Lionheart-EWA

IBEX35 - Madrid Stock Exchange Crash - Long-Term SELL

Short
Lionheart-EWA Updated   
TVC:IBEX35   IBEX 35 Index
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.

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* We see a Market Crash correlation with all Indices, globally.
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IBEX35 - Market Crash SELL Position:

Entries:
- Moderate: 11500.00
- Conservative: 12500.00

SL: 13500.00

Targets - 9000.00 / 7000.00 / 5000.00 / 2525.00
Comment:
Bull Flag visible, could start its last Bullish Swing and then ... no abla spaniol
Comment:
close-up:
Comment:
Bullish Sequence commencing, final more up before a BIG drop along with all Indices!
Comment:
Comment:

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