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  1. M

    Ewj: elliott wave

    $USD reached 81.46 near 81.5 target. May go UP to measured move and previous top at 81.7. $XEU met MA(200) resistance and retreated. May go DOWN to 125.5. Crude Oil may go DOWN to $80 or UP to MA(50) near $90. Gold and Silver have MA(50) as resistance, may continue DOWN trend.
  2. M

    Ewj: elliott wave

    INDU, SPX and NASDAQ showed Hammers at ninth waves near old and new targets. These waves look impulsive. There may be rebound as wave 2 or b to wave .8 or MA(200). TRAN showed Hammer too. UTIL showed Bullish Engulfing. Note wave 3 - wave 2 = wave 1.
  3. M

    Ewj: elliott wave

    Same as quote. Gold and Silver may go UP to $1780 and $34.3
  4. M

    Ewj: elliott wave

    INDU at 12570. SPX at 1355. NASDAQ at 2846. UTIL at 441. The rebounds were tepid. Next measured moves are 12400, 1330, 2780, 420. Note: Wave IV]A)IIc] Ending Diagonal support broken. Next may be Cycle degree DOWN move, Wave III, to 50% lower.
  5. M

    Ewj: elliott wave

    Gold rebounded to MA(50). Silver may rebound to MA(50) near $33 too. Then there may be a measured move DOWN to $1620 and $28.5. But RSIs and MACDs point to continue UP move. Crude Oil may fall DOWN to $81. $USD reached 81 as expected, may be going UP to 81.5. $XEU may be going DOWN to 126...
  6. M

    Ewj: elliott wave

    INDU, SPX and NASDAQ reached measured move. INDU may rebound to MA(200) and neckline near 13000. SPX may rebound from MA(200) to near neckline at 1400. NASDAQ may rebound to MA(200) and neckline near 2970. RSIs in Bear territory. SPX's Ending Diagonal support trendline may be broken soon.
  7. M

    Ewj: elliott wave

    UTIL broke MA(200) DOWN and fell beyond measured move to 450. INDU broke MA(200) DOWN, may fall to 12600. NASDAQ broke MA(200) DOWN, may fall to 2900 or 2850. SPX broke Head and Shoulders pattern neckline DOWN, may break MA(200) soon, and fall to 1360 or 1340. This will break the ED support...
  8. M

    Ewj: elliott wave

    Gold and Silver rebounded strongly, should be Wave 2 or Wave 2.a. MA(50)s at $1738 and $33.1 are resistance. Measured move targets of Wave 3 = $1610 and $28.3. Crude Oil UP and DOWN violently may be wave .4 or wave :4. Measured move target =$82. Note "W" patterns in $VIX. $USD broke...
  9. M

    Ewj: elliott wave

    INDU and SPX rebounded from near targets at 13000 and 1400 as expected. MA(50) becomes resistances causing outside bar or Bearish Engulfing in INDU and Dark Cloud Cover in SPX. Measured move targets may be 12700 and 1375. Head and Shoulders pattern targets may be 12600 and 1360/1340. NASDAQ...
  10. M

    Ewj: elliott wave

    Silver reached target ($30.97/$31). Gold low = $1675 near $1670 target. Note markedly increase volumes. May be Wave .5 which should end soon, or Wave 3s which target $1630 and $29.25. Crude Oil SELL Signal may indicate $82 or $79 targets. $USD went UP as "W" pattern foretold. MA(200) as...
  11. M

    Ewj: elliott wave

    Gold and Silver broke MA(50) supports. Wave .5 migh have extended. Next targets are MA(200) at $1670 and $31. Crude Oil's Head and Shoulder pattern confirmed, target may be $77.5. $USD going UP. $XEU going DOWN.
  12. M

    Ewj: elliott wave

    Another 200+ points DOWN day. Targets may be reached sooner than expected.
  13. M

    Ewj: elliott wave

    The real fall begins. INDU and SPX fell hard. MACD failed to give BUY Signals. Triple Tops targets = 13000 and 1400. Note: SPX big Ending Diagonal with Triple Tops. NASDAQ's Head and Shoulders patterns confirmations led the way DOWN. MA(50) = strong resistance. Target may be 2900.
  14. M

    Ewj: elliott wave

    Gold and Silver fell to second targets, $1712 and $32.18, near MA(50) and "Big M" pattern targets as expected. This may be the end of Wave .5 and there may be a rebound back to "Big M" neck line near end of Wave .4. Note: Golden Cross with MACD and RSI SELL Signals is not a good bullish...
  15. M

    Ewj: elliott wave

    Gold and Silver went DOWN to near targets ($1725 and $32.4) as expected, then rebounded. May be Wave .4. Wave .5 targets may be MA(50)s near $1712 and $32.18 Crude Oil Head and Shoulders pattern versus reverse Head and Shoulders pattern. MA(50) and MA(200) may favor the former. $USD "Death...
  16. M

    Ewj: elliott wave

    INDU and SPX rebounded from previous tops and MA(50) near targets 13300. MACDs may give BUY Signals soon. TRAN rebounded and met resistance @ MA(200. NASDAQ rebounded from "Big M" target@3050 and met resistance @ MA(50). UTIL rebounded from MA(50) may pass previous top soon.
  17. M

    Ewj: elliott wave

    It looks like $USD is moving UP as Wave 3 or C to measured move target near MA(50) and MA(200) meeting point at 80.7. And $XEU is moving DOWN as Wave 3 or C to measured move target near MA(50) at 126.8. Crude Oil rebounded to resistance level and MA(50) at $83.8, may go DOWN to Head and...
  18. M

    Ewj: elliott wave

    The "Big M" patterns confirmed in many indices. INDU "Big M" targets = MA(50)@13300, previous top and low @ 13250, beginning of left arm @ 13000. SPX "Big M" target = 1400. NASDAQ "Big M" target = 3050 or 3000. The "Big M" at the end of very big Ending Diagonal doesn't bode well for SPX.
  19. M

    Ewj: elliott wave

    Wave 5 in most indices. The "Big M" patterns in INDU and SPX. Shooting Stars in INDU, SPX and TRAN. TRAN at MA(50) resistance. Bearish Engulfing in NASDAQ. Dark Cloud Cover in UTIL. Looks like a topping process.
  20. M

    Ewj: elliott wave

    Only Crude Oil went DOWN to near measured move target (87.5$ vs $86). $USD and $XEU may go into Wave .3 or Wave c to near measured move, where MA(50) and MA(200) may cross. Gold showed Ending Diagonal. Silver showed set up for the "Big M" pattern.
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