Outstanding CorrectionA 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.Shortby motleifaulUpdated 1
Spain 35 Signal D1As you can see in the graph above we are in a bearish pattern with accurate support and resistance, It is important to note that the very long trend is a downward trend, but the short trend is precisely an upward trend! Our recommendation for this index is buying until resistance Buy Spain 35 Entry Price: 9190 Stop loss: 9050 Take profit: 9400Longby xosignals2
IBEX On key levels?Ibex flat for a long period of time, actually it looks quite similar as in 2011 and then in 2012 touching 6,065 points. Is it going there again? Maybe no, but too close of. Why? That's the risk for flat assets. Learn how to beat the market as Professional Trader with an ex-insider! Have a Good Trading Week, Cream Live Trading, Best Regards!by wildcreamlifeUpdated 1
Turning the PositionHaven 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.Shortby motleifaulUpdated 1
IBEX35 possible double bottom, still on downtrend. 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 .by scilentor1
ESP35 continues the downtrend!As the chart shows the downtrend line hold strong but a small dead cat bounce happened on support, breakdown might continue if support is tested again. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. Coinmarkets.net, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.Shortby Coinmarkets2
CorrectingAfter the false break to the downside we are correcting the decline now.Longby motleifaulUpdated 1
Retesting the Support ZoneThe trend that is lasting since begin of Dezember may continue its way now after the regular correction.Shortby motleifaulUpdated 1
esp35 idea long esp35 /statstic analysis ( fundamental long + high volume node area + demand zone) Longby ri_da0
IBEX FLAT correction to a long extensionPossible bottom flat structure Invalidation last low Target fibonacci 1 extensionLongby YannickLegendre111
Resistance ZoneDespite the rise above the falling trendline we are stopping below the important resistance zone. So I consider the break of the trendline as a fals one.Shortby motleifaulUpdated 6
IBEX35 risk play on resistancespossible ascending triangle resistences just above now. waiting for a possible rally this month ... mmm :) tt 9500Longby Buyinfear113
Short Sell Ibex 35 (Spanish Index) Many of the European Indices are entering a bear market (50sma<200sma). Shorting is difficult this early in a trend because counter-trend rallies can be explosive and rip through your stops. The TI indicator that Tone Vays uses is brilliant for finding these inflection points when these counter-trend rallies run out of steam. The Ibex hit a 9 candle inflection and the next candle closed lower. Potentially we'll go sideways early in the week (I don't like shorting on Mondays/Tuesdays) and after the 4 candle correction we head lower. A sell order in this vicinity with a stop above the 9, and above the previous TDST line (orange line) as well as the 50 day moving average (how far above depends on your own risk tolerance) presents a good risk to reward ratio if you're targeting the next lows around 8,650.Shortby CoinCompassUpdated 111
IBEX35 small play here retest blue line formation stoploss above triangle would like to swimg and retest blue line horizontal trendline but will see Shortby Buyinfear1
Elliott Wave: Further Downside Looming For IBEX?Hello Traders, IBEX short-term Elliott wave view suggests that a decline to 8850.20 low ended red wave A of a zigzag structure. The internals of that decline unfolded as 5 waves impulse structure where black wave ((i)) ended at 9471.20 low. Black wave ((ii)) ended in 3 swings at 9542.80 high. Black wave ((iii)) ended in lesser degree 5 waves at 8971.30 low. Then black wave ((iv)) bounce ended at 9120.80 high and black wave ((v)) ended at 8850.20 low. Up from there, the index made a 3 wave bounce to 9141.92 high & ended red wave B in lesser degree zigzag structure. Where black wave ((a)) ended at 9021.10. Black wave ((b)) ended at 8986.80 low. And black wave ((c)) at 9141.92 high. Down from there, the index has made new lows already confirming the next extension lower in red wave C and creating a short-term bearish sequence from 9/21/2018 peak. Where a decline to 8639.70 low ended black wave ((i)) of C. Near-term, while below 8885 but more importantly below 9141.92 high we expect more downside to follow. We don’t like buying it as the right side is to the downside.Shortby Elliottwave-Forecast4
No es Bueno Espana!UGHHHH! See that price action from late 1998 to the beginning of 2000? Not Good, that’s corrective behavior. Another European country in a multi-decade market correction. The chart shows a good possibility for the potential pin ball price action over the next decade. So what is going on here? High Unemployment, Property Bubbles, the Prime Minister is the Tyrannical, Socialist, Fascist Second coming of Franco… Favoring the welfare of an invasion of refugees over the welfare of the citizenry… Have I missed anything?... by Cincinnatuus112