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  1. M

    Ewj: elliott wave

    EUR/USD went UP as high as 1.31730. May be going UP to 1.335.
  2. M

    Ewj: elliott wave

    Gold, Silver and Crude Oil may be going DOWN as "Big M" and "sHs" patterns indicated. Note Candlestick SELL Signals. $XEU passed resistance trendline to 1.313. Next resistance = 1.317, if passed, would go on to 1.33 target. $USD sHs target 78.7. "Big M" in $XEU and r-sHs in $USD may cause...
  3. M

    Ewj: elliott wave

    SPX moved UP as r-sHs indicated. But NASDAQ failed. Wave 2)a-b-c-x-a-b-c at measured move. Next may be big measured move DOWN as Wave 3). Note: More tops when Equity Put/Call R20 = 0.94. There may be Wave .5 in TRAN.
  4. M

    Ewj: elliott wave

    $XEU went up to 131.1 then fell back to 128.8. May rebound to measured move at 133. RSI and MACD SELL Signal, as well as Head and Shoulders pattern may send $XEU DOWN to 128 or 127. $USD fell because of MA(200) and sHs to 79.5 then rebounded to meet MA(200) resistance again. RSI and MACD BUY...
  5. M

    Ewj: elliott wave

    INDU reached MA(50) resistance. SPX still at MA(50) resistance. NASDAQ fell from MA(50) resistance. Reverse Head and Shoulder patterns in SPX and NASDAQ. Which will prevail, MA(50)s or r-sHss? RSIs and MACDs are still bullish. UTIL and TRAN at resistance trend lines. Note: Many tops when...
  6. M

    Ewj: elliott wave

    Wave 2 ended at 1.288 as expected. Wave 3 should go UP to 1.335. If EUR/USD went below 1.288, we might have to re-count again. Note: Wave 5 is treacherous, sometimes it extends, sometimes it fails, sometimes it doesn't appeared at all.
  7. M

    Ewj: elliott wave

    EUR/USD reached 1.288 but the count in incomplete. There is one more sub-wave. EUR/USD Wave III2]c)2.c may end nearer to 1.284.
  8. M

    Ewj: elliott wave

    When we guessed that Wave 3 will be equal to or longer than Wave 1. Mr. Market will make Wave 3 shorter than Wave 1. So Wave .b:c is shorter than Wave .b:a = I am wrong. But there is second Wave III2]c)2.c as expected. This can end here at .382*second Wave III2]c)2.a or at 1.289 near...
  9. M

    Ewj: elliott wave

    Wave .b:ciii may end at measured move = 1.2975 or higher at 1.618*measured move = 1.2981.
  10. M

    Ewj: elliott wave

    Wave .a ended as expected albeit .001 higher than target because Wave .a:5v is a bit shorter than measured move. Wave .b:a is a 5-wave, Wave .b:b is a triangle, Wave .b:c may end near 1.299.
  11. M

    Ewj: elliott wave

    Sharehunter, With 10-minutes chart you may get the answer within 1 or 2 hours. Wave 2 looks like a Double Zigzag. Second Wave .a should end at 1.296 near Head and Shoulders pattern measured move. Within 30 minutes, I found that second Wave .a is longer than I've thought. My next...
  12. M

    Ewj: elliott wave

    Sharehunter, Wave III2]c)1 looks impulsive. Wave III2]c)2 should start above 1.288. If not, this count is probably wrong. You should get the answer whether this count is right or wrong within 1 or 2 days.
  13. M

    Ewj: elliott wave

    EUR/USD went as high as 1.314, near previous top, then fell back as expected. If this count is right, EUR/USD should rebound from 1.288 to 1.335. When EUR/USD goes below 1.265, this count is wrong.
  14. M

    Ewj: elliott wave

    Sharehunter, You should start with the longest possible chart. This may be Cycle Wave I, II and III of EUR/USD. Note: FX charts is not good for Elliott Wave count. It may take you or other 3 - 5 years before you can be proved wrong. When EUR/USD goes above 1.494, the label 'II' will be wrong.
  15. M

    Ewj: elliott wave

    Bearish Engulfing in Silver's fifth wave. There may be a change of trend. No fifth wave in Gold which broke MA(50) and trendline support. First RSI SELL Signal in Silver, may needs two more. There may be MACD SELL Signals soon. Note the "Big M" patterns in Gold and Silver. Crude Oil at...
  16. M

    Ewj: elliott wave

    There are Candlestick SELL Signals @ resistances. Something like Stars in INDU, SPX and NASDAQ near previous low and MA(50). Dark Cloud Cover in TRAN. All the indices may fall soon. Previous MACD BUY Signals are good. The rises are not typical 5 waves except for NASDAQ.
  17. M

    Ewj: elliott wave

    $USD broke MA(200) then fell to 80 as expected. The rebound from MA(50) may be Wave 5 which can go UP to 82.6. $XEU broke MA(200) and overshot target at 129 to 130. $XEU may go DOWN to 125.2 or go UP to 131.7. Gold passed MA(50) then fell back to MA(50) may be Wave .4. Wave .5 may go UP to...
  18. M

    Ewj: elliott wave

    INDU, SPX and NASDAQ rebounded to MA(200) as expected, then fell back. Wave 2.a-.b-.c might have ended. Now may be Wave 3? TRAN fell from MA(200) too. Note Death Cross in UTIL. MACD BUY Signals may be false signal in Bear Market.
  19. M

    Ewj: elliott wave

    Sharehunter; No one can help you but yourself. If your count is right, the market will unfold as the count predict. Try your counts with minute or hourly charts, so you would not have to wait too long for the answers.
  20. M

    Ewj: elliott wave

    $USD fell from near target at 81.5 to MA(200) at 80.72. If MA(200) holds, $USD may go UP to 82.2, if not may fall to 80. $XEU rebounded from near target at 126 to MA(200) at 128.21. If MA(200) holds, $XEU may go DOWN to 126, if not may go UP to 129. Crude Oil rebounded to MA(50) at $90 as...
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