IBEX shows an incomplete sequence from November 2007 high and still favors more downside while below 2.19.2020 high (10093). Near term, the Index ended the rally from 3.16.2020 low in 3 swing as a zigzag Elliott Wave structure. Up from 3.16.2020 low, wave (A) ended at 7209.7, wave (B) ended at 6421.4, and wave (C) ended at 7995.3. The 3 waves move higher from...
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.
IBEX, the spanish exchange index, seems to have activated a second bullish impulse with target price at 7826 +9,8%
After the first wave, correction we are ready to move down. Objective 1 6.000 and second 5825. As you can see we had made a pull-back to the breaking line and now we only can spect the second wawe. Aternative scenario when we go up above 7.192. Good Trading ant Take Care.
So I've decided to somehow repost this big scheisse after the bank doesn't stop sending me emails saying they have experts analyzing the markets and wanting to give an explanation of why the stocks are going up. Really? Who are they trying to convince with this graph? It will be bad, very bad. And in the end we will always pay for it, always the same. Enough! ...
The Spanish index is tracing a counter trend primary wave 4 of a cycle C wave down. After it finished wave 5 should move prices to below 5,400. FOLLOW SKYLINEPRO TO GET UPDATES.
Just waiting to see what happens with that blue line... :) Cheers!
BBVA has slightly broken that support line and means they're in almost historical minimums... In this cases it should go up again but somehow we need a miracle here. This is an updated idea with an enlarged view. Thanks.
Not optimistic with these news... Maybe a correction is coming after that last candle. Do you agree or you think the opposite? Sort of we need a miracle.. Cheers!
operacion de compra en el banco, el resto de bancos han visto un alza en los ultimos meses que bankia no ha podido ver, esta rompiendo el canal bajista y formando una cuña, atentos al volumen de principios de enero y si el precio sube
No comments... :)
Dos triángulos simétricos (de largo y corto plazo) a punto de llegar al APEX. Posible ruptura al alza o a la baja. Vigilar. Two simetric triangles (short and long term) on the verge of reaching the APEX. Possible breakout or breakdown. Watch out.
Trade war tensions made the markets tumble this Wednesday. Ibex 35, which is gaining volume (Cumulative Volume Indicator CVI was used) every week, has abandoned bullish channel started at the beginning of 2019 and continues its downward trend started back in May 2017. From a long term point of view, the end of this week will be critical to establish a correct...
IBEX Elliott Wave sequence from 12.28.2018 low remains bullish , favoring further upside. Near term, the rally from Feb 11, 2019 low (8834.3) is unfolding as a zigzag Elliott Wave structure. The first leg of this zigzag wave A ended at 9361.4 as a 5 waves impulse structure. Wave B pullback ended at 9106.97 as a Flat Elliott Wave structure. Down from 9361.4, wave...