Huge triangle forming on IBC (IBEX35)Big nice triangle forming on the weekly chart of the Spanish index IBEX 35. Watching closely to see what way it decides to go...by hidalgjo2
IBEXOportunity for sells: - Daily trendline broken. Want to see a pullback for a test of this trendline. - Creating a new lower low. - Another vision is a break the structure where the price is bouncing at the moment, test it and fall. - Objective for take profit -> 8880Shortby tayt5
IBC Spanish stock market index to 20k!seem bullish about to breakout, under valued below 2000 and 2007 top. target 19200-23700. red line = big bull market invalidation. Longby LegoTonix335
ESP35 Broke weekly trend line!!!Here got a beatiful set up with a lot of possibilities for a super swing ,we got a break and close above the descending TL that lines up with that AT 38% fib and if we zoom in we got a nice bullish candle pattern and all this after the higher timeframes finished the 5th wave indicating a possible trend reverse that seems to be confirmed after a new weekly high was formed last week Longby Forex_Society5
Reaching MAWithin a downtrend we have reached an indicating MA and the top of the previous rise and may follow the path of the trend again now.Shortby motleifaulUpdated 227
IBEX35decision coming this quarter if ibex can close above 9381 we can look for further upside till 10.000-10.200-10600. If we reject this coming week in this level we have support around 8810 but will make more sense take all the liquidity below the swimg lows marked with X. decision para este trimestre en la bolsa española , si el ibex consigue cerrar arriba de 9381 podriamos mirar una rotura con potencial hasta los 10.000 - 10200 y 10600 como swimgtrade y zona de cojer profit. en caso de rejeccionar esta semana en este nivel , tendriamos un soporte en 8800 pero seria mas tentadora el corto como swimgtrade e ir cojiendo toda la liquidity debajo de los swimg lows que he marcado con una X att : m0byyby BuyinfearUpdated 3
Dios mio, nooo es bueno (ESP35)Hello Traders, here is a nice 0.618 entry for ESP35 short. Good luck.Shortby vox-populiUpdated 11
Elliott Wave View: IBEX Ended Impulsive RallyShort term Elliott Wave view on IBEX calls the rally from August 15, 2019 low (8405.39) as a 5 waves impulse Elliott Wave structure. Up from 8405.3, wave ((i)) ended at 8806.4 and wave ((ii)) pullback ended at 8592.70. Index then resumed higher in wave ((iii)) towards 9123.9, wave ((iv)) pullback ended at 8964, and wave ((v)) ended at 9208.90. As the chart below shows, the internal of wave ((i)), ((iii)) and ((v)) also show 5 waves impulsive structure in lesser degree. This illustrates the fractal nature of Elliott Wave Principle. The 5 waves move from 8405.39 ended wave 1 in larger degree. Index should now pullback in wave 2 to correct cycle from August 15, 2019 low before the rally resumes. Pullback should find buyers in the sequence of 3, 7, or 11 swing for further upside as far as pivot at 8405.39 low stays intact.by Elliottwave-Forecast8
Spanish IBEX Head and ShouldersAlready outlined on how central banks will HAVE to keep stocks propped up. This is due to pensions and also the fact that central banks have forced money into stocks as yields were suppressed. A decade ago, you could retire with 1,000,000 and buy government bonds yielding 6-8% making 60,000-80,000 a year...enough to live off of in retirement. Now a days, you would make less than 30,000. In fact, bonds are now being used to trade rather than for yields! Pensions funds are heavy in bonds and fixed income. They are not making the 8% required per year. In Canada, or pension funds have had to go into stocks and real estate. American social security is still 100% in fixed income... Now, in some places, even real estate cannot be purchased for 1,000,000 meaning stocks are the only place to go for yield! There is nowhere else to go. Plus, stocks can be liquidated quickly which is important in this environment. Expect central banks to prop stocks up because they have to in order to keep system propped up. Yes, a geopolitical situation can change this. Watch China for this. But you need to remember, central banks will keep stocks up. Cutting rates means you can only go to stocks for yield. Stimulus will also be reintroduced (very soon imo) but cannot be called QE. When stimulus comes back online there will be a CONFIDENCE CRISIS as people realize we are in 0 rates and fake/managed markets for life. Check my other posts on these topics.Longby Uncharted-FX2
Ibex doing a flat, long looks so nice.As tittle said looks like ibex is doing a flat wave, so there is a nice risk/profit ratio. The channel and 10.000 should be a big resistance (I expect there a big wave short)Longby Sycnox2
FallThe american stock exchanges continue declining today. I expect the IBEX to follow.Shortby motleifaulUpdated 2
Daily Spain IBEX stock market index forecast analysis22-Jul Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength. Investing position: In Falling section of high risk & low profit S&D strength Trend: In the midst of a downward trend of strong downward momentum price flow marked by temporary rises and strong falls. Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend. View forecasts shape of candlestick 10 days in the future: www.pretiming.com Forecast D+1 Candlestick Color : RED Candlestick %D+1 Range forecast: 0.3% (HIGH) ~ -0.5% (LOW), -0.1% (CLOSE) %AVG in case of rising: 0.8% (HIGH) ~ -0.3% (LOW), 0.6% (CLOSE) %AVG in case of falling: 0.4% (HIGH) ~ -0.8% (LOW), -0.5% (CLOSE) by pretiming4
Ibex on way to 8800/8700Ibex is fragile right now, shorts have a nice chance at this area. Objetive 8800/8700 (61% of the wave).Shortby Sycnox0
IBEX35 (IBC) ESPAÑA / SPAIN - DOS TRIANGULOS / TWO TRIANGLESDos triángulos simétricos (de largo y corto plazo) a punto de llegar al APEX. Posible ruptura al alza o a la baja. Vigilar. Two simetric triangles (short and long term) on the verge of reaching the APEX. Possible breakout or breakdown. Watch out.by HectorPerezTapia1