Looking at the weekly timeframe, i can see double roof at 11200 and several bear market candles after it. Maybe if the Trend line since Jun 2012, when the Ibex index made a floor, we can confirm the roof and change into a bear market. We´ll se what is going to happen, in the event the BCE start it´s own ¨QE¨ maybe the bullish market can hang in there and go up again.