Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, USD/CHF
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
The trend is fighting with a resistance and 50$ will be a trouble, stop loss arround 51,52~ dont risk too much on it.
The uptrend looks corrective, the chances of a big wave short are high. I expect the uptrend to end with a false break of 15000~.
Triple divergence RSI, MACD daily is weak for longs. The channel is a resistance.
Ibex long movement looks corrective so the odds of a continuation of coronavirus downside are high.
After that big upside movement the chances of a correction are high and the profit/loss rate is so nice for us. (10000, little channel and pre-coronavirus top should do their work).
Inditex is doing a pullback to 200 moving average, so the profit/loss rate is so nice. Stop loss arround 27€ so we dont risk so much.
As tittle said looks like ibex is doing a flat wave, so there is a nice risk/profit ratio. The channel and 10.000 should be a big resistance (I expect there a big wave short)
Ibex is fragile right now, shorts have a nice chance at this area.
Objetive 8800/8700 (61% of the wave).