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Crude Oil may be in Wave 1)5.5:5iii :) . Wave 1)5.5:5v may end near $72 :D .

There are many measured moves to fulfil :) . Same intermdiate term target, 10317, 1150, 1714 :D

Five waves UP :) . Wait for a measured move UP :D .

The Bulls made good use of their last chance :) . A measured move UP as wave five will make a higher high :D .

Is it too early for Boeing Co. to go now :confused: ? IATA says global airlines to lose $9 bln in 2009 June 07, 2009: 09:30 PM ET http://money.cnn.com/news/newsfeeds/articles/reuters/MTFH78107_2009-06-08_01-30-14_SP478955.htm...

Is Crude Oil following SPX DOWN :confused: ? This rebound is the last hope for the Bulls :( .

Welcome bennie83 & ole :) , Thanks for the good charts and comment. mu. The Market is DOWN :( . The Question is; "Is this impulsive or corrective?" :confused: . Cross the blue line UP = correcitve :D . Cross the red line DOWN = impulsive :mad: . Note: Crude Oil is UP and SPX is...

elovemer, I think the same :D . mu.

Higher highs in four indices :) . Wait for Tran and Util to confirm the DOW :D .

CSCO's & TRV's SMAs look bullish :) . There may be a measured move UP :D .

Crude Oil higher high :) . SPX may follow soon :D . What do you think ed, landis, Mup, elovemer ? Will SPX go to 1000 before the end of June :confused: ?

The Spike may be Wave :5ii.â :confused: . Five waves UP again, may be Wave :5iii.i :) . There should be a measured move UP as Wave :5iii.iii :D . Note: Crude Oil also shows five waves UP pattern.

SPX follows Crude Oil UP :D .

SPX follows Crude Oil DOWN :eek: .

If this all of 5th of 5th of 5th wave of Crude Oil :confused: , or there may be wave .3-.4-.5 to the measured move target :D .

So we got our measured move UP and also a smaller measured move to form a 5-waves UP pattern :) . So there may a larger measured move UP as expected :D .

There may be a measured move UP as 5th of 5th of 5th wave to $72 :) , followed by some correction to wave four of a lesser degree :( , a rebound to $85 this year and $95 next year as GS said :D . http://money.cnn.com/2009/06/04/markets/oil.reut/index.htm

A higher high and a reverse Head and Shoulders pattern confirmation :) . There may be a small measured move UP followed by a larger measured move UP later :D .

Crude Oil falls from near measured move, previous high and round number $70 :eek: . The next UP move will be 5th of 5th of 5th wave :), if there is one :confused: .

Who has the idea? This 5-waves DOWN is a 1 or a c :confused: . A 1 should be followed by a break below the red line. A c should be followed by a break above the blue line. There are some divergences in the six indices.