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Showing posts with label SPAIN. Show all posts
Showing posts with label SPAIN. Show all posts

Tuesday, September 11, 2012

Spain's IBEX 35 index@ Predicted perfect bottom & upside.

Money Mystery technically predicted the perfect bottom for SPAIN IBEX35 index and even said that it will remain very strong above 6940 where so far it hits 7850. What Next?
Going ahead it faces tough resistance around 7910/7974/7996 whereas immediate support stands at 7763 & 7561

Wednesday, August 8, 2012

Spain's IBEX 35 index bang on support & bounce

On 17th May in the comment box we expected the Spain Ibex 35 index to take support in the region of 6000/5870 where on 4th June it made low of around 5987.8 & bounced back to 7200 on 3rd July, again on 23rd july it made low of around 5905.30 & bounced back to 7200 on 7th August. On both the occasion it took the much needed support around the mentioned level. 
Earlier 6935 was acting as strong support for it and below that we gave the support level of 6000/5870 and resistance of 6936/6940.
Only Money Mystery did it.

Monday, June 11, 2012

SPAIN up 16% from the expected support level

On 17th May we expected Spain IBEX 35 to take support in the region of 6000/5870 and bounce, On 4th June it made low of around 5987.8 from where it bounced back to 6940 as of now, an upside of around 16% in a matter of just few trading session. 
Current tough Resistance at 6936/6940. Further strong only above 6936/6940, below this it could correct again.
Checkout out our past messages on the same.

Friday, June 1, 2012

SPAIN- IBEX 35

Yesterday Spain's IBEX35 Index hits low of 6012, where 6000/5870 is the area where we expected the index to take support & bounce.


On 17th May in the comment area within the para we said@ Now the next logical support stands around 6380/6250 & 6000/5870

Wednesday, April 18, 2012

SPAIN- IBEX 35

Technical View@ The Spain's IBEX 35 Index which is currently around 7114 likely to find strong support somewhere in the region of 6935 and is likely to bounce in a big way somewhere near to that. Its an personal observation.