EU & US Indices | SELL Orders | June 2019

EU & US Indices | SELL Orders | June 2019
Entry / Stop Loss & Take Profit levels.

Markets:

• CAC40
• GER30
• FTSE100
• US30
• SPX500
• NAS100
• VIX

EU & US Indices | Elliott Wave Analysis

Reversal Recap

EU & US Indices dropped hard starting with the second half of April 2019.

Just like now, that was a time when I was deciphering the patterns and looking for the best possible interpretation for a potential reversal.

Indeed the Market started unfolding a Bearish Reversal, which in turn, translated into the uncertainty period which I was questioning.

While the EU & US Indices were showing Ending Diagonals, I published the “SPX (SNP500) | Deep Bearish Pull-Back | Diagonal (Wedge) | SELL ORDERS” article and video.

Then came a period of doubt, which is absolutely normal for any trader by the way, but I managed to “get a grip” and trust that what I was thinking was the right path.

This lead towards some articles which now feel epic, and not because I wanna brag here, but because they were posted in a time when most were still bullish.

• “EU Indices Going SHORT | Impulse Complete | April 2019”
• “US Indices Sell-Off | Bears in Town | April 2019 Diagonals”

Charts Structures

EU & US Indices have been labeled in Bearish Corrective structures, either in an ABC or WXY sequences.

The first leg unfolded since mid-April until mid-May, and since then, Running or Expanding Flats have been developing.

Currently, EU & US Indices are most likely on the verge of completing wave B or X corrections, which in turn would lead towards more down-side.

The expected falls would reflect Bearish Impulses needed in order to finalize the retracement cycles, thus leaving room for the Bull Market to possibly return aggressively.

An then of course there’s the VIX which is dangerously hovering around the Golden Ratio for a potential spike.

VIX (Volatility Index) – 2H Chart (picture)

VIX- 2H Interactive Chart
(click to open)

Bearish Impulses & Orders

EU Indices – SELL Orders

CAC40 – 4H Chart (picture)

CAC40 – SELL Orders

• Moderate Entry @ 5450.00 with SL @ 5550.00

• Conservative Entry @ 5515.00 with SL @ 5615.00

• TP @ 5250.00 / 5150.00 / 4950.00

CAC40 – 4H Interactive Chart
(click to open)

DAX30 – 4H Chart (picture)

DAX30 – SELL Orders

• Moderate Entry @ 12250.00 with SL @ 12500.00

• Conservative Entry @ 12400.00 with SL @ 12650.00

• TP @ 11900.00 / 11250.00 / 11100.00

DAX30 – 4H Interactive Chart
(click to open)

US Indices – SELL Orders

US30 – 4H Chart (picture)

US30 – SELL Orders

• Moderate Entry @ 26350.00 with SL @ 26850.00

• Conservative Entry @ 26550.00 with SL @ 27100.00

• TP @ 25400.00 / 25000.00 / 24500.00 / 24100.00 / 23500.00

US30 – 4H Interactive Chart
(click to open)

SPX500 – 4H Chart (picture)

SPX500 – SELL Orders

• Moderate Entry @ 2915.00 with SL @ 2965.00

• Conservative Entry @ 2950.00 with SL @ 3010.00

• TP @ 2850.00 / 2750.00 / 2650.00

SPX500 – 4H Interactive Chart
(click to open)

NAS100 – 4H Chart (picture)

NAS100 – SELL Orders

• Moderate Entry @ 7640.00 with SL @ 7825.00

• Conservative Entry @ 7735.00 with SL @ 7925.00

• TP @ 7450.00 / 7300.00 / 7150.00 / 6850.00 / 6650.00

NAS100 – 4H Interactive Chart
(click to open)

Safety Measures:

• Moving SL to break-even when in the green.

Many pips ahead!