The board’s been flashing red for days — too many 13s to ignore. Europe led the way: SX5E printed a Sequential 13 on June 5th, DAX stacked three Combo 13s in a month. Now they’ve flipped bearish and cracked TD Reference levels. Sell signals are no longer theory — they’re working. The U.S. is lagging. SPX, NDX, and Dow all printed fresh 13s last week, but haven’t confirmed. Yet. Europe’s already showing what comes next when exhaustion meets price — now it’s a question of when, not if, the U.S. follows.
EURO STOXX 50: Game On This setup’s been simmering since Monday, June 5th, when SX5E printed a Sequential 13. Combo’s still running (now on bar 10 of 13), but yesterday’s bearish price flip cracked the tone — and today we got confirmation: TD Ref Close Down at 5,355 has broken.
That’s the trigger. Momentum’s already rolled — MACD diff is negative, trend’s no longer intact. Next stops are 5,210 and the gap fill at 5,185. This was a grind into exhaustion — now it’s shifting into reverse.
SX5E
DAX: The Break Has Arrived Three DeMark 13s — May 12, May 19, May 27 — and price just kept grinding. Until now. Yesterday’s bearish price flip finally showed some give, and today we got follow-through: TD Ref Close Down at 23,930 is now confirmed. Momentum is gone. MACD diff deeply negative. Next magnet’s down at 22,607. The signals were there. Price just caught up.
Bottom-line. We track the 13s, but we don’t fade just because the signal prints. First comes the Sequential or Combo 13 — that’s the warning. A bearish price flip? Now you can start fading, but it’s not a high-conviction trade until we break the TD Reference Close. That’s your confirmation. No hero calls, no guessing tops. The edge is in letting the market prove it. Until then, trend is trend.
DAX Index
