Indices Forecast – Wave Patterns – Volatility in May 2019
Wave Patterns Forecast – Indices – Volatility in May 2019
Markets: EU & US Indices
- VIX
- CAC40
- DAX30
- US30
- SPX500
- NAS100
Indices worldwide bounced with a bullish impulse after last year’s shock-waves caused by the VIX.
The “Volatility in 2018-2019 & The Financial Earthquake” article displays how trends unfolded during those crucial times.VIX (Volatility Index) – May 2019 Patterns
VIX – 2H Chart (picture)
VIX labeled in a bearish impulse in Intermediate (1) (blue) which is about to complete and pave the way for a spike on the up-side in Intermediate (2) (blue).
VIX – 2H Interactive Chart
EU Indices – May 2019 Patterns
CAC40 – 4H Chart (picture)
CAC40 labeled as a bullish impulse in Intermediate (1) (blue), with a deep bearish retracement starting.
CAC40 – 4H Interactive Chart
DAX30 – 4H Chart (picture)
DAX30 labeled as a Leading Diagonal in Intermediate (1) (blue), with a deep bearish retracement expected in Intermediate (2) (blue).
DAX30 – 4H Interactive Chart
US Indices – May 2019 Patterns
US30 – 4H Chart (picture)
US30 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding.
Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.
US30 – 4H Interactive Chart
SPX500 – 4H Chart (picture)
SPX500 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding.
Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.
SPX500 – 4H Interactive Chart
NAS100 – 4H Chart (picture)
NAS100 labeled in a bullish impulse within Intermediate (1) (blue), with a bearish sequence expected to start unfolding.
Sequence can still unfold one more leg on the up-side, however, a rapid drop would invalidate that scenario.
NAS100 – 4H Interactive Chart
