I am starting a new thread for 2011 Q1 (Jan - Mar), including EUR, SP, Gold, and JPY. My wave counts of last month can be found from:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=209418
Elliott Wave reference can be found from...
12/03/2010
I am too lazy to create another thread for December, so I'll continue on updating the November thread. Maybe I can create one thread for each quarter, e.g., 2011-Q1, 2011-Q2, ... etc. Let's finish up the December first.
11/12/2010 (Gold Update)
Has the wave-_e ended? Maybe and maybe not. If the wave-_e has completed on Thursday (11/11/2010), gold is into a long term bear market. However, it's more likely that gold has just completed the wave-_d (in abc mode). If so, wave-_e will bring gold a surge back...
11/09/2010 (Gold Update)
The high of 11/09/2010 formed the wave-_c of wave-e. Gold has been moving up in zig-zag format from 10/22's low with each fractal in abc pattern. It is possible that the bull will end after wave-C.e._e complete at around $1,440.
11/04/2010 (Gold Update)
The low of 11/03/2010 was actually a wave-_e of the symmetrical triangle wave-d. The breaking out of a triangle should be explosive, and today gold market was like that. Now I assume that gold is in the progress of wave-e and is moving toward $1,440 final...
11/03/2010 (Gold Update)
Gold was at crossroad the past two days hesitating where to go next (see the daily chart for the preferred and alternative counts). It turned to south today, so the alternative count became the preferred one.
I am starting a new thread for November 2010. My wave counts last month can be found from:
http://www.elitetrader.com/vb/showthread.php?s=&threadid=207352
For the past long term view, please see:
EUR:
http://www.trade2win.com/boards/forex-news-analysis/99186-euro-wave-count.html
Gold...
Today gold's price behavior shows a strong bullish momentum. Bearish count is not to be considered at this moment. I'll start a new thread for November. Stay tuned!
10/28/2010 (Gold Update)
The beauty of wave is that it provides us possible alternatives so that we know how to deal with. There won't be any surprise if all counts are considered. Would the current fractal a wave-_c or a wave-_3?