sugardaddyFED

IBEX either fail or about to break 9400

FX:ESP35   IBEX 35 index of Spanish listed shares
- 1 hour potential Head and Shoulder formation targets 8800
- A bounce from current level may put in a strong rebound to test upper bullish channel
- If H&S plays out - the target is decent and viable since 8800 level has minor support April             15

See weekly and daily chart too for directional play

snapshot
Comment: This trade has taken place with a head and shoulder formation playing out - daily chart is in full bearish mode and rallies remain a short opportunity
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