Mexican Economic Development: Bollinger Bands Narrowing, Bearish Marubozu Triggered on 15min Chart.
ByAinvest
Tuesday, Feb 3, 2026 1:32 pm ET1min read
FMX--
According to the 15-minute chart for Mexican Economic Development, the Bollinger Bands have narrowed and the candlestick pattern is a bearish Marubozu as of February 3, 2026 at 13:30. This indicates a decrease in the magnitude of stock price fluctuations, suggesting that sellers are in control of the market. Therefore, it is likely that the bearish momentum will continue.
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