Ewj: elliott wave

Gold and Silver broke trendline and MA(50) resistance.
There is a danger for the Bears = "W" plattern.
They may be in Wave C3]2) or Wave C2]c)?
The good news is RSI reached 70% where tops often formed.
Crude Oil sHs neckline still holded.
VIX began to rise.
$USD and $XEU may need some more time for RSI to reach 30% and 70% where trends often reverse.
 

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AUD/USD Wave III3]2) did not extended.
Wave III3]3) ran up as a impulsive five-wave.
Wave III3]3)3 = Wave III3]3)1.
If Wave III3]3)5 is also equal to Wave III3]3)1,
AUD/USD may end nead 1.10799, the Wave IIb] high.
 

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May be MACD and RSI aren't working this time for the Indices.
Sometimes Death Cross = near low, Golden Cross = near high.
Equity Put/Call R20 is forming bottom, is SPX forming a top? :confused: .
This is a "a-b-c" versus "1-2-3" question :eek: .
 

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One has to admire your persistence.

Care to summarize and predict.

In truth I have read very little of the threads.

We have - through out history there have been cycles of bust and boom.

No one can disagree with this.

My problem with Elliot Wave is that it is sufficiently vague.

Are you still predicting 2012 will be a bust?
 
Is this the beginning of the long over due drop of Wave C3]3)? :confused: .
Three RSI SELL Signals as required.
MACD SELL Signal after some divergence.
TRAN and DOW Divergence.

Quickless,
2012 a bust if Wave a is violated.
2012 not a bust if Wave 1 is not violated.
mu.
 

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