IBEX Playing For A BreakdownIn this update we review the recent price action in the IBEX and identify the next high probability trading pattern and price objectives to targetShort01:11by Tickmill2
Jamie Gun2Head - Buying ESP35Trade Idea: Selling ESP35 Reasoning: Big resistance Entry Level: 8294 Take Profit Level: 8053 Stop Loss: 8366 Risk Reward Ratio 3.35:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Shortby Signal_Centre4
Elliott Wave View: IBEX Has Resumed HigherShort Term Elliott Wave View in IBEX suggests rally from 3/7/2022 low is in progress as a 5 waves impulse. Up from 3/7 low, wave (1) ended at 8875.30. Wave (2) pullback has ended at 8137.37 with internal subdivision as a double three. Down from wave (1), wave ((a)) ended at 8512.3, rally in wave ((b)) ended at 8703.50, and third leg lower wave ((c)) ended at 8344.90 which also complete wave W. Wave X corrective rally ended at 8650.70 with internal subdivision as a zigzag structure. Final leg lower wave Y ended at 8137.37 with internal also as a zigzag structure. Index has turned higher and broken above wave (1) at 8875.3 suggesting the next leg higher has started. Up from wave (2), wave (i) ended at 8383, wave (ii) ended at 8324.1, wave (iii) ended at 8488.90, wave (iv) ended at 8437.10 and wave (v) of ((i)) ended at 8546.30. Wave ((ii)) pullback has ended at 8342.20. Index has resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 8598.40 and dips in wave (ii) ended at 8515.60. As far as pivot at 8137.37 low stays intact, expect Index to extend higher.by Elliottwave-Forecast1
UPDATED CHoCH vs BOSWatch this clip to learn about CHoCH and BOS. After this clip you should be on your way to finding optimal reversals in the market along with potential continuationsEducation05:28by IGuessYou6
ESP35:IBEX DOWNTREND | NEW SHORT TRADE TRIGGER | SHORT 📉Industrial production fell 1.8% in March on month, the sharpest fall since May 2021, data from the country's statistics office INE showed Friday. In February, output increased by 0.9%. On an annual basis, industrial production rose by a marginal 0.1% in March, the data showed. The Spanish economy, the eurozone's fourth largest, expanded 0.3% in the first quarter over the preceding quarter, as the spread of the Covid-19 Omicron variant in early 2022 weighed on the services sector. However, the economy is expected to pick up pace in the second quarter as a rebound in services activity will likely offset a subdued performance of the factory sector, Pantheon Macroeconomics' senior Europe economist Melanie Debono said in a research note. Shortby INDEX_INSIDERS1
Jamie Gun2Head - Buy ESP35 Ascending Triangle Buying ESP35 on a break of the ascending triangle. Targeting longer term 78.6% Fibonacci retracement. Longby Signal_Centre1
Ibex 35 possible bear market rallyIbex 35 had a quick countertrend-move this morning, perhaps too quick and technical move with algo-traded Business. Be careful, vola can increase further. Shortby Dowbreezer0
Elliott Wave View: IBEX Has Resumed DownsideShort Term Elliott Wave View in IBEX suggests the decline from November 1, 2021 peak is unfolding as a 5 waves diagonal. Down from November 1, 2021 peak, wave (1) ended at 8082.4 and rally in wave (2) ended at 8912.20. The Index resumes lower in wave (3) which ended at 8048. The 1 hour chart below shows that move in wave (3) which subdivides in another 5 waves in smaller degree. Down from wave (2), wave 1 ended at 8266.9 and wave 2 ended at 8607.10. Wave 3 ended at 8061.2, wave 4 rally ended at 8254.10, and wave 5 lower ended at 8048.30 which completed wave (3). Bounce in wave (4) ended at 8509.90 with internal subdivision as a zigzag. Up from wave (3), wave A ended at 8496.4, wave B ended at 8288.8, and wave C ended at 8510.61. Index has extended lower in wave (5). Down from wave (4), wave ((i)) ended at 8076.40 and rally in wave ((ii)) ended at 8370.80. Near term as far as pivot at 8510.61 stays intact, expect rally to fail in the sequence of 3, 7, or 11 swing for further downside. n of wave w which comes at 3629 – 3998.by Elliottwave-Forecast0
Waiting On The IBEX 35 (SP35) – Indices – Daily CAPITALCOM:SP35 We are just taking a look at the IBEX 35 and not planning on opening up any positions. This trade is a bit too complicated, and there are no clear signals (because there are too many almost) to indicate which way the price wants to go. A downward trendline from May 2017 connects a peak in February 2020. Technically from this, we can gather that IBEX is still technically in a downtrend. Even though it has dropped in price and climbed to its current position, it still has not crossed our “main” downward trendline signaling an uptrend. There are quite a few patterns to consider in this example. We have a wedge squeezing price along with two symmetrical triangles. The grey support line indicates a hard support level which is also supported by a round number (SAR round number). Additionally, the valleys are supported by high volume, and when this is the case, you can be assured price will probably come to a halt there. Along with the downward resistance line running across the double top, that support line forms a tightening flag. If we have to consider these patterns, we can take into consideration that a partial decline has taken place, and it has retraced to the 50% level of the Fibonacci Retracement level. We can also see a level of HCR (Horizontal Consolidation Region) at the level of support. There is a channel to the left and above, close to the second part of the double top. Both these areas are areas that could halt price movement, but they are so close to the price already that they might not cause any problems. In terms of the small symmetrical triangle, we can see that the price has reached its apex and some form of a break is imminent. However, if we look at the larger symmetrical triangle, we can see that the price still has room to move before we can come to any conclusion. If we had to assume that IBEX #% was currently in an uptrend due to the fact that it has been moving up since October 2020, we could see that two trend lines cut through price. One creates the larger symmetrical triangle while the other is used to evaluate if a downtrend has begun again. By using the 1-2-3 change method, we can see that IBEX 35 is headed in a downtrend but has not closed at the 3 mark, which is the price of 8060. Although, the double top was confirmed with the HCR. I would not personally enter any position here until I see where the price is going to go. In order to go short, I would wait for the price to move and close below the two support lines and at the 3 mark. For a long position, I would actually wait until it crossed the massively long downward trendline that is still a level of resistance. You can see this because it reversed when the price tried to reach it twice (the double top). The price would have to close at around 9368 for me to consider a position trading opportunity for a long position. Hence for the moment, we’ll just sit and wait to see what IBEX 35 is going to do. by DevlonJarrodHorne0
ESP35 setting up to break strong resistance?There is a major resistance around 8838. Will it break? I don’t think so but it’s worth to follow news tomorrow on ECB rates decision. Definitely we’re living in the times of great economical uncertaintyby Trinnisia_Trades0
ESP35I KNOW TRADING IS DIFFCULT but i i love the hard thing . here we see the Market orders delete the liquidity from one side of the market. They make it more difficult to buy or sell.by mehdiouari6460
Blue chipHello dear trader Due to the structure of the market, it is not possible to signal immediately. So we wait for it to proceed according to the setup. These are just my personal analysis and you enter according to your strategy. Entry:8670_8697 Stop:8741 Tp1:8528 Tp2:8456 R/R:5.49by UnknownUnicorn77763281
ESP35 Tinnisia_TradesThe market just reached 50EMA, I am surprised it went that high and we might stay here for a while or drop slightly. I expect another bullish attempt towards 9000 - I will be looking at sell position then Please trade carefully, I’m not a beginner trader, not yet a proby Trinnisia_Trades0
IBEX 35 is back, next stop 9066Here at Human Traders we've analyzing closely the IBEX 35. Remember, this one does not include dividends as the DAX 40 does. The IBEX 35 will test again the MEGA resistance level, next top on 9066 points. If the resistance level is broken out, the next stop will be on 11400, and then, there will be no limit at all. We are long on this one as the general outlook of the market remains positive and this week we've seen huge bullish signals across all indicators and price movement.Longby alvaromroo226
ESP35 forecast for end of 2021I’m not very familiar with this market, only started to trade it two weeks ago. Based on technical analysis death cross just occcured. RSI is pretty low but we still can go lower towards 8000. After that we should see some green candle sticks to the upside to 8500-8700. The market will become more bearish next year and with Omicron I don’t think we will go that high.Longby Trinnisia_Trades220
IBEX35 ANALYSISThe wave you see in the future price on the chart is a schematic of a possible price trend and will not be formed just to clarify the possible price movement. This is a personal analysis and should not be considered a criterion for buying or selling. Please pay attention the Take profit and Stop lossLongby Sina-TFX0
IBEX making a double topIBEX35 making a double top. Price target is 7100 points.Shortby EduardoBotelho0
IBEX 35 - Cold Spanish Winter ESP35 or IBEX35 chart is a classic 'Go Short' example. We like to hedge (Buy the strongest/ go Short on the weakest) and this one in particular is (still) the definition of the second category: -The European Commission lowered its forecast for Spanish growth this year as the country's recovery from the COVID-19 pandemic lagged behind other European nations. The commission estimates that the rise of Spanish gross domestic product will be 4.6% this year and 5.5% next year, almost two points less than earlier forecasts of 6.5% this year and 7% in 2022. - in Spain — the eurozone's fourth-largest economy — GDP is 6.6% below 2019 levels. (Germany has narrowed the gap to 1.1% compared with pre-pandemic levels, and France has reduced the difference to just 0.1%). - Weak household spending and supply chain bottlenecks are weighing on the post-pandemic rebound. - According to Brussel s, Spain is the only EU country where economic activity will not return to pre-pandemic levels before 2023 Charts never lie. IBEX is expected to take a dip further. In the meantime it's our way to hedge our Long positions on other indices (as well as part of our exposure to Bitcoin...) One Love, the FXPROFESSOR Shortby FX_Professor227
SPAIN 35 Buy Richo 1:4.5SPAIN 35 Buy Richo 1:3 risk 5% Please when you follow my analysis You must enter all trades and never miss any analysisLongby asd11220
ESP35 BUY BIASI'm entering a buy on this pair, golden fib retracement, horizontal support zone, TL respectedby Sirlord0070
ibex35 strong resistance at 9000isha reverse H&S is forming on ibex35(now36) the proyection of the pattern would theoreticaly bring it to 9600ish..let's see.. by a fundamental point of view it should be no problem for it to reach the target, since EU looks like wont let the QE any time soonLongby warrenbuffettdemicasaUpdated 111
SPAIN35CASH long 30min open nowSPAIN35CASH long 30min open now 1:1 Looks good trade. Lets monitor. Use Proper risk management. Disclaimer: only idea, not advice.Longby MuhammadTrades110