Trading Signals | Indices | Swing | Elliott Wave (Apr ’20)
Trading Signals | Indices | Swing | Elliott Wave (Apr ’20)
Market: Indices | EU & US
Symbols: DAX30 | FTSE100 | US30 | SPX500 | NAS100
Signal Category: Swing
Direction: Bearish
Order Type: Market / Limit
(Entry / Stop Loss / Take Profit)
The following trading signals on EU & US Indices have been been posted in the “Trading Signals” section.
Trading Signals | Indices | Summary
“Trading Signals | Indices”, a chilling title, considering what the Markets went through during Q1 of 2020.
It’s been a “terrific” place for Stocks and Indices bulls, the sell-offs were ruthless.
A year ago, I’ve been sharing my Market Crash views and the overall sequence, as per the Elliott Wave counts.
Back then (in March 2019), I was inclining towards a pull-back, then a run towards significant tops.
This article acted as the road-map, and the views were on track, thus increasing the confidence.
Along with the VIX spike preparing, the Members were notified accordingly.
I was bearish, due to the Ending Diagonal and Bearish Divergence combo, in a “three”, at the completion of a larger degree pattern.
I’m sure you’re wondering what the larger picture is.
It’s not the best one. Sure, a “breather” could apply, but the 2009 lows are inevitable…
SPX500 – Monthly Chart (picture)
Yes, I am inclining at these times to think that the sell-offs have stopped, at least for a while.
Therefore, I am under the impression that a bullish correction in would commence rather soon.
SPX500 – Daily Chart (picture)
After the bottoms, the swing on the up-side unfolded in what appears to be a Fractal.
This Fractal has been taken form the Feb-Mar 2018 period, right after the very first sell-offs.
A complete Market Crash view will be published on the YouTube Channel very soon.
A retest would be in play, before the Market would start the larger degree bullish correction, and that’s what this article is all about.
It’s to be considered as a strategic action, the short before the long.
The “almighty” VIX could be about to do another spike.
Trading Signals | Indices | SELL Orders
EU Indices
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