ElliotWaveTrades
Short

EWP: I love going to Spain for holidays but not its equities

AMEX:EWP   ISHARES INC MSCI SPAIN ETF
Spain, a beautiful country with beautiful houses and people but not it's equities.
EWP , a Spain index ETF has been tracing out a long term triangle since 2009.
The triangle has appeared to have reached or very near to its apex.
This is where the country's equities will start falling apart and its consistent with my other analysis of EUFN (Refer to related idea).
Prices have or should start breaking down in dramatic fashion.
A near term retest of its Primary Wave E could be likely.
Key Resistance remains at its Primary Wave E
Critical Resistance remains at its Primary Wave C

( Daily Timeframe )


EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out