On this technical weblog, we’ll take a look at the previous efficiency of the 1-hour Elliott Wave Charts of IBEX. We introduced to members on the elliottwave-forecast. Wherein, the rally from the 07 April 2025 low is unfolding as an impulse construction. Additionally confirmed the next excessive sequence recommended that index ought to see extra upside extension to finish the impulse sequence. Due to this fact, we suggested members to not promote the index & purchase the dips in 3, 7, or 11 swings on the blue field areas. We’ll clarify the construction & forecast under:
IBEX 1-Hour Elliott Wave Chart From 2.13.2026

Right here’s the 1-hour Elliott wave chart from the two.13.2026 New York replace. Wherein, the short-term cycle from the 11.21.2025 low led to wave (3) as impulse at 18275.20 excessive. Down from there, the IBEX made a pullback in wave (4) to appropriate that cycle. The internals of that pullback unfolded as Elliott wave zigzag construction the place wave A ended at 17650.80 low. Wave B bounce ended at 18267.30 excessive. Then wave C managed to succeed in the blue field space at 17654.11- 17272.18. From there, patrons had been anticipated to look searching for the following leg larger or for a 3 wave bounce minimal.
IBEX Newest 1-Hour Elliott Wave Chart From 2.20.2026

That is the 1-hour Elliott wave Chart from the two.20.2026 NY Noon replace. Wherein the index is displaying a response larger going down, proper after ending the correction inside the blue field space. Allowed members to create a risk-free place shortly after taking the lengthy place on the blue field space. Since then, IBEX has already made a brand new excessive concentrating on 18433.67- 18696.81 space larger minimal earlier than revenue taking & subsequent pullback takes place in 3, 7 or 11 swings.
