IBEX35 - Madrid Stock Exchange Crash - Daily

IBEX35 has formed a Running Contracting Triangle after the decline caused by 2007-2008 Recession.

Current Wave Count is implying that IBEX35 would push higher so that the Triangle Pattern would complete and after that resuming the down-trend caused by the up-coming Market Crash.

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IBEX35 - Market Crash SELL Position:

Entries:
- Moderate: 11500.00
- Conservative: 12500.00

SL: 13500.00

Targets - 9000.00 / 7000.00 / 5000.00 / 2525.00
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