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  1. M

    Ewj: elliott wave

    "Sell in May and go away" may begin at psychological, round number barriers, DOW 13000, SPX 1400 and NASDAQ 2900or3000 :), or measured move levels, DOW 13000, SPX 1380, and NASDAQ 2920 :D .
  2. M

    Ewj: elliott wave

    AUD/USD went UP to 1.090 as expected :) . So Dollar Index went DOWN :) and Gold, Silver and Crude Oil rallied :D . This time Gold may go UP to $1600 and Crude Oil to $120 :confused: , before "Sell in May and go away" kicks in :eek: . Note: Retracement from AUD/USD 1.092 may be Wave...
  3. M

    Ewj: elliott wave

    Dollar Index down below measured move then rebounded :eek: . AUD/USD fell from 10.85 as expected :) . This may be another one-two fractal, so there may be another one-two UP to 1.090 :D . Gold and Silver down moves look impulsive :cool: . Crude Oil down too and may not reach $120 :confused: .
  4. M

    Ewj: elliott wave

    Dollar Index down to measured move :) . AUD/USD fifth wave UP to 1.085 :) . Gold five waves DOWN, three waves UP :) . Silver five waves DOWN 11%, three waves UP :D . Buyers Beware: Silver Crashed 11% in 24 Hours http://www.cnbc.com/id/42726288
  5. M

    Ewj: elliott wave

    Gold 5 waves DOWN :) . Crude Oil 5 waves UP :D .
  6. M

    Ewj: elliott wave

    AUD/USD One more move UP towards 1.085 as expected :) .
  7. M

    Ewj: elliott wave

    Although Gold measured move is $1520 :), A Cycle top at $1518 is OK for me :D . Crude Oil can go UP pass the high of $113.50 to $120 while Dollar index is rising :eek: . Dollar index shows three same-level lows, this may turn into a Triple Bottom :confused: . Note: Real inflation is caused...
  8. M

    Ewj: elliott wave

    Investopedia explains U.S. Dollar Index - USDX Currently, this index is calculated by factoring in the exchange rates of six major world currencies: the euro, Japanese yen, Canadian dollar, British pound, Swedish krona and Swiss franc. This index started in 1973 with a base of 100 and is...
  9. M

    Ewj: elliott wave

    While NASDAQ and TRAN flirt with 2008 high :) , INDU, SPX and UTIL come close to Fibonacci resistance level, i.e., 76.4%, 76.4% and 50% retracement :D , at the time when Dollar Index has just broken below previous low on 5]5)5.5:5v.v:v wave count :eek: . If Dollar Index begins to move UP...
  10. M

    Ewj: elliott wave

    Gold interesting Fibonacci and Measured Move patterns :) . Gold peaks have 100, 261.8, 423.6% relationships :) . This last high is at 161.8% relationship with Cycle I peak :D . There may be a correction of Cycle degree in the near future :confused: . The Measured Moves forecast a crash...
  11. M

    Ewj: elliott wave

    Crude Oil interesting Fibonacci and Measured Move patterns :) . If these are predictive, Crude Oil may go UP to $120 before a crash :D .
  12. M

    Ewj: elliott wave

    AUD/USD shows some interesting fractal and fibonacci patterns :) . The 1]-2]-3]1)-3]2)-3]3)1-3]3)2-3]3)3.1-3]3)3.2 pattern :D . If this is the case there may another move UP to 1.085, unless some central banks intervene again, in which case the fractal pattern may turn out to be a...
  13. M

    Ewj: elliott wave

    Is this the beginning or the end :confused: .
  14. M

    Ewj: elliott wave

    Is this the END :confused: .
  15. M

    Ewj: elliott wave

    Dollar index DOWN move might have come to an end :confused: . Wave 3) is shorter than Wave 1). Wave 5) should not be longer than Wave 3). Wave 5) is almost equal to Wave 3) now. Wave 5)5.3 is shorter than Wave 5)5.1 Wave 5)5.5 should not be longer than Wave 5)5.3 . Wave 5)5.5 is almost...
  16. M

    Ewj: elliott wave

    networxed Prechter might have forgotten his own words in the quote or, more likely, Forst's words. The majority is always right except at the top and bottom where the contrarian calls the shots. Prechter wastes too much time for those two points in time. mu.
  17. M

    Ewj: elliott wave

    Wave 5 is treacherous :eek: . Sometimes it does not show up, sometimes it extends, this time it fails :confused: . This may be the reason :cool: . April 21, 2011, 12:24 a.m. EDT Asia central banks intervene as currencies rally...
  18. M

    Ewj: elliott wave

    AUD/USD ready to go UP another .01 to 1.085 :) .
  19. M

    Ewj: elliott wave

    There is some correction near 1.072 :) , but AUD/USD Wave 3]3)3.1:5 extends :eek: . This may end near 1.085 :confused: .
  20. M

    Ewj: elliott wave

    Head and Shoulders pattern failed :eek: . Wave 3]2) might have ended near 1250 :) . Now we may be in Wave 3]3) which may go UP to SPX 1580 :D .
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