SkylinePro

IBEX35 - final leg before trend to new lows

BME:IBC   IBEX 35 Index
IBEX35 is tracing the final stages of intermediate wave 2. The most probable target range is between 7,800 and 8,450. After this intermediate wave 3 should bring down the index to new lows. If the index crosses down 6,850 the odds will indicate wave 3 has already began. FOLLOW SKYLINEPRO TO GET UPDATES.
Trade closed: target reached: IBC reached the range forecasted and turned down. New lows ahead. See updated post.

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