SPAIN 35 ⌁ Pullback Within Established Uptrend📊 SPAIN 35 INDEX (IBEX 35) - Bullish Breakout Setup 🚀 | Day/Swing Trade Opportunity
🎯 MARKET OVERVIEW
Asset: SPAIN35 (IBEX 35 Index CFD)
Trade Type: Day/Swing Trade
Bias: 📈 BULLISH - Confirmed with HULL Moving Average Pullback Strategy
Market Structure: Higher lows forming + Momentum building 💪
💎 THE "THIEF OG" STRATEGY - LAYERED ENTRY METHOD
🔐 Entry Zones (Limit Order Layers):
This is the Thief's Signature Stealth Entry - Scale in like a pro!
Layer 1: 17,600 🎯
Layer 2: 17,700 🎯
Layer 3: 17,800 🎯
OR - Market Entry at Current Price ⚡ (For aggressive traders who don't wait!)
"While others hesitate, the Thief accumulates. While others panic, the Thief profits." 💰
🎁 PROFIT TARGET
🏆 Take Profit Zone: 18,200
⚠️ Critical Resistance Alert! ⚠️
Strong institutional resistance level 🏦
Overbought conditions likely 📊
Correlation with European indices showing exhaustion signals 🇪🇺
Police Force Zone - Where market makers trap late buyers! 🚨
Exit Strategy: Scale out profits as you approach 18,200. Don't be greedy - Secure the bag! 💼✨
🛡️ STOP LOSS
❌ Stop Loss: 17,450
Risk Management is King! 👑
This trade offers a 750-point risk for 400-600 point reward - Solid R:R ratio! 📐
⚠️ Thief OG Disclaimer: This is MY stop loss based on technical structure. YOU control YOUR money! Adjust based on your risk tolerance and account size. Trade smart, not hard! 🧠
🔗 CORRELATED PAIRS TO WATCH
European Indices (Direct Correlation):
🇩🇪 GER40 (DAX) - German powerhouse leading EU sentiment
🇫🇷 FRA40 (CAC 40) - French index correlation strong
🇮🇹 ITA40 (FTSE MIB) - Italian market mirror movements
🇪🇺 EU50 (Euro Stoxx 50) - Overall European equity health
Dollar-Denominated Watch List:
💵 DXY (US Dollar Index) - Inverse correlation with EU indices
📈 SPX500 (S&P 500) - Global risk appetite indicator
🏦 EURUSD - Euro strength = Spanish index strength correlation
⚡ VIX (Volatility Index) - Fear gauge (Low VIX = Bullish indices)
📌 Pro Tip: If DAX & CAC break higher, SPAIN35 follows. If DXY weakens, European equities strengthen! 🌍
📰 FUNDAMENTAL & ECONOMIC FACTORS
🔥 Current Market Drivers:
1️⃣ European Central Bank (ECB) Policy 🏦
Recent rate decisions affecting European equity sentiment
Watch for ECB commentary on inflation & growth outlook
Dovish tones = Bullish for indices 📈
2️⃣ Spanish Economic Data 🇪🇸
GDP growth figures
Unemployment rates (Spain's key metric)
Manufacturing PMI & Services PMI data
Consumer confidence indices
3️⃣ Corporate Earnings Season 💼
Major IBEX 35 constituents reporting (Banks, Energy, Telecom sectors)
Watch: Banco Santander, BBVA, Iberdrola, Inditex earnings
4️⃣ Geopolitical Landscape 🌍
EU-wide policy decisions
Energy crisis developments
Trade relations & tariff news
5️⃣ Global Risk Sentiment 🌐
US Federal Reserve policy impact
China economic recovery signals
Commodity prices (Oil, Natural Gas) affecting Spanish energy sector
📅 Upcoming Events to Monitor:
ECB Interest Rate Decisions 🏦
Spanish Inflation (CPI) Reports 📊
EU Economic Forecasts 📈
FOMC Meetings (US Fed impacts global markets) 🇺🇸
🎨 TECHNICAL ANALYSIS SNAPSHOT
✅ HULL Moving Average: Bullish pullback confirmed - Price respecting dynamic support
✅ Market Structure: Series of higher lows intact
✅ Volume Profile: Accumulation detected at entry zones
✅ Momentum Indicators: Building bullish divergence
✅ Key Support: 17,450 - 17,600 demand zone holding strong
💬 THIEF TRADER WISDOM & MOTIVATION
"The market doesn't reward the loud - it rewards the calculated." 🎯
"Patience in entries, discipline in exits. That's how Thief OGs operate." 👑
"While the crowd chases pumps, we accumulate dips. That's the difference." 💎🙌
"Risk management isn't boring - it's the reason you'll still be trading next year." 🛡️
"Your stop loss is your best friend. Your greed is your worst enemy." ⚔️
⚠️ RISK DISCLAIMER
📢 ATTENTION THIEF OG COMMUNITY!
This is NOT financial advice - it's a trading idea based on technical analysis & market structure! 🔍
✋ Do your own research (DYOR)
💰 Risk only what you can afford to lose
📊 Markets can be irrational longer than you can stay solvent
🎯 Take profits when YOU feel comfortable - not when others tell you
🛑 Adjust stop loss based on YOUR risk tolerance
Remember: Every trader's account size, risk tolerance, and strategy is different. What works for me might not work for you! 🧩
🔔 ENGAGEMENT CALL-TO-ACTION
👍 SMASH that LIKE if you found this useful!
💬 COMMENT your thoughts - Are you taking this trade?
👁️ FOLLOW for more Thief OG setups & market insights!
🔔 Turn on notifications so you don't miss the next opportunity!
📲 Share this idea with fellow traders who need this setup!
🏆 THE THIEF OG WAY
We don't chase - we plan.
We don't hope - we execute.
We don't gamble - we calculate.
Stay sharp, stay disciplined, stay profitable! 💪✨
🎯 Trade Safe. Trade Smart. Trade Like a Thief OG. 🥷💰
Ibex35largos
The Ibex 35 takes a pause within an upward trendThe IBEX 35 remains flat, with mixed performance among the selective stocks. The most bearish companies are those negatively affected by interest rate cuts, such as banks, while construction, real estate, and utilities, which benefit from lower rates, rose today after:
Several ECB members advocate for another interest rate cut next week after having reduced them twice this year, and financial markets almost certainly expect a cut to the deposit rate to 3.5% on October 17.
The French central bank chief, François Villeroy: the cut is likely, and it will not be the last one, depending on how inflation evolves.
Economic weakness: The economy has been stagnating, the labor market is weakening, wage growth is slowing down, and inflation has fallen faster than the ECB had predicted.
Market expectations: Investors expect the ECB’s deposit rate to fall to 3% by the end of 2023 and to 2% by the end of 2025, which is considered the neutral rate, a level that neither stimulates nor slows economic growth.
Additionally, investors remain cautious due to global uncertainty and decisions from the Fed.
Investors are waiting for the minutes from the Federal Reserve (Fed) meeting to get hints about interest rate easing in the U.S. The market estimates a 98% probability of a 25 basis point cut at the next meeting.
U.S. inflation data (Thursday) and the producer price index (Friday) will be crucial.
Uncertainty in the U.S.: Recent employment data and wage inflation have raised doubts about Federal Reserve rate cuts, strengthening the dollar and increasing bond yields.
China and the Middle East: Market correction in China and geopolitical tensions in the Middle East are affecting oil price stability and adding more pressure to international markets.
However, the IBEX 35 has an upward target activated by breaking out of a lateral range up to 12,413 points, a scenario which, in my opinion, is the most likely to materialize in the medium term.
Sergio Ávila
Analista senior de IG
ridethepig | IBEX📌 Another example of the erroneous breakdown, a very similar position to DAX, CAC, FTSEMIB and STOXX. We can see how clearly the virus is leading the equity board, as Spain were the first to enter back into the second wave the prevention of a freeing breakup is being made possible via the important loss of diagonal support.
"Sell weakness, and even more when the lows are untested in an environment which can be described as very similar to the original protection. The fact that we are technically well placed when it comes to sub 7,000 we should express dramatically more weakness in Spain and play another test of its lows".
As usual thanks for keeping the feedback coming 👍 or 👎
IBEX35 between 7200 and 8300 for monthsDue to the COVID crisis, the triangulation that has emerged since 2013 has broken down. Here I show my idea from 2 years ago whose channel has been respected until today. SEE ANOTHER FORMAT FOR THE IDEA
(UNTIL NOW) Right now a new scenario is being drawn that will be supported by the almost seen lows of COVID, the 6200 (fibo 1.0) . After banning the CNMV from short positions in stocks, the index has rebounded strongly, and has left the lows far. This together with the rebound on Wall Street of the American indices has made the IBEX rebound with great force. We have reached the first resistance, the 7100. This resistance may take a couple of weeks to overcome. Once this happens, this resistance will become support. So in the short term it is better to wait a couple of weeks to buy , and in the long term it has never been a better time.
Short term (this next week is BEARISH the index and could reach 6300)
(COMING SOON) This support, the 7100 (fibo 1.61) is going to be 1 year support at least and will touch it repeatedly. In summer, very possibly when presenting results in 2020, it will be played again. The maximum, the 8300 (fibo 2.61), before summer will be touched and it will be time to undo positions.
The possible correction of the American indices will not exceed the lows already seen, I hope that the SP500 will come as close to 2,500 as possible and will not let it touch the 2400 support. A lot of new money is coming in that had not been in the stock market before and this it affects that the short positions are more reluctant to enter and more when time runs against them and Spain is less than two weeks away from ending the confinement. They have already made quite an impact having dropped the index by 45% as seen in the graph from highs.
As a future forecast, the levels prior to COVID19 will not be recovered, at most they will be 33% of the maximum this year and 15% the year you come, and in many companies not 50%, especially the Spanish banks that They will not see those levels again, I think, until at least 2022. SANTANDER will reach 3 euros per share (4 maximum) and BBVA (4 Euros per share (5.5 maximum)
FULL ANALYSIS on soon
www.diariodeuningeniero.com
IBEX 35 - THE START?Hey Guys,
Look for any buy set ups since we are looking for upside in the IBEX 35. Check my past analysis to understand the general structure. I predicted the last uptrend impulse.
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Hey Chicos,
Busquen cualquier oportunidad de compra ya que buscamos recorrido alcista en IBEX 35. Chequead mis anteriores análisis para entender la estructura general. Predije el anterior impulso alcista.
Carlos






