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Lionheart-EWA
7. Mrz. 2018 18:45

US Indices – Bearish Intermediate (C) – Aggressive SELL - Part 3 Short

US 100 IndexTVC

Beschreibung

During the Bull Market in Intermediate 3, Nasdaq was my favorite because of its Wave Count, hence the reason for the successful view on the
article.

US Indices synchronized their individual Bearish legs once they reached the tops back on the 2nd of Jan.
Same day, right before the sell-off began, I posted the
article in which I mentioned that volatility could return, explaining how complacency can turn into fear.

Primary Correction officially started then, with US Indices falling off the edge of the cliff and ending the first sell-off on the 9th of Feb.

This was mentioned and signaled multiple times during the Advanced Video Course (see Macro sections and Charting).

Since the sell-off, US Indices performed rather well, unfolding a Bullish Correction which ended on the 27th of Feb.

2nd of March low and 6th of March high are viewed as Bearish Minor degree 1 & 2 (red), therefore, I am starting to believe that the Major Sell-off could have started for Intermediate (C) (red).

Below you may find some Aggressive views and possible scenarios in which the risk is higher than usual but the potential reward could be worth it.

The S&P500 possible drop was mentioned in the
post.

Warning, these set-ups involve high risk and aggressive approach, do not trade if you are not an aggressive trader!

Nasdaq100 - Short Position:
Entry @ 6890.00 (or Market)
SL @ 7060.00
Targets: 6500.00 / 6100.00 / 5600.00

Trade geschlossen: Stop wurde erreicht

Stopped out.

Corrective Structure still implies another leg down.

Will be watching further.

Not the best call, aggressive, moving on.

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7250 is my Level.

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