Stock markets reverse downtrend and may have entered a “corrective” cycle Upcoming economic events Tuesday: US consumer confidence Wednesday: Bank of Canada interest rate decision Thursday: ECB interest rate decision Friday: US personal income and consumption Commentary: IBEX 35 Index: Strong very short-term upward momentum from the October 13th low,...
It's not very common to see a Spanish dividend stock performing like this these days but the Australian fund IFM is trying to increase its stake in Naturgy and nobody is willing to sell the stock cheap. From the technical analysis perspective, there are no resistance level until last highs of 2007 (38.83). Although we are in overbought territory, we don't...
Here 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...
SPAIN 35 Buy Richo 1:3 risk 5% Please when you follow my analysis You must enter all trades and never miss any analysis
Fundamental analysis indicates a rewarding buy and the past year wouldn't have disappointed, exceeding the market average with steady growth. However, as the market approached the GameStope Squeeze, amid the buying frenzy of the beginning of the year, SOLARIA hit the ceiling, tried to revive the trend again back in the day of the squeeze, and then gave up to a...
If stock market crash this year, very possible 6k or 5k for IBEX!!!
Long IBEX35 @ 6,939, T: @ 7,077, SL your choice
My first video here. Quite bad all. Sorry for the quality... bless you!
If you want to short the European tock market maybe the Spain Ibex could be the best solution as it is testing the downside breakout resistance and has retetsted the broken uptrend channel
On the 60 minute chart, price is obeying the blue dotted transagonal support & resistance contracted channel. As price hits the (daily) orange (transagonal resistance), we should see a correction leading to a move to the downside to the lower (daily) orange transagonal (support) line at approx to 7015.1 to 6930.7. *Black lines = daily S/R
Just waiting to see what happens with that blue line... :) Cheers!
IBEX35 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...
2.01 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.
Más claro, chorizo pamplona. The shooting star is a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising. Its shape indicates that the price opened at its low, rallied, but pulled back to the bottom. This means that buyers attempted to push the price up, but sellers came in and overpowered them. This is a...