يونيو

Even with great companies conforming this index, it's impossible to ignore the effect that Claudia Sheinbaum's victory had over the markets. It's shocking to see the pessimism of the markets after her victory. Unfortunately, this has now created an infliction point in the ME index. With no recent clear support, it could be possible for price to drop quite a bit more, opening great buying opportunities.
However, if price does not begin to reverse this trend soon, it's possible that we will test lower lows.