Friday, May 29, 2026 · Covering Thursday May 28 session
Summary
Mexico stock market report: the IPC fell 1.65% to 68,866.28 on Thursday May 28, a sharp reversal that erased Wednesday’s 824-point breakout and pushed the index back below 70,000. The candle was textbook fade: opened at the 70,103 high, never traded higher, closed near the 68,714 low. Iran’s retaliation against a US air base firmed the dollar and dragged Mexico back into the moving-average band it had just escaped. The structural case is intact; the technical case is not.
The Big Three
The IPC closed at 68,866.28, down 1.65% in a 68,714 to 70,103 range that opened at the high. The session more than erased Wednesday’s breakout and dropped the index back inside the 68,768 to 69,032 cluster, flipping support back to resistance.
