Ewj: elliott wave

[mu200411]

BEAR Trap AGAIN??? .
We got our SELL Signals; neckline crossing and a lower low.
Mr.Market then gave us a Hammer :eek: .
BPNYA turned DOWN from resistance. May be going DOWN to 12.
Equity Put/Call R20 crossed "W" neckline. May be going UP to 1200 or 1400.

 

[mu200411]

Gold may be going UP to 1400.
USD/EUR to .86.
Light DOWN to 55.
EUR/USD to 1.14

 

[mu200411]

Five waves DOWN .
There may be another five waves DOWN to SPX 1040 .

 

[ole]

Tree AEX scenario's one bullish two bearish.

First the bulih scenario 3,3,3

 

[ole]

The second scenario a ABC correction.

The last wave down, C wave

 

[ole]

The last Ew

The multiple year bearish scenario consists of a contracting triangle.

The red dots are Fibonacci clusters.

Gr

 

[mu200411]

A Shooting Star after a Hammer .
The fourth (reverse) Head and Shoulders pattern :eek:
If this fails, the bigger reverse Head and Shoulder pattern may fail too .

 

[mu200411]

USD/JPY may be going DOWN to 83 ,
before goind DOWN to 80 .

Quote from mu200411:11-28-09 11:14 AM

USD/JPY may be going DOWN to 83 ,
before goind DOWN to 80 .
http://www.elitetrader.com/vb/attachment.php?s=&postid=2653679

 

[mu200411]

There were two 5-waves DOWN to SPX 1040 as expected .
There may one more small 5-waves DOWN and another big 5-waves DOWN before the end of Wave 2]c) .

Quote from mu200411:08-21-10 10:47 AM

Five waves DOWN .
There may be another five waves DOWN to SPX 1040 . http://www.elitetrader.com/vb/attachment.php?s=&postid=2930464

 

[MitchWorse]

I'm voting for a move up.
The perfect flag with Mu's double 5 waves has touched it's target @ 1040. Most indicators are oversold.
Closed my shorts, not sure about going long though