IBEX 35 (IBEX) Underperforms All equity indices, Down 1%; Crosses 50 Day Moving Average
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
IBEX 35 Index
Below is CFDTrading archive of daily coverage for the IBEX 35 Index.
IBEX 35 (IBEX) Fares the Worst Out of equity indices, Down 1%; But Still in an Uptrend Over Past 90 Days
Given that we see downtrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
IBEX 35 (IBEX) Up 0.29%; in an Uptrend Over Past 90 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
IBEX 35 (IBEX) Underperforms All equity indices, 2 Day Up Streak Broken; But Still in an Uptrend Over Past 14 Days
Given that we see downtrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
IBEX 35 (IBEX) Up 0.14%, in an Uptrend Over Past 14 Days; Doji Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a doji pattern showing up on the charts as well.
IBEX 35 (IBEX) 2 Day Down Streak Broken, in an Uptrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
Of note is that the 20 and 50 hour changed directions on ibex; they are now pointing up.
IBEX 35 (IBEX) Heads Down For the 2nd Consecutive Day; in an Uptrend Over Past 14 Days
This is a reversal of the price action on the previous hour, in which price moved down.
IBEX 35 (IBEX) 3 Day Up Streak Broken; Doji and Pin Bar Patterns Appearing on Chart
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
IBEX 35 (IBEX) Up 0.43%, in an Uptrend Over Past 90 Days; Price Base in Formation Over Past 30 Days
Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
IBEX 35 (IBEX) Up 3.2%; Breaks Above 20 Day Average
This is a reversal of the price action on the previous hour, in which price moved up.