Ewj: elliott wave

[mu200411]

There is something wrong with Crude Oil Chart !!!???
UP $2 in one minute :eek: ,
and our target reached .

 

[mu200411]

Silver Low $1 off the mark ($33 versus $32) should be forgivable .

Quote from mu200411:05-02-11 11:37 AM


Silver Supercycle Wave III) might have ended near $50 :eek: .
Silver Supercycle Wave IV) may end near Fibonacci 38.2% retracement at $32 or
Wave IV of a lesser degree and 50% retracement at $26 .

 

[mu200411]

US Dollar Index goes UP to near 74.40 then goes DOWN to near 73.96 as expected .
Because the rise is strong, Wave :2 may be a running or irregular correction .
Wave :3 may go UP to 75.60 .

 

[mu200411]

Silver may rebound 50% to $42 ,
then fall a measured move to $26 :eek: .

 

[mu200411]

So this is what Crude Oil consolidation near $100 looks like .
Next may be a measured move DOWN to $83

 

[elovemer]

count

 

[mu200411]

We have reached the Optimal Prices .
No change in Prices any more .

 

[mu200411]

Crude Oil still consolidates around $100 as expected .

Quote from mu200411:05-06-11 04:50 PM


Crude Oil falls 20% in classic 5-waves pattern .
There may be a rebound to consolidate at the end of wave four near $100 .

 

[mu200411]

Dollar index chart may be counted as
a Running Correction, where Wave :3 may go UP to 76.0 , or
a 5-waves pattern, where Wave :3 can go UP to 76.66 .

Quote from mu200411:05-06-11 09:55 PM


US Dollar Index goes UP to near 74.40 then goes DOWN to near 73.96 as expected .
Because the rise is strong, Wave :2 may be a running or irregular correction .
Wave :3 may go UP to 75.60 .

 

[Lucrum]

Quote from mu200411:

Dollar index chart may be counted as
a Running Correction, where Wave :3 may go UP to 76.0 or
a 5-waves pattern, where Wave :3 can go UP to 76.66 .

And therein lies the rub.