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  1. M

    Ewj: elliott wave

    Most indices rebounded from short measured moves. INDU rebounded from near 12000, met resistance at 12650. May go UP to previous low and MA(50) near 12700, or continue to fall. SPX rebounded from near 1265, met resistance at 1330. May go UP to previous low and MA(50) near 1350, or continue...
  2. M

    Ewj: elliott wave

    All indices broke MA(200) DOWN. This may be the fifth wave. Next target may be at measured moves. INDU's = 12000 or 11700. SPX's = 1265 or 1220. NASDAQ's = 2700 or 2600. TRAN's = 4750 or 4700. UTIL's = 459 or 455. Note: MACD and RSI first 2 BUY Signals in falling market may be false signal.
  3. M

    Ewj: elliott wave

    $USD and $XEU endured some set back at halfway to targets (83.5 and 123. Next measure moves will send $USD and $XEU to 86 and 120. Crude Oil DOWN to $82.5 may reach target $81.5 soon. VIX broke reverse Head and Shoulders neckline again, may go UP to 27.31. Gold and Silver rebounded from...
  4. M

    Ewj: elliott wave

    Head and Shoulders patterns in $USD and $XEU confirmed. Next targets may be just below 86 and 120. Crude Oil next targets may be weekly MA(200) at $81.5 or $75. VIX next target may be weekly MA(200) at 27.31. If Gold and Silver break the supports DOWN, next targets may be near weekly...
  5. M

    Ewj: elliott wave

    TRAN reached target at 5140 may be Wave 4. INDU, SPX and NASDAQ may be in Wave 4.c. After all reaches targets, may be Wave 5. MACD BUY Signals may be false signals in a falling market.
  6. M

    Ewj: elliott wave

    Indices rebounded for top of Wave 1) as expected. INDU's resistances are at 12700and 12800. SPX's at 1340 and 1360. NASDAQ's at 2900 and 2950. TRAN's at 5040 and 5140.
  7. M

    Ewj: elliott wave

    Gold and Silver stalled as expected, after some set back may rise to MA(50) near $1640 and $31. Crude Oil rebounded as expected and may go UP to MA(200) near $96. VIX fell from near 26 as expected, may rebound soon from 22 or 20. $USD fell from resistance, may rebound from 80.75 or 80.20...
  8. M

    Ewj: elliott wave

    AUD/USD Wave 3)3? reached measured move @ 0.99 as expected. But wave 3 can extend to 1.618 wave 1 so AUD/USD may go DOWN to 0.95 before a rebound.
  9. M

    Ewj: elliott wave

    Gold and Silver rebound to near resistance, should turn DOWN soon. Crude Oil DOWN below $92 support, may go DOWN further. $USD reached resistance and stalled. Support = 80.75. $XEU reached support and rebounded. Resistance = 129. VIX near MA(200) resistance. May set back a bit. Note...
  10. M

    Ewj: elliott wave

    After 10% most indices come close to supports, the MA(200) and the tops of Wave 1)s. If the indices fall below top of Wave 1)s, all will know that this is not Wave 4). And Mr. Market doesn't like that. So the indices will rebound from supports and RSI will rise from Bear territory the first...
  11. M

    Ewj: elliott wave

    Gold and Silver rebounded as expected :cool: . Resistances may be at $1600-$1620 and #28.5-$29.5. Crude Oil posted a weak rebound. VIX at 24.49 nearer to 26 target. $USD and $XEU may fall and rebound from resistance and support at 82 and 126 soon, then break DOWN to 86 and 120 as Wave 5) ...
  12. M

    Ewj: elliott wave

    TRAN big drop after multiple "Big M" patterns confirmed. UTIL may be next. Note: UTIL MACD and RSI SELL Signals.
  13. M

    Ewj: elliott wave

    $USD and $XEU is at important level, the necklines of Head and Shoulders pattern. Next may be a rebound or a break down. VIX reverse Head and Shoulders confirmed, can go UP to 24, 27 or 47. Gold and Silver if break DOWN can go to $1400 and $23. Note: Weekly MACD SELL and BUY Signals.
  14. M

    Ewj: elliott wave

    Is this the beginning or ending of a correction. Beginning = Wave IV)C1]3). Ending = Wave V)I1]4). The red line will determine which is the right answer. Note: Big "Big M" and Very big "Big M" pattern in INDU, SPX, TRAN and NASDAQ. Note: Very long Ascending Wedge or Diagonal in UTIL. Note...
  15. M

    Ewj: elliott wave

    VIX reverse Head and Shoulders confirmed, may go UP to MA(200)=25.77. $USD may go UP to 82. $XEU may fall to 126. Gold may go DOWN to $1400. Silver may go DOWN to $26.
  16. M

    Ewj: elliott wave

    INDU's "M" pattern, SPX's and NASDAQ's Head and Shoulders patterns confirmed. "Sell in May" should continue for a while.
  17. M

    Ewj: elliott wave

    Crude Oil paused near $95 and went DOWN to $93.45 near target $92 :cool:
  18. M

    Ewj: elliott wave

    AUD/USD may be in Wave IIc]3)3 which may end near 0.99. Wave IIc]3)5 may end near 0.925.
  19. M

    Ewj: elliott wave

    "SELL in May" might have begun. Note "M" patterns in INDU and SPX. Head and Shoulders patterns in TRAN and NASDAQ.
  20. M

    Ewj: elliott wave

    Crude Oil went DOWN big as Wave Cc]1)5 as expected. Target prices = $95 ad $92. If reverse Head and Shoulders confrim, VIX will explode upside, :eek: as MACD BUY Signal indicates. $USD DOWN according to MACD SELL signal then UP, now MACD gives BUY Signals. Note also "W" patterns. $XEU UP...
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