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Not sure whether this is the end of Wave IVb]c)3.5 or Wave IVb]c)5? So Oil can go UP one more wave to $100 before going DOWN to $60 :confused: .

So far so good. :) It's a rare opportunity to see the market acted as expected. :D Gold fell $100 :eek: . The question is "Where are the supports?" . The answer is "All the Wave4s, ie, Wave .4 @ $1360 (crushed) Wave 4 @ $1310 (crushed) Wave 4) @ $1160 and Wave 4] @ $666 :mad: . Only 50%...

The expected correction might have started :eek: . Evening Star Candlestick pattern @ double measured moves. Complete Elliott Wave count. Daily RSI cut 70% line DOWN for the third time. Weekly RSI cut 70% line DOWN. MACD cut trigger line DOWN.

Complete count at measured move. Better be-aware

Sell Signals again :) May be real this time :confused: .

Slow motion turn around :eek: . RSI and MACD are cutting trigger lines DOWN. The red lines are for SELL Signals.

DJA, DJT and DJU. Wave B versus Wave V) :confused: .

Long term chart patterns: Is 8 years enough correction for a 26 years bull market? Is 1 year enough correction for a 33 years bull market? If yes we are going on for another 30 years bull market in Supercycle Wave V]V). If not sHs, M, and Z pattern may materialize.

Crude Oil should be locked in a triangle between $100 and $60.

Gold $1400 and USD/JPY 80 may be long term tops :) . Complete wave counts and multiple measured move :D .

Equity Put/Call Ration at resistance level :) , while the wave count is five :D . This should mean somethings, shouldn't it :confused: ?

Fifth subwave 5 of wave 5 at measured move :) . MACD and RSI show divergences with indices :) MACD is turning down :D .

Can short term fractals predict long term outcome?

Fractals reverse Head and Shoulders and Wave 1)2)3)4)5) and Wave 12345. After 5 ends there may be a fall to 50WMA :confused: ?

Doji, Shooting Star and Hangman. Wave 4.b versus Wave 5.1 :confused: .

50DMA shows a strong support. There may be a rebound as Wave 4.b:c then a measured move DOWN to 200DMA. Or may be not :confused: .

There may be a measured move DOWN to top of Wave 1. Wait and see if the support holds or the resistance breaks :confused: .

Gold has reached $1400 as expected long time ago :D . -------------------------------------------------------------------------------- Posted by mu200411 on 05-13-10 11:19 AM: Gold $1243 Gold $1300 and $1400 are within reached . Can USD/EUR go UP to 0.82 .

There may be a measured move DOWN to 50DMA and Wave 1 top.

Finally a correction. Ten weeks UP should be followed by a 3-5 weeks DOWN. This could be Wave V3]1)4 or Wave V2]c) :confused: . The red lines are for SELL Signal. The green line is of BUY Signal.