IBEX 35 Index
Long

IBEX35 AFTER BRICS NEW MONEY

I have studied this on a monthly time frame along with monitoring the news closely. I've noticed that it has been building a bullish flag pattern since it began. We hadn't had any new lower lows on the Monthly time frame and we just left a resistance level after retesting it three times! Combine that with BRICS new currency and the annoucing of it being this week this could only mean 1 thing! Go long on IBEX35!

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