IBEX 35 (IBEX) Heads Up For the 4th Consecutive Day, in an Uptrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
It’s been a feast for bulls operating on an hourly timeframe, as ibex has now gone up 8 of the past 10 hours.
IBEX 35 Index
Below is CFDTrading archive of daily coverage for the IBEX 35 Index.
IBEX 35 (IBEX) Up 2.03%
Out of the 14 instruments in the equity indices asset class, ibex 35 ended up ranking 2nd for the day in terms of price change relative to yesterday.
IBEX 35 (IBEX) Up 0.04%; in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
IBEX 35 (IBEX) Up 0.6%, in an Uptrend Over Past 14 Days; Price Base in Formation Over Past 90 Days
Relative to other instruments in the equity indices asset class, ibex 35 ranked 2nd since yesterday in terms of percentage price change.
IBEX 35 (IBEX) Up 0.6%, in an Uptrend Over Past 30 Days; Price Base in Formation Over Past 90 Days
Price action traders may also wish to note that we see a pin bar candlestick pattern on ibex.
IBEX 35 (IBEX) Down 0.64%, in an Uptrend Over Past 14 Days; Price Base in Formation Over Past 90 Days
Relative to other instruments in the equity indices asset class, ibex 35 ranked 8th since the day prior in terms of percentage price change.
IBEX 35 (IBEX) Tops All equity indices, Up 0.59%; in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
IBEX 35 (IBEX) Down 0.65%; in an Uptrend Over Past 14 Days
It’s been a feast for bulls operating on an hourly timeframe, as ibex has now gone up 5 of the past 5 hours.
IBEX 35 (IBEX) 3 Day Up Streak Snapped, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Out of the 14 instruments in the equity indices asset class, ibex 35 ended up ranking 8th for the day in terms of price change relative to the previous day.
IBEX 35 (IBEX) Up 1.07%; in an Uptrend Over Past 14 Days
Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.