Gold shows Doji near $1540, there may be a revesion to mean @ MA(200) $1378 :) .
Silver meets resistance @ MA(50) $39.05 may revert to mean @ MA200 $29 :) .
Crude Oil may revert to mean @ MA(50) $105.55 then MA(200) 90.56 :) .
US Dollar Index after found support @ MA(50) 75.04 four days ago...
USD/EUR is going UP as expected :cool: .
Crude Oil is still struggling in a symmetrical triangle around $100 :) .
Gold and Silver are going UP against advice :mad: ,
albeit in what look like corrective patterns (Zigzag and Running Correction) :( .
We may have to change camp if Gold and...
If the Silver target measured move @ $23 looks absurd or you don't like it :( ,
I can comply by arguing that Wave II is a Zigzap so Wave IV should not be a Zigzag according to the Rule of Alteration :cool: ,
and predicting a triagular correction which will manipulate the target to $40 :) ...
A measured move UP will send US Dollar Index to 0.74 :cool: .
A measured move DOWN will send
Gold to $1380 :) ,
Crude Oil to $80 :D ,
Silver to $23 :eek: .
USD UP. Gold, Silver and Crude Oil DOWN as expected :cool: .
All the moves look impulsive :) .
If supports and resistance are broken, there may be another large measured move for each :D .
Reverse Head ans Shoulders pattern versus Big "M" patterns :cool: .
US Dollar index r-sHs, if confirmed, would pointed to 78.4 :) .
The Dow, SPX, NASDAQ confirmed "M" patterns with return moves might suggest Dow 12200, SPX 1305 and NASDAQ 2710 :D .
Gold, Silver and Crude Oil charts looks like pennants :) .
Crude Oil has been struggling around $100 for 9 days :cool: .
Next moves may be DOWN to targets :confused: .
USD/EUR rose as 5-waves and fell from near .714 target :cool: ,
next move may be UP to .74 :confused: :eek: .
Triangular Corrections in DJI, SPX and Compqx :eek: .
UP to round number DJI 13000, SPX 1400 and Compqx 3000 :) or
DOWN to DJI 12300, SPX 1300 and Compqx 2760 :confused: .
US Dollar index HIGH = 75.91 :cool:,
there may be one more subwave to go :) .
Crude Oil DOWN near $97 then rebounded to struggle around $100 again :) .
AUD/USD DOWN to 1.053, one more subwave may send AUD/USD to 1.050 :D .
Only Silver showed new low :eek: .
The falls were too swift, corrections may need more time to be digested :cool: .
There may be a variety of corrective patterns in this DOWN trend;
Irregular correction for Silver.
Flat correction for Crude Oil.
Zigzag or Triangular correction for Gold...
AUD/USD minute chart shows ending diagonal break out, the fall should continue :) .
A fall below 1.053 would confirm Wave 3]3)4 :D .
A fall below 1.025 would change the count to Wave 3]4) :eek: .
Oops !!!! Gold, Silver & Crude Oil fall as expected :D .
Another measured moves will send
Gold DOWN to $1475 :) .
Silver DOWN to $31.5 :eek: .
Crued Oil DOWN to $93 :) .
US Dollar index UP to 0.714 :D .
AUD/USD falls as a 5-waves, there may be another measured move DOWN to $1.05 :) .
Crude Oil falls as a 5-waves, there may be another measured move DOWN to $93 :) .
US Dollar Index rises as a 5-waves, there may be another measured move UP to 76.0 :D .