IBEX35 has formed a Running Contracting Triangle after the decline caused by 2007-2008 Recession.
Current Wave Count is implying that IBEX35 would push higher so that the Triangle Pattern would complete and after that resuming the down-trend caused by the up-coming Market Crash.
* More details in private only for Members.
* We see a Market Crash correlation with all Indices, globally.
* More detailed views available for our Members.
IBEX35 - Market Crash SELL Position:
Entries:
- Moderate: 11500.00
- Conservative: 12500.00
SL: 13500.00
Targets - 9000.00 / 7000.00 / 5000.00 / 2525.00
Current Wave Count is implying that IBEX35 would push higher so that the Triangle Pattern would complete and after that resuming the down-trend caused by the up-coming Market Crash.
* More details in private only for Members.
* We see a Market Crash correlation with all Indices, globally.
* More detailed views available for our Members.
IBEX35 - Market Crash SELL Position:
Entries:
- Moderate: 11500.00
- Conservative: 12500.00
SL: 13500.00
Targets - 9000.00 / 7000.00 / 5000.00 / 2525.00