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  1. Technical Analysis - IBEX 35 Index: Daily Ranging within 100/200 SMA Reversal Area

    by , 06-07-2016 at 08:39 PM
    Daily price is located within 100 SMA/200 SMA ranging area: price is trying to break symmetric triangle pattern to above together with 200 SMA level for the reversal from the ranging bearish to the primary bullish market condition.

    • If the price breaks 1-month high at 9295 so the reversal of the price movement from the ranging bearish to the primary bullish trend will be started.
    • If price will break 8740 support so the primary bearish trend will be continuing with 8515 as the
    ...
  2. IBEX 35 Pivot Points Analysis - bearish to be continuing, or bear market rally to be started

    by , 04-13-2016 at 11:53 PM
    W1 price is on ranging below Central Pivot at 10,202 for the ranging bearish market condition: the price is ranging near S1 Pivot at 8,538 for the bearish trend to be continuing, or bear market rally to be started.

    Instrument
    S1 Pivot
    Yearly PP
    R1 Pivot
    ...