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Ibex

TOP-10 Most Important Banks in SpainThis is a review on a monthly view of the main banks in Spain. We are not going to make any more comments than to limit ourselves to paste the charts, just to say that they are inside a big shit. In which one would you put your savings? Greetings and God bless us. ------------------------------------------------------------------------------- Banco Santander: (this one attached to the idea) Banco Bilbao Vizcaya Argentaria, BBVA: Caixabank: Banco de Sabadell: Bankia: Banco Popular: (no info found) Bankinter: Unicaja: KutxaBank & Ibercaja Banco: (no info found) ---------------------------------------------------- And finally a view of our main index, IBEX35: ---------------------------------------------------- We need more brrrrr brrrrr brrrrrr...! Please Lagarde give us more brrrr brrrrr brrrrr!
BME:SAN
by harribatu
1
Elliott Wave View: IBEX Has Turned LowerIBEX shows an incomplete sequence from November 2007 high and still favors more downside while below 2.19.2020 high (10093). Near term, the Index ended the rally from 3.16.2020 low in 3 swing as a zigzag Elliott Wave structure. Up from 3.16.2020 low, wave (A) ended at 7209.7, wave (B) ended at 6421.4, and wave (C) ended at 7995.3. The 3 waves move higher from 3.16.2020 low also ended wave ((4)) in higher degree. The move higher in wave (C) of ((4)) ended at the 100% – 123.6% equal leg area from 3.16.2020 low at 7824 – 8153 area. Index has since turned lower in wave ((5)). Technically it still has to break below wave ((3)) at 5814.6 to avoid a double correction. Near term, the decline from wave ((4)) high at 7995.3 unfolded as a 5 waves impulse Elliott Wave structure. Down from wave ((4)), wave 1 ended at 7685.3, and bounce in wave 2 ended at 7859. Index extended lower in wave 3 towards 7205.80 and wave 4 bounce ended at 7425.20. Finally, wave 5 of (1) ended at 7065.2 IBEX is now correcting cycle from 6.8.2020 high within wave (2) before turning lower again. As far as pivot at 7995.30 high stays intact, expect rally to fail in the sequence of 3, 7, or 11 swing for more downside.
BME:IBC
by Elliottwave-Forecast
Bailout coming - BBVA and their podcast experts (LMAO)So I've decided to somehow repost this big scheisse after the bank doesn't stop sending me emails saying they have experts analyzing the markets and wanting to give an explanation of why the stocks are going up. Really? Who are they trying to convince with this graph? It will be bad, very bad. And in the end we will always pay for it, always the same. Enough! Because all spanish big banks are all almost in the same situation. If you want to check other countries issues: METRO, DB... can continue forever. Buff, I'm so annoyed today. Be careful outside! End the FED, end this fractional reserve system. Burn them all down soon.
BME:BBVAShort
by harribatu
Ibex 35 abandoning bullish channel from 01/01/2019Trade war tensions made the markets tumble this Wednesday. Ibex 35, which is gaining volume (Cumulative Volume Indicator CVI was used) every week, has abandoned bullish channel started at the beginning of 2019 and continues its downward trend started back in May 2017. From a long term point of view, the end of this week will be critical to establish a correct position on it, either bullish if it gets back in the bullish channel or bearish, if it gets further away. One thing is for sure, from a short-term point of view the "Sell in May" prophecy period is also ending this week as May ends and the index could experience a bullish reversal the first days of June that won't last for long. All in all, long-term is bearish and short-term might come with some volatility surprises.
TVC:IBEX35Short
by alexinve
2