IBEX 35 Shows Why World Indices Might Not Be Ready to Rally

by elliottwave-forecast.com | May 6, 2020 4:09 pm
IBEX 35 is the benchmark Stock Market Index of the Bolsa de Madrid, Spain’s principal stock exchange. Initiated in 1992, the index is administered and calculated by Sociedad de Bolsas, a subsidiary of Bolsas y Mercado Espanoles (BME)....

IBEX-35 from Spain Showing Incomplete Bearish Sequence

by elliottwave-forecast.com | May 1, 2020 4:25 pm
Spain is one of the hardest hit European countries by Covid-19 pandemic. Unsurprisingly, Spain main index IBEX-35 plunged just like the rest of the world’s indices. The biggest impact happened during the first few days of March....

IBEX Elliott Wave: Right Side Favored More Downside

by elliottwave-forecast.com | March 18, 2020 3:37 pm
In this technical blog, we are going to take a look at the past performance of IBEX 1-Hour Elliott wave Charts. That we presented to our members. In which, the decline from the 2/19/2020 peak took place...

Elliott Wave View: IBEX Shows Bullish Structure

by elliottwave-forecast.com | March 19, 2019 5:53 pm
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...

$IBEX Short Term Bullish Sequence Calling The Rally

by elliottwave-forecast.com | January 29, 2019 6:40 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of IBEX, published in members area of the website.  As our members know, IBEX has made recently incomplete...

European Political Turmoil Headwind to Stock Market

by elliottwave-forecast.com | June 1, 2018 2:54 pm
Most World Indices spend time trading sideways in 2018. There are some exceptions such as FTSE from the U.K. and Russel from the U.S. which have been able to make a new high. Several factors however could...

Elliott wave Theory and Market Timing

by elliottwave-forecast.com | May 25, 2018 9:49 am
In this blog, we will talk about the concept of Market Timing. Market is a wild animal which always, is in full control. Many traders want to trade every day and always getting in and out of...

Nifty-NSE: Next Warning area for bulls

by elliottwave-forecast.com | June 12, 2017 1:13 pm
In June 2015, we mentioned that Nifty-NSE from India was in a warning area for the bulls and a larger correction was expected to take place. Over the next 12 months, Nifty lost 25% dropping from a...