US Indices synchronized their individual legs once they reached the tops back on the 2nd of Jan.
Same day, right before the sell-off began, I posted the CBOE ( VIX ) - Index - Pointing towards a Market Crash article in which I mentioned that 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 Correction which ended on the 27th of Feb.
2nd of March low and 6th of March high are viewed as 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 SNP500: 2018-2019 Buy & Sell Orders - Correction & Market Crash post.
Warning, these set-ups involve high risk and aggressive approach, do not trade if you are not an aggressive trader!
SNP500 - Short Position:
Entry @ 2710.00 (or Market)
SL @ 2740.00
Targets: 2600.00 / 2500.00 / 2400.00
Corrective Structure still implies another leg down.
Will be watching further.
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