IBEX35 Spain Index Bearish BatIBEX35 has formed a Bearish Bat at the H4 TF, from the D Leg first swing down currently into consolidation. Post, we should see one more leg at least towards the 100% - 1.272% Extension.. Shortby Dalietos3
IBEX35. Unfinished spanish businessI normally don´t watch local TV but fortunately saw the news last week while I was having a lunch. Spanish GDP is growing 3.2% since last year and I heard almost the same words that I heard in 2007: we are in front of Europe, the crisis is behind... and else, and else, and else... Just wanted to have a look at Ibex35 index, to see whether I missed some wonder or if somebody gave Spain several hundred Billion to restore the economy. UNfortunately, I haven´t missed anything and the 22% of unemployment talks for itself. From technical point of view, I can see a long-time H&S pattern which is still pending to be developed and drop spanish economy to the levels of the late 90s. And, in real numbers, to much lower than that because in late 90s there were no abysmal sovereign debt. Talking about the numbers, I expect IBEX35 to raise back to 11.000 area that is where the Hagopian line is placed. This is a psicological value for those who follow the spanish market. Once there, their voices claiming the crisis is over will be heard from every bar: a classical situation with 80%+ of the bulls. We all know what market does when such a thing happen... I would short IBEX35 from 10800 approximately, targeting as low as 3000 ish by 2-3 years as much. And hope there will be a broker who would pay for such a big short.Shortby captain_smollett13
ESP35Major rally about to begin. Wave 3 thrust. Give it time to develop. Stop at 8,543. Target 1.272 fibo above last peak minimum possibly 1.618 if you dare.Longby UnknownUnicorn3843985
IBEX 35 bullish momentum should continue towards 9000 level 8726 level support has a bullish candle confirming my bullish bias, the perfect buy would of been at the 856 level. That bearish engulfing void candle at 12pm was just there to take out stops, the 4 hour block has been violated so this shows uncertainty because price has dropped on 8830 level and has also shown bullish action before. 1 hour time frame confirms my bullish bias.Longby hsa25012
IBEX35 strongest bearish candle in analysisthe candle in formation today is the or one of the strongest in tech analysis target 7750Shortby shaca3
(1h) Bearish Gartley / Sell at Structure / ESP35FX:ESP35 Safe Trades; open.spotify.comShortby Andre_Cardoso2
ENTRADAS EN IBEX USANDO INDICADOR CCIEntradas en #IBEX usando el indicador CCI al cruce de su banda inferior (-100) Rango fluctuacion y HCHi Gráfico en mensual #bolsa #finanzasLongby PAKMIK0
short ibex35short ibex35 till 8300-8150 before the big party starts and we go straigt to 10500 points. Let's calm down for a few sesh before making the big long bet on the difficult ibex35Shortby luiggih2
IBEX head and shoulder, 7800 then 10500 the next yearfollowing the spx500 count, we are in the of wave 2 of wave 5, wave 5 to last at least 15 months from february 2016Shortby shaca2
MAJOR WAVE III ABOUT TO START AT IBEX35 (spain index)Readjusting the elliot count as the movement evolves. There is an accumulation process going on at ibex 35. Big sharks are accumulatting positions around 8700-8800 to start a major bullish rally. We will have a few bearish sessions ahead till the accumulation is done. It will be a wave III rally: strong, fast movement and tons of volume. In worst case scenario, everyone who had followed my last charts would have bought at a super succesfull low risk entry points: we're still getting ready for the major wave III to come. P.D: you will notice to way of counting the waves: both of them told us the same: Major wave I is done and we should expect a dip before the next major wave starts.Longby luiggih0
BULLISH RALLY ABOUT TO START IN IBEX35A 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.Longby luiggih0
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! CARLOSLongby ccerezo11Updated 552
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.Longby BillionaireUnicornUpdated 1
IBEX35 outside reversal dailyat least 10% fall from 9000, so 8000 is expected but 7700 is very likelyShortby shaca3