ESP35 trade ideas
IBEX-35 Sending A Very Strong Signal For A New Bull MarketThe IBEX 35 (D) showing strong momentum to the upside. This is a strong signal that the Euro crisis might come to an end now.
Spains IBEX 35 is showing short term an impressive set up for a strong up move.
Medium term a break of the multi-year downtrendline would trigger a buy signal for a new and powerfull new bull market wich could last for years.
Spain´s IBEX 35 Ready To Start A New Longterm Bull MarketAfter yesterdays Election in the Netherlands defeating Nationalism and Populism in the Netherlands Spains IBEX sending today a strong message showing that the IBEX is ready for a new bull market in the next years.
The IBEX joins stockmarkets in Germany, The Netherlands, Italy and France.
It is no issue right now and traders don´t talk about this: But major European Stockmarkets indicating that the crisis in Europe started in 2007 might end now.
ESP35 | Short based on statisticsA friend shared with me one sheet of reliable TA figures. So I'm going to test this one with this trade.
Chance of go up is 33% (If triple top is broken on candle close)
Chance of go down and breakdown is 67% + triple top if isnt confirmed = 90%
After a breakdown we can expect a pullback to the old flat support with a nearly 60% chance (So we would close the short after some fall below this support) and re-open it if pullback happens.
Regards!
IBEX35. Spanish market getting ready to popIBEX35, the spanish stocks index, is ready to pop but first it has to correct to a huge support zone which was a resistance for approximately year and a half.
A potential Cypher pattern is pending to be completed highlighting the end of this correction, I will wait for pattern confrmation before I enter a long position.
If everything is correct, will place a buy order at 9134 level, SL: 9090 and TP at 10300
IBEX35's NEW CYCLEHi Traders!
This is my analysis on IBEX35.
I think we are already going up for a new cycle, actually we are going for the third wave in it!
I studied the possibility of a longer correction but the shape of the chart does not match with any of the most important complex patterns for corrective moves, so I got to this conclusion.
We are looking now on smaller timeframes for buy set ups!
Carlos
IBEX35 PRIMARY ELLIOTT WAVE - WEEKLYIBEX 35. SPANISH INDEX.
NOT REALLY CARING ABOUT THE NEWS RIGHT NOW, JUST LOOKED INTO THIS PERFECT PRIMARY 12345 ELLIOT MOTIVE WAVE FOLLOWED BY A PROPER XWY CORRECTION.
WXY STRUCTURE IS BROKEN BY AN IMPULSE. PROBABLY A NEW PRIMARY MOTIVE WAVE. LET'S WAIT FOR IT TO REACH 2 (COULD BE ALINED WITH PAST SUPPORTS AND WITH THE FIBO 61.8 LEVEL) AND THEN WE CAN TRADE NEXT IMPULSE TOWARDS TO (3) FROM THE NEW MOTIVE PRIMARY WAVE.
CARLOS