
Argentina’s Merval Index: Poised for More Gains?
🇦🇷 The Merval index experienced significant volatility but closed higher, showing resilience after the removal of currency controls.
📈 Technical analysis suggests the index is likely to continue rising, needing to break the 2.5 million peso level to confirm the uptrend continuation.
💲 The dollar-denominated Merval chart also shows strength, having recovered the 1800 level, with the next resistance seen around 2000.

Market Overview: MERVAL and Global Trends
🌍 The MERVAL index is closely following global market trends and IMF expectations.
📉 Current volatility is affecting investor sentiment.
⚠️ Caution is advised as the market navigates these challenges.