BULLISH RALLY ABOUT TO START IN IBEX35

A bullish rally is about to start on the spanish index. The famous ibex35 is in its way of a major wave III with a very clear continuing diagonal triangle at wave II.

Bullish positions till arount 9000-9150 and then get ready for the wave IV to come, probably on a sharp rally due to elliots wave alternation rule.

Maybe we there is a fair chance to be involved in an extended wave III so we coud potentially reach 10000-10500 pretty soon.
elliottwaveprojectionElliott WaveibexIBEX 35 CFDindexlongsetuprallyrallyupspain35Triangle

Related publications

Disclaimer