IBEX 35 Index BME:​IBC

Hi. This is what im looking for a play. M0byy

Long IBEX 35 @ 9,373; TP @ 9,780, SL your choice

Ibex35 has been able to sustain its position around the support area and should be really for an upside Rally in the coming days/weeks all the way to the top from where it all started. Yes, It will take at least a month for this trade to complete so be patient with it.

For IBEX 35 we foresee a new low to the Long-Term Ascending trend-line which could be tested again before to start to climb again.

Reward/Risk Ratio

Let's wait for reversal signals in SWEET ZONE

Spain Index sitting at resistance level and trying to breakout by forming a bullish candle. We will see in time if its a fake bullish engulf candle or a real body breakout . A clear breakout will determine whether it is set up close the gaps formed above or will it fall back .

IBEX35 Short

BME:IBC FX:ESP35 TVC:IBEX35 After the worries of Wall Street subside, the technical analysis tells us that we have entered an area far from the minimum of the year and waiting to rise slowly as it goes overcoming resistances. 1) Above the downtrend line (yellow), still remains 4 interesting resistances: 50 EMA, 100 EMA, 38.2% fibonacci (9826) and the week's ...

Big test for the Spanish index in the next weeks. 9990 Area holds a strong resistance together with fibonacci level. If it breaks it's a big bull!

Making longs.

One of my all time favorite Indexes to trade in. Ibex has been very under pressure due to Spain's economy not performing as rest of the major European countries. However it still closed around 14% YTD last year. Ibex has been range bound for the last couple of months and has been on a constant descending pattern. It has not showing strong recovery over the last ...

The Spanish economy is the fifth-largest in Europe behind Germany, United Kingdom, Italy and France; and the fourth-largest in the Eurozone, based on nominal GDP statistics. In 2012, Spain was the twelfth-largest exporter in the world and the sixteenth-largest importer. Following the financial crisis of 2007–08, the Spanish economy's plunged into recession, ...

Buy opportunity

the candle in formation today is the or one of the strongest in tech analysis target 7750

Open long positions in order to catch major wave III

IBEX 35 is in a downtrend, if the downward trendline holds i'm looking for a wave down.

Target daily EMA 200 running