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SP35/IBEX35: Trade Strategy SWING TRADERS(SL/TP)(NEW)

Long
TVC:IBEX35   IBEX 35 Index
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SP35/IBEX35: Trade Strategy SWING TRADERS(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because short-term I expect FINAL
PUSH higher to re-test 8300/8340 resistance.


🔸 Summary and potential trade setup
::: IBEX/SP35 2weeks/candle chart review and outlook
::: BEAR flagging currently
::: however, print near 8300/8340 required
::: BUY/HOLD NOW for +1000 points gain
::: 15-20% upside BULLS NOW
::: sellers will come later from overhead
::: 8300/8340 HEAVY RESISTANCE
::: recommended strategy: BUY/HOLD TP 8300
::: swing trade setup / no fast gains here
::: strategy BEARS (later): short 8300/8340
::: TP BEARS is +2500 points (30% decline in rate)
::: SL 5% both sides
::: SWING trade setup for patient traders
::: do not expect fast/overnight gains
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS/REVERSAL

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