Ewj: elliott wave

$1040 passed :) .
Gold is going to $1170 :D .

Gold headed for another record
By Ben Rooney, CNNMoney.com staff reporter
October 7, 2009: 8:19 AM ET
December gold was up $2.20 to $1041.90 an ounce, after closing at a record high of $1,039.70 in the previous session. Earlier in the session, gold traded as high as $1,048.20, topping Tuesday's intraday high by $3 an ounce.
http://money.cnn.com/2009/10/07/markets/gold/index.htm

Quote from mu200411:09-18-09 12:46 AM

Gold is going to $1040 or $1170 :confused: .
http://www.elitetrader.com/vb/attachment.php?s=&postid=2578538
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ABC forms Wave 4 in the daily.

Im still looking for a final 5-wave up.

subwave 1 finished, now a correction down to make 2(looks like an abc forming) and then subwave 3 up....etc

RSI needs to cool down a bit before subwave 3
 

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MitchWorse,

The 5 waves up on your charts looks really clean.

Do you have any views on the S&P500 or ES you can share? :)
 
Dont have any realtime graphs for those...
But the AEX is a "slave" market, allways following the S&P and DAX, so i'm guessing we will see the same patterns :D

And when all the graphs show the same info, that can only mean a right count :cool:
 
Thanks MitchWorse.

Yes, I do see similarities across markets too. :)

Guess the S&P is busy getting nowhere today. So I'll call it a day!

:)
 
Quote from ed:

Still bullish.... :(

I think Mu mentioned something around 1070~1080 as a target. It's appearing on my radar too! 1073 would be nice.... :)

I'm long ES.... :D :)

ESZ9 90min
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Just took my few ES points profits.... A wave iv maybe brewing...... :)
 
SPX 1065 :) .
Onward and Upward to target as expected :D .
Quote from mu200411:10-07-09 09:59 PM

If 1060 is breached again :( .
the Market may not fail me this time :confused: .
First measured move 1090 :) .
Next measured move 1120 :D .
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