Short

FTSE100 - Market Cycle vs Market Crash

Updated

According to the Wave Count FTSE100 is about to start a final Bullish Swing for Intermediate (3) (green) after which we would expect a deeper pull-back in Intermediate (4) (green) in the price territory of a 4 from a lower degree.
Market Crash would be expected after the final Confidence Run and Trend coming to an end.

Market Crash is expected to take place during the summer start of 2018 but the first signs would be looked for at the end of the year.

Patience is a virtue!

Note

Bull Swing could start here, on the watch-list.

Note

Bullish move occurred, important levels ahead which could make FTSE100 drop like a rock. More details only for members.

Note

To be noted was was said on Jan 18th:

"Comment: Bullish move occurred, important levels ahead which could make FTSE100 drop like a rock. More details only for members."

Follow me and trade like a Champion!

Note

Possible Bearish Swing @ 7490.00
Don't say you weren't warned.

Trade active

SELL Active with tight SL and targeting 6800.00

Trade closed: stop reached

Trade active

Note

FTSE100 (UKX) - Orders:

Current Position: Shorted @ 7850.00
Status: Green with tight SL

Outlook: Bearish until 7100.00 and adding to the short @ 7670.00

BUY Position @ 7170.00 with SL @ 6950.00 @ TP @ 8200.00

Market Crash Trade:
SHORT @ 8120.00 with SL @ 8570.00 and TP @ 2500.00

Note

Y'all ready for the second round?

Trade closed: target reached

Reminding everyone here how I called the BIG drop on Indices in October and December 2018. Evidence above :)

Note

This is how the FTSE100 (UKX) Elliott Wave Cycle looks like.

Lionheart-EWA

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