IBEX Index - Spain - path to below 5,400The Spanish index is tracing a counter trend primary wave 4 of a cycle C wave down. After it finished wave 5 should move prices to below 5,400. FOLLOW SKYLINEPRO TO GET UPDATES.Shortby SkylinePro4
Corona - IBEXAfter the pandemic, the situation will go "as usual", I think that now is the moment to buy, great companies at very good prices. Buy cheap.Longby tunguska826
SPANISH STOCKS IBEX - APOCALYPSE?Spanish stock market IBEX 35. CRITICAL 6000 support. Another 10% lower and it will be at 23 year lows! The TECHNICIAN term is "head and shoulders".....going to ZERO. The TECHNICAL term is "screwed". Need a miracle.by WVS_Stockscreen224
ESP35 (SPAIN 35 INDEX) long/buy idea. almost 1400 pips move...In the name of ALLAH who is most merciful and the master... We take trading as a business, not a gambling stuff. We have calculated approximate risk to reward ratio. Please note: -> Never go beyond 1.5% risk of your total trading capital on a single trade, -> Always move your stops to your entry levels after the price moves 100 pips towards target, -> Close half of the trade position after market makes half movement towards target.Longby WaqqasAsim4
IBEX Hacia niveles de la Crisis 2008 Caída hacia zona donde históricamente se ha mantenido. Corrección del 0.618 de Fibonacci, dentro de la zona anterior Continúa caída hacia soporte clave de crisis de 2008 Shortby sergiers112
IBEX my year's visionNot optimistic with these news... Maybe a correction is coming after that last candle. Do you agree or you think the opposite? Sort of we need a miracle.. Cheers!Shortby harribatuUpdated 6
CorrectingWe have reached a double cross resistance and are going to correct the February rise.Shortby motleifaulUpdated 3
IBEX short 30 minute chartIBEX35 30 minute chart. We see the red dotted traversing resistance line (once a support level) coming into play here. This level has disciplined the price (since 2012) whenever price has come into contact with it and has controlled price action steady through the last 8 years. We go short as stochastic (not shown) is in overbought territory and we're hitting both the red dotted long-term resistance line and the regular resistance line of 9809.1. I also see what looks to be a bearish butterfly pattern formation. As always, wait for price action (to sell, in this case), and manage your risk. Have a great Friday trading, and enjoy the weekend. Best wishes. All comments welcome.Shortby JayStieren5
IBEX35 - long on support2.01 R/R long on the IBEX35 - 15 minute chart We have a double bottom formed. Of course, if candle closes below, that is invalidated. Stochastic in oversold territory, Ichimoku signal in red (waiting for the signal to rise). T.P. 9561.4 approx S.L. 9297.3 approx (I say approx because of different brokers). Best wishes trading this week! All comments welcome. Longby JayStieren4
ESP35 long(short term)Hi guys, I am looking to long this pair its pretty obvious why, we have a nice 7 wave swing that we are trading to completion towards the box. Look for buy setups and entries. Thanks A Million Times & Trade With Care Longby Luvolwethu9
ESP35 SHORT @9613 Quantitative Analysis 2% Risk x 5% RewardQuantitative Analysis...Shortby UnknownUnicorn61632974
Spanish Markets Fundamentals and Technicals Point HigherWith the supposed China "phase 1" deal being agreed upon...even though when no actual facts are really being presented and now the Americans are claiming it will be signed mid January...the trade has still been risk on. Markets globally liked the news as some uncertainties dissipate and we are set for a Santa Clause rally. I like what I see in the Spanish markets, the Ibex. I believe it generally is lagging behind some of the Asian markets, the American and European markets. Remember folks, it is not about forward guidance. There is nowhere to go for yield anymore except stocks in this environment where central banks keep interest rates artificially suppressed. As a fund manager, you cannot be in cash for a long period of time. Your clients pay you for yield. Bonds yield very low...way below the pension fun targets of 8% and they historically are heavy fixed income...not anymore. Real estate? Property taxes do bring yield down and most funds do not want to become REITs. Some say cryptos but that would only happen once it gets regulated. No fund manager would put clients money in cryptos knowing that exchanges do not have the money to pay you back if Bitcoin goes higher because legally, they do not need to since they are NOT regulated. Stocks are the only place to go, and I think these markets that are lagging will be attracting money chasing yield. The Ibex has been in a downtrend with lower highs and lower lows. We then began to base long term and even created a double bottom pattern. You can see that this range was composed of trends and a head and shoulders pattern we traded in the past. Recently, we created a larger head and shoulders pattern which I find very interesting. With todays daily break, which is strong, the trade is triggered. We are looking at the 10,000 for first tp.Longby Uncharted-FX13
SPANISH INDEX UNDER WATCH. PENGUINS SPECULATE :) ESP35 7/12/2019 Hello Traders! We would like to show you a game... While Penguins are on the hunt, you can easily join them as well! It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs. Targets are marked on the chart as a crosshair. Heart in the box - a place to jump in/out Sign with exclamation mark - places to be aware of a few different types of reactions from this level Target sign - the first target to focus on Thunder sign - spot to react - possible jump to push into reversal Penguin - expected direction Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy. Like it if it was helpful to you. We appreciate the likes and comments. Provided feedback helps us with the future service. Got questions? Feel free to PM us! Thank you for your attention, GOD BLESS U ALL! by Snipers-Academy17
New HighPerhaps there will be a little downward correction as the rate has reached some Fibonacci levels but due to the new highs the uptrend should prevail. Longby motleifaulUpdated 9