$USDMXN: How the Path of the Pair Correlates with World Indices

by elliottwave-forecast.com | November 21, 2023 4:38 pm
$USDMXN has been trading lower since the peak at 04.2020. We have been waiting for the area between $15.98-$12.14 to be reached. The pair is important because of the correlation with the $USDX and the implication across...

IBEX Found Buyers After Elliott Wave Double Three

by elliottwave-forecast.com | May 16, 2023 7:08 pm
Hello fellow traders.  In this technical article we’re going to take a look at the Elliott Wave charts of IBEX Index,  presented in members area of the of our website.  Recently IBEX has given us correction that...

IBEX Elliott Wave : Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | May 17, 2021 3:32 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of  IBEX index  published in members area of the Elliottwave-Forecast . As our members know, IBEX is another index...

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...