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Crude Oil's & Brent's charts show Head and Shoulders patterns. Crude Oil's measured move target = $83, sHs target = $80 :) . Brent' measured move target = $95, sHs target = $91 :D .

Wave V]V)I5] Market Top targets in February 2012 :cool: 20110701 INDU SPX COMPQ TRAN UTIL V]V)I2] 9614.32 1010.91 2061.14 3872.64 346.95 346.95 V]V)I3] 12391.29 1344.07 2840.51 5306.65 441.86 422.43 V]V)I4] 11862.53 1258.07 2599.86 5043.21 419.69 419.69 V]V)I5] 14639.5 1591.23 3379.23...

Gold's measured move target = $1444 :) . Silver's measured move target = $31.7 :D .

USD continues UPWARD movement :) . Commodities may continue DOWNWARD movement to targets in the quote :D . Money shifts from commodities and treasury into equities :confused: . Note: Bigger Head and Shoulders pattern in Gold and Silver. Bigger "Big M" in Crude Oil and Brent.

Gold's fifth subwave of fifth wave @ measured move = $1487.49 :) . Should rebound from here :D :confused: ?

USD UP, everything else DOWN :eek: . Gold DOWN move looks impulsive :) . After rebound to $1500 may go DOWN another 5-waves to $1487 :D .

The Brent's upward breakout may be a false break :eek: . Gold and Crude Oil make lower lows. Note: Head and Shoulder pattern in Gold and Big "M" in Crude Oil Charts. Mr.Market likes to fool people around :mad: .

It looks as though INDU's & TRAN's Running Correction, SPX's Flat Correction and NASDAQ's Irregular Correction Wave V]V)I4] finally might have ended :) . We are going to New All Time High in 2012 at the end of Wave V]V)I5] :D .

Gold and Silver rebounds :eek: . EUR/USD and Brent higher highs :) . Crude Oil higher high soon :) . Wave V]V)I5]1)1.3 wins :) . We are going to New All Time High in 2012 at the end of Wave V]V)I5]5) :D .

Gold and Silver tanked :eek: . Looks like Wave V]IV)Ca]5) has got the upper hand :confused: . This will be confirmed below $1491 and $33.33 :D .

If commodities cannot make higher high during "window dressing" Wave V]IV)Ca]4)c may have ended :confused:, and we are going DOWN another measured move as Wave V]IV)Ca]5) :eek: . Note: "EUR/USD measured move" looks like a zigzag, next move may be DOWN :confused: .

Only Silver reached measured move :) . Other Indices could make only to .382*mm or .5*mm :eek: . This can be wave :1 :confused: . We should watch carefully if the current correction turn impulsive :mad: .

If the Indices cross the Blue Lines UP, they are not Wave 4s :D . If the Indices cross the Red Lines DOWN, they are not Wave 3s :mad: . This matter should be resolved today :confused: .

Commodities met some resistance on the way to measured move target :( . The UP moves may continue to the mms targets or .618*mms or .382*mms targets :confused: . EUR/USD made higher high as expected :) . USD/EUR made lower low. Note the "Big M" and "W" patterns :D .

Crude Oil and Brent reach higher highs as expected :cool: . EUR/USD may reach higher high soon :) .

A measured move UP may sent Brent to $117 and Crude Oil to $97 :cool: .

Crude Oil and Brent reach higher high as expected :cool: . Will Gold, Silver and EUR/USD follow :confused: ?

Those resistance levels do have some resistance as evident by the Shooting Stars and Dark Cloud Cover :cool: .

Gold and Silver had wave five failure and miss upside target :( . Gold and Silver fell as expected to $1503 and $34.08, below targets :mad: . If there is no "going UP again" to a higher high then these 3 5-waves may be a c-wave of some degree :confused: .

Brent went UP as high as 110.75 then fell :cool: . Crude Oil went UP as high as $94.3 then fell :cool: .