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SPXUSD

SPX500 - Indices Trading | Elliott Wave Structures | Q2 2019*Please support this idea with a LIKE if it helps you. Thanks! More details about me in my signature. Bearish Swings - Patterns: Flat Formation in Cycle Wave (IV) (green) Primary A (red) - Simple ABC Swing Primary B (red) - Complex Triple Three Primary C (red) - Bearish Extension Bullish Swings - Patterns: Leading Diagonal in Primary 1 (pink) Intermediate (1) (blue) - Impulse Intermediate (2) (blue) - Complex Flat Intermediate (3) (blue) - Bullish Extension Intermediate (4) (blue) - Sharp Correction Intermediate (5) (blue) - Ending Diagonal Next expected swing: Bearish sequence in Primary (2) (pink) Structure change: Breach of the lower trend-line could lead towards Primary (2) (pink) already unfolding.
FOREXCOM:SPX500Short
by Lionheart-EWA
SPXUSD (SNP500 / SPX) - Diagonal (Wedge) - SEELL ORDERS* If you like this free video and the idea itself, please remember to support me with a like or share, so I can produce more frequent contents such as this one. Thank you! * Related ideas show how I was able to call the BIG drops in 2018. Analysis Summary: Scenario 1: Leading Diagonal in Minor ABC (blue), part of a larger degree Ending Diagonal in the next Bull Market run, before the Market Crash. In this scenario, a deep pull-back should take place until the 50-61.8% Fibonacci Retracements. Fibonacci Extensions from Minors A&B (Minor C projection) are synchronizing with the Wedge Formation towards 2885.00 levels, but also with the joining Bearish Divergence. Scenario 2: SPX ( SPXUSD ) Alternate Count (turquoise) has been labeled in an Impulse which presents an Extension in Minor 3 (turquoise). This scenario puts SPX ( SPXUSD ) in a Minor 4 (turquoise) correction, which should honor the 23.6% or 38.2% Fibonacci Retracements of Minor 3 (turquoise). Decision: Scenario 1 is the preferred outcome and this is because the rising wedge does not belong in Minor 3. * Both scenarios imply a bearish sequence as the next structure. SPXUSD (SPX) - SELL ORDERS Aggressive Entry @ 2885.00 with SL @ 2965.00 Moderate Entry @ 2915.00 with SL @ 2965.00 Conservative Entry @ 2980.00 with SL @ 3050.00 TP @ 2800.00 / 2750.00 / 2600.00 / 2550.00 SPX - 4H Chart snapshot * This idea is to be treated as simple Market commentary and not as an immediate investment advice. Trade with care! Many pips ahead! Richard
FOREXCOM:SPX500Short
by Lionheart-EWA
SPXUSD (SNP500 / SPX) - Deep Bearish Pull-Back - Diagonal Wedge* If you like this free video and the idea itself, please remember to support me with a like or share, so I can produce more frequent contents such as this one. Thank you! * Related ideas show how I was able to call the BIG drops in 2018. Analysis Summary: Scenario 1: Leading Diagonal in Minor ABC (blue), part of a larger degree Ending Diagonal in the next Bull Market run, before the Market Crash. In this scenario, a deep pull-back should take place until the 50-61.8% Fibonacci Retracements. Fibonacci Extensions from Minors A&B (Minor C projection) are synchronizing with the Wedge Formation towards 2885.00 levels, but also with the joining Bearish Divergence. Scenario 2: SPX (SPXUSD) Alternate Count (turquoise) has been labeled in an Impulse which presents an Extension in Minor 3 (turquoise). This scenario puts SPX (SPXUSD) in a Minor 4 (turquoise) correction, which should honor the 23.6% or 38.2% Fibonacci Retracements of Minor 3 (turquoise). Decision: Scenario 1 is the preferred outcome and this is because the rising wedge does not belong in Minor 3. * Both scenarios imply a bearish sequence as the next structure. SPXUSD (SPX) - SELL ORDERS Aggressive Entry @ 2885.00 with SL @ 2965.00 Moderate Entry @ 2915.00 with SL @ 2965.00 Conservative Entry @ 2980.00 with SL @ 3050.00 TP @ 2800.00 / 2750.00 / 2600.00 / 2550.00 SPX - 4H Chart * This idea is to be treated as simple Market commentary and not as an immediate investment advice. Trade with care! Many pips ahead! Richard
FOREXCOM:SPX500Short
by Lionheart-EWA