IBCEuropean markets doing very well, one of them is the SPANISH market with
ESP35 IBEX 35 having a beautiful return. It stands out as an alternative market, with an index full of traditional companies (
CA, 
ITX, 
REP, 
SAN, 
TEL)and lacking in technological companies, nor metals, nor tariffs, it does not seem that TRUMP can ruin the image of the beaches of Ibiza or the exquisite Spanish chorizo.With a sustained growth in its economy and positive results in its companies and without forgetting that political stability has returned once the proposal of Catalan independence movement has been annulled.
Trade active
That is a return!!!Trade active
#Ibex35 Good signs for now! Futures mini IBEX 35 continuous exceeding the 200 DMA and Ichimoku in 1 hour chart, 3.51% return #Spaintwitter.com/Mad_MauRo/status/979291925651120128
Trade active
Continue the optimism, let's see where it closes, if it is above 9600 or what ... a couple of hours and then until TuesdayTrade active
After a low open, european markets find a good support and having a good rebound and with american futures in green at this hour, market closes apointing to up slowlyTrade closed: stop reached
After these announcements, all the markets are in a big stress, at this hour stop loss activated and turned for SHORT positions, identifying support targets reuters.com/article/us-usa-trade-china/china-vows-countermeasures-as-u-s-issues-extensive-tariff-list-idUSKCN1HB0G6
twitter.com/MarketWatch/status/981464517300379648
Trade closed: target reached
After all, not a bad day, not a terrible week, good oportunity for European markets to have autonomy stay a little aside from the trade war and become a refuge market, UK does the same thing, it keeps a little quiet and separate. marketwatch.com/Story/european-markets-tip-lower-as-trade-worries-resurface-to-rattle-investors-2018-04-06?&siteid=yhoof2&yptr=yahoo
Trade closed: target reached
Spanish market and european markets in general doing well , but still some resistances to watch to consolidate #bullish sentiment and mainly waiting for SPX reaction to prinpipal downtrend of the last 2 months.Here bellow updates supports & resistences:
#IBEX #IBC
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.