Hello to all investors, according to my previous studies and according to my experience as a trader, I see a good investment opportunity with a high probability of success, the details are reflected in the graph
So... the Spanish market has actually OUTPERFORMED all the other european indiced in the past year and actually YTD:
www.investing.com --> "Performance"
that makes no sense... a country/economy which were on the edge of bankrupcy in the last financial crisis.
Why has this economy outperformed all the other eonomies? it makes no sense .
IMO a short position...
The IBEX35 index, the blue-chip benchmark for the Madrid stock exchange, seems to be on the cusp of a large correction to the downside of about -20%<-25%. Technical indicators signal a consolidated drift lower, while the MACD also signal a broader Sell-Off move.
Concerns are for the undercapitalization of many listed companies, in particular, the Spanish banking...
Trade Idea: Selling ESP35
Reasoning: Big resistance
Entry Level: 8294
Take Profit Level: 8053
Stop Loss: 8366
Risk Reward Ratio 3.35:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
Short Term Elliott Wave View in IBEX suggests rally from 3/7/2022 low is in progress as a 5 waves impulse. Up from 3/7 low, wave (1) ended at 8875.30. Wave (2) pullback has ended at 8137.37 with internal subdivision as a double three. Down from wave (1), wave ((a)) ended at 8512.3, rally in wave ((b)) ended at 8703.50, and third leg lower wave ((c)) ended at...
Watch this clip to learn about CHoCH and BOS. After this clip you should be on your way to finding optimal reversals in the market along with potential continuations
Industrial production fell 1.8% in March on month, the sharpest fall since May 2021, data from the country's statistics office INE showed Friday. In February, output increased by 0.9%.
On an annual basis, industrial production rose by a marginal 0.1% in March, the data showed.
The Spanish economy, the eurozone's fourth largest, expanded 0.3% in the first quarter...
Ibex 35 had a quick countertrend-move this morning, perhaps too quick and technical move with algo-traded Business. Be careful, vola can increase further.
Short Term Elliott Wave View in IBEX suggests the decline from November 1, 2021 peak is unfolding as a 5 waves diagonal. Down from November 1, 2021 peak, wave (1) ended at 8082.4 and rally in wave (2) ended at 8912.20. The Index resumes lower in wave (3) which ended at 8048. The 1 hour chart below shows that move in wave (3) which subdivides in another 5 waves in...
CAPITALCOM:SP35
We are just taking a look at the IBEX 35 and not planning on opening up any positions. This trade is a bit too complicated, and there are no clear signals (because there are too many almost) to indicate which way the price wants to go.
A downward trendline from May 2017 connects a peak in February 2020. Technically from this, we can gather that...
There is a major resistance around 8838. Will it break? I don’t think so but it’s worth to follow news tomorrow on ECB rates decision.
Definitely we’re living in the times of great economical uncertainty
I KNOW TRADING IS DIFFCULT but i i love the hard thing .
here we see the Market orders delete the liquidity from one side of the market.
They make it more difficult to buy or sell.
Hello dear trader
Due to the structure of the market, it is not possible to signal immediately.
So we wait for it to proceed according to the setup.
These are just my personal analysis and you enter according to your strategy.
Entry:8670_8697
Stop:8741
Tp1:8528
Tp2:8456
R/R:5.49
The market just reached 50EMA, I am surprised it went that high and we might stay here for a while or drop slightly. I expect another bullish attempt towards 9000 - I will be looking at sell position then
Please trade carefully, I’m not a beginner trader, not yet a pro
