IBEX 35 Index TVC:​IBEX35

Hello all ! been charting this index for a few weeks months... actually is forming a range still in clear downtrend. lvls support and resistances in the chart actually forming a bear divi with rsi :)

"El Ibex 35 cierra la sesión con una leve subida del 0,23% hasta los 9.363,5 puntos tras el jarro de agua fría que el Fondo Monetario Internacional ha vertido sobre los mercados al dejar caer que rebajará su previsión de crecimiento global." La pegunta es cuánto tiempo podrá seguir flotando hasta empezar la caida. Ultima esperanza para seguir subiendo es recibir...

We have reached a support that is lasting since November already. I consider the sharp decline in the past hours an exhausting one.

Más claro, chorizo pamplona. The shooting star is a bearish reversal pattern that looks identical to the inverted hammer but occurs when price has been rising. Its shape indicates that the price opened at its low, rallied, but pulled back to the bottom. This means that buyers attempted to push the price up, but sellers came in and overpowered them. This is a...

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...

turning around inversed head and shoulders breakout retest + 200ma break tp 1 tp 2 tp 3

... with a little correction now that may probably stop at the present MA.

Here we have a very important flow forming after a soft ECB via revised forecasts for growth, inflation and TLTRO's. We have reached heavy resistance at 9,280 and a global slowdown will be enough to seriously damage the downside. From a technical perspective this would also satisfy the ABC from the 2015 highs. On the FX side, please find attached the flow for...

... and the window has been closed, i.e. another rise is possible.

Having reached the long target I am turning the position expecting a correction within the trend.

We are just fluctuating within a stable uptrend.

A new low shall trigger a further fall now.

Set up

A correction of the rise since end December is outstanding. The close of the window of January 11th and the following undecisiveness tells me that it may be on the way now.

... Before finding a convincing bottom. Listed Spain, Fance, Germany, Denmark, Sweden and Finland divided by 6 and by euro index. Not trading advice, just an idea to see new points of view to the situation.

The trend is 1 month old and intact. We have just retraced it.

As seen, we're still in down trend. We have witnessed however two close bottoms oct 22 and dec 10. We are also within a demand zone, so keep an eye for 9100 and 9200. If we fall with the rest of the world, keep eye for slightly over 8200's and next 7700's. Not advice or anything, just an idea. Keep an open mind .

Haven taken the profit on the long position now, I am turning it into short. The decline since December 3rd has been retraced now what gives hope for a continuation of the trend. The window on December 5th is supporting this view additionally.