ESP35 trade ideas
LONG POSITION ON IBEX 35 - SPANISH GOVERNMENT ABOUT TO FORMHERE WE HAVE THE IBEX 35 INDEX IN A VERY SIMILAR WAY TO SANTANDER BANK. ALSO CHECK MY LAST ANALISIS ON SANTANDER FOR A GOOD TRADE OPPORTUNITY.
IF THE GOVERNEMENT IS FINALLY FORMED BY POLITICAL PARTIES PP + CIUDADANOS THE BIG INVESTORS WILL COME BACK TO SPAIN AND INVEST THEIR MONEY AGAIN, THAT WILL MAKE THE IBEX 35 INDEX GO UNTIL THE CLOUDS.
THE OTHER IMPORTANT EVENT WILL BE THE FINAL DECISION ON BREXIT. IF UK STAYS IN EUROPE THE IBEX 35 AND THE IMPORTANT SPANISH BANKS WILL RAISE THEIR VALUE AT THE SAME TIME OF THE SPANISH INDEX.
MY CONCLUSION. I AM WAITING UNTIL THE HORIZONTAL LEVEL IS FINALLY BROKEN AND RETESTED AS YOU SEE IN MY ANALISIS. IF THAT HAPPENS THE BUY LIMIT ORDER WILL OPEN AND A LONG TRADE CAN BE MANAGED INTO A GREAT PROFIT UNTIL THE IBEX REACHES THE 10.000 REISITANCE AGAIN, THE POINT WHERE IT WAS BEFORE THE SPANISH ELECTIONS AND THE BREXIT.
LET ME KNOW WHAT YOU THINK!
CARLOS
IBEX35 DAILY chart breakout$IBEX35 looking attractive for a big bounce after breaking downwards resistance that was holding back price since July 2015.
The first target would be 9200 and second target 10000.
Aggressive stop loss 8400, loose stop loss 8200.
IBEX35 outside reversal dailyat least 10% fall from 9000, so 8000 is expected but 7700 is very likely
IBEX 35 -- 60 --SHORTOn this 60 minute timeframe chart, we can see that the IBEX 35 has already began it descent.
IBEX 35 SHORT - Spanish Index is at a turning point.This is my first Chart publication so forgive me if it is too busy. I use it also as a live journal and update it as the waves move.
In any case, The IBEX35 is completing a triangle and wave 4 correction thus it is about to begin its move down with my TP1 estimate at 7365 and has the potential to go to TP2 at 6565.
I also want to Thank all those that I followed and your patience with all my questions, you guys were great.
Posible HCH en IBEXVeo posible HCH en Ibex si no sale un gobierno pronto..
aunque soy novato total :P
SHORT SPAIN35A nice swing trade guys, we should be looking at lows of 8000s in the coming weeks. Enjoy and good luck
IBEX 35: WAITING FOR A WAVE DOWNIBEX 35 is in a downtrend, if the downward trendline holds i'm looking for a wave down.
ESP35The 9300 level is key. Above this level one should go long. The principal reasons are the RSI divergence on the weekly chart and Elliott wave count / Fibonacci.
SPANISH INDEX | MY GOLDEN SETUPI've been trading this setup almost a year. We have a perfect 0.618 fib retrace.
This could be a bulltrap.
Regards.
ESP35The IBEX35 index is aproaching an interesting long term support zone. Let's wait and see what happens from now on.
$IBEX - We the People - Spanish General Election 2016Today we have in Spain the parliamentary elections. These elections will win definitely block of #UnidosPodemos. What does this mean for us? Another exit from the #UE and Catalonia's independence. Poor Europe abducted by german bear! It's time for change!
en.wikipedia.org(Rembrandt)
