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.

“Market Crash Cycles | Indices | Macro Trends | Elliott Wave Structures“

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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DAX30 – 4H Chart (picture)

Trading Signal | DAX30 | SELL Orders

Aggressive Entry @ Market price (approx. 10700.00) with SL @ 11350.00
Moderate Entry @ 11300.00 with SL @ 11950.00
Conservative Entry @ 11600.00 with SL @ 12400.00
TP @ 10200.00 / 9600.00 / 9500.00 / 8500.00 / 8300.00
Breach Entry Order: SELL Stop @ 10200.00 with SL @ 11000.00

Safety measure: when in the green, moving SL to break-even.

DAX30 – 4H Interactive Chart
(click to open)

UK100 – Daily Chart (picture)

Trading Signal | FTSE100 | SELL Orders

Aggressive Entry @ Market price (approx. 5845.00) with SL @ 6200.00
Moderate Entry @ 6000.00 with SL @ 6350.00
Conservative Entry @ 6300.00 with SL @ 6700.00
TP @ 5510.00 / 5350.00 / 5200.00 / 5000.00 / 4850.00 / 4700.00

Safety measure: when in the green, moving SL to break-even.

US Indices

UK100 – Daily Interactive Chart
(click to open)

US30 – 4H Chart (picture)

Trading Signal | US30 | SELL Orders

Aggressive Entry @ Market price (approx. 23800.00) with SL @ 25550.00
Moderate Entry @ 24500.00 with SL @ 26200.00
Conservative Entry @ 25750.00 with SL @ 27300.00
TP @ 22400.00 / 21600.00 / 20000.00 / 19200.00
Breach Entry Order: SELL Stop @ 22750.00 with SL @ 24550.00

Safety measure: when in the green, moving SL to break-even.

US30 – 4H Interactive Chart
(click to open)

SPX500 – 4H Chart (picture)

Trading Signal | SPX500 | SELL Orders

Aggressive Entry @ Market price (approx. 2790.00) with SL @ 2985.00
Moderate Entry @ 2895.00 with SL @ 3085.00
Conservative Entry @ 3025.00 with SL @ 3200.00
TP @ 2700.00 / 2600.00 / 2450.00 / 2350.00 / 2285.00
Breach Entry Order: SELL Stop @ 2680.00 with SL @ 2875.00

Safety measure: when in the green, moving SL to break-even.

SPX500 – 4H Interactive Chart
(click to open)

NAS100 – 4H Chart (picture)

Trading Signal | NAS100 | SELL Orders

Aggressive Entry @ Market price (approx. 8235.00) with SL @ 8650.00
Moderate Entry @ 8490.00 with SL @ 9000.00
Conservative Entry @ 8875.00 with SL @ 9400.00
TP @ 7950.00 / 7700.00 / 7500.00 / 7250.00 / 6950.00
Breach Entry Order: SELL Stop @ 7920.00 with SL @ 8400.00

Safety measure: when in the green, moving SL to break-even.

NAS100 – 4H Interactive Chart
(click to open)

Ahoy my fellow trader,
Thank you for your interest in this article and the overall information I am proving.
Should you need any support or have any questions regarding the presented Wave Counts, please let me know.
I am most active and available via Telegram and Skype, feel free to shoot me a message.
As always,
Many pips ahead!
Richard

Fair warning and risk notice:
Trading CFDs or Foreign Exchange is risky and you should only invest what you can afford to lose, in a calculated manner.
All material presented by LEWA is not to be treated as investment advice and the analysis represents general market research.
Before you decide to take action, please be aware of the risks involved.
Trading is not for everyone and it should be treated with responsibility.
Besides a good strategy for a decent win over loss ratio, risk management is another key factor.

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