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Silver count is best fit by an irregular correction UPWARDS :) . 61.8% retracement = $43.2. Measured move = $43.6 and $46. "W" pattern target = $44. Silver UP move may end arround these number :D .

Gold's wave five extended again :) . Next measured move will send Gold to $2000 :confused: . The problem is sometimes wave five does not show up :eek: . Just when everybody is waiting for it to unload to someone else :cool: .

TRAN had a lower low, Wave V]IV)C3]3) is likely :) . Dow may need another panic to break below V]IV)C3]1) , Aug 2011, low :D . TRAN and Dow may need more panic to break below V]IV)C2]b) , July 2010, low :confused: . INDU's and TRAN's Wave V]IV)C3]3) can go DOWN as low as 9400 and 3350...

SPX: Wave V]IV)C3]2) ended near measured move, previous wave four and fibonaci advancement as expected :cool: . Wave V]IV)C3]3)1 and 2 might have ended. Wave V]IV)C3]3)3, the strongest wave, needs another panic to break Wave V]IV)C3]1) low :confused: . Wave V]IV)C3]3)5 may go DOWN as low as...

TRAN hit lower low, Dow may confirm soon :) . MACD turn DOWN from trigger line, no BUY Siganl. RSI turned DOWN, may give a second false BUY Signal soon.

Crude Oil falls big too :cool: . May be the beginning of Wave Cc]5) which can go DOWN to $65 :eek: .

The Markets fall big as expected :cool: . Wave 3) may go DOWN another SPX 2000, DJI 2000, NASDAQ 400 :eek: .

The Dow shows similar triple fractals Head and Shoulders patterns :D .

If Smaller Fractals really predict Larger Fractals, we'll have a big problem :confused: . A 20-years Head and Shoulders pattern is forming :eek: .

SPX may meet resistance at Wave four of a lesser degree and fibonaci advancement {2)=1.618*2a} arround 1215. INDU may meet resistance at Wave four of a lesser degree and fibonaci advancement {2)c=1.618*2)b} around 11550. Note: Ascending Wedge pattern.

Gold and Crude Oil falls look impulsive as expected :cool: . Crude Oil's Wave V]IV)Cc]5) might have begun.

AUD/USD Wave IIc]5)4 rebound reached 38.2%. Wave IIc]5)5 may fall to end of Wave I4] @ 0.97, where Wave IIc]5)5 = .618*Wave IIc]5)1)-2)-3).

Crude Oil may fall after Long Leg Doji and measured move. $USD on balance @ MA(50) can go UP and/or DOWN. Margin increase may prevent further wave five extension in Gold as in Silver :eek: . Gold Hits Record Highs But Fragile After CME Margin Increase Written on August 13, 2011 by...

Dead Cross in charts of SPX, NASDAQ and Crude Oil. Near dead in INDU's and TRAN's. Rebounds showed a-b-c with c nearly equal to a. RSI show BUY Signal as expected :cool: , the third RSI BUY Signal may be a true signal.

The Crude Oil's Bull Cult is dead (for now) :) . WaveV]IV)Cc]3) might have ended near Head and Shoulders target, 61.8% retracement of Wave V]IV)A and 50% retracement of Wave V]IV)B :cool: . Wave V]IV)Cc]4) may end near end of Wave V]IV)Cc]3)4 @ $88.32 :confused:

Crude Oil's Wave V]IV)Cc]4) approaching $88 target :cool: .

Dow's Wave V]IV)C3]1) might have ended :) . Wave V]IV)C3]2)c retreated from resistances at V]IV)C2]a) high and measured move might have ended too. If not this wave may end at 38.2% retracement :confused: . Note: Complete wave count, but wave can extend :eek: .

SPX's Wave V]IV)C3]1) might have ended :( . Wave V]IV)C3]2) may retrace 38.2% of Wave V]IV)C3]1) and end near 1195. If Wave V]IV)C3]2)c = Wave V]IV)C3]2)a, Wave V]IV)C3]2) may end near 1190

This multitude of threes should be a corrective wave :confused: . Wave V]IV)Cc]4) which may end near $88 is more likely now :D .

The last UP wave may be Wave V]IV)C3]3)5.5 or Wave V]IV)C3]4) :confused: . Next Wave V]IV)C3]3)5 or V]IV)C3]5) can go DOWN to $70-$71. Wave V]IV)C3]3)4 should take a few days, while Wave V]IV)C3]4) should take about a month.