Search results

  1. M

    Ewj: elliott wave

    SPX may be in Wave V]V)III3]. Wave V]IV)D is unlikely unless SPX falls back below 1580.
  2. M

    Ewj: elliott wave

    Long term resistance trendline managed to keep Crude Oil in triangles. If Crude Oil cannot break above the resistance, "Big M" pattern and Head and Shoulders pattern may push Crude Oil below $75.
  3. M

    Ewj: elliott wave

    Silver's Wave IVc]4) may take sometime. Wave IVc]5) should not drop below Wave V]V)I top at $21.
  4. M

    Ewj: elliott wave

    Gold's Wave IVc]4) may be forming the right shoulder of a big Head and Shoulders pattern.
  5. M

    Ewj: elliott wave

    "Big M" patterns confirmed. Will Long Term Head and Shoulders pattern be confirmed too? EUR/USD low = 1.28431.
  6. M

    Ewj: elliott wave

    NASDAQ: "W" pattern versus "Ascending Wedge"
  7. M

    Ewj: elliott wave

    The last Bearish count is 15 year Expanding Triangle Wave IV)D going DOWN to IV)E soon. The Bullish count is V)I3]3) going to 4) sometime in the future. 9) "D" waves — "D" waves in all but expanding triangles are often accompanied by increased volume. This is true probably because "D"...
  8. M

    Ewj: elliott wave

    USD/JPY target may be 103 or 104.6
  9. M

    Ewj: elliott wave

    If EUR/USD breaks sHs neckline at 1.28, target may be 1.23
  10. M

    Ewj: elliott wave

    AUD/USD reached .99 target! What is next? Break UP or DOWN is difficult to tell.
  11. M

    Ewj: elliott wave

    Stock could be overbought forever; after the third SELL Signals in RSIs SPX and NASDAQ fell a little the march UP again. Now there are RSI's SELL Signals again. This time may be different if $USD runs UP due to reverse Head and Shoulder patter in weekly chart and "W" pattern in daily chart...
  12. M

    Ewj: elliott wave

    Only UTIL did as expected. Second RSI SELL Signal followed by second MACD SELL Signal with 5% correction. Weekly UTIL's RSI first SELL Signal. There may be some rebound from MA(50). Strong support at 500. Next support at 440. TRAN managed to rebound after weekly RSI and MACD gave first SELL...
  13. M

    Ewj: elliott wave

    Gold rebounded from $1300 target. Should stay between $1300 -$ 1530 for sometime before next leg DOWN. Silver rebounded from $23 target. Should stay between $23 - $27 for sometime before next leg DOWN. Crude Oil rebounded from $85.5 target forming a reversed Head and Shoulders pattern. Now...
  14. M

    Ewj: elliott wave

    AUD/USD made a false break to short term resistance trendline at 1.058 then fell as expected to 1.00626. Next target should be 0.99.
  15. M

    Ewj: elliott wave

    Weekly TRAN's MACD cut trigger line DOWN as expected. Daily UTIL's RSI first SELL Signal. MACD might cut trigger line DOWN soon. Daily INDU's, SPX's and NASDAQ's RSIs, MACDs and divergences showed SELL Signals. Weekly INDU's, SPX's and NASDAQ's RSIs showed first SELL Signal. MACDs might show...
  16. M

    Ewj: elliott wave

    Silver beat $23 target which is more than 50% correction form 2011's top. This may be a Cycle Wave IV) correction. Gold almost reached $1300 target. Cycle Wave IV) correction might get to $750-950 in 5 years time. Crude Oil's "Big M" pattern confirmed, target might be $85.5. $XEU's Head and...
  17. M

    Ewj: elliott wave

    Weekly TRAN MACD started turning DOWN, might cut trigger line DOWN soon. Stock could be overbought forever, but after third SELL Signal in RSI like SPX's and NASDAQ's weekly RSI, trend might change. INDU's Daily chart RSI to show third SELL Signal soon. Weekly INDU's RSI overbought, if fell...
  18. M

    Ewj: elliott wave

    Gold's Bull Trap after false break. Gold could not pass resistance trend-line to reach MA(50) then fell to new low and confirmed the very "Big M" pattern. This is a nightmare came true. First target = MA(200) at $1433. Next = "Big M" target = $1300. Silver same pattern, but already broke the...
  19. M

    Ewj: elliott wave

    Crude Oil fell further according to RSI SELL Signal. MACD SELL Signal appeared as expected. There may be rebounded from new Head and Shoulders neckline to the new left shoulder level then fall again. Crude Oil is in triangles, break out on either side should be strong. Gold made a false break...
  20. M

    Ewj: elliott wave

    TRAN completed Head and Shoulders pattern rebounded to MA(50). Weekly TRAN's RSI showed SELL Signal. MACD might follow soon. INDU still strong, but showed divergences. INDU's weekly RSI at overbought level might give SELL Signal soon, same as MACD. NASDAQ confirmed "Big M" pattern and...
Back
Top