Ewj: elliott wave

Triangular Corrections in DJI, SPX and Compqx :eek: .
UP to round number DJI 13000, SPX 1400 and Compqx 3000 :) or
DOWN to DJI 12300, SPX 1300 and Compqx 2760 :confused: .
Quote from mu200411:04-28-11 10:51 AM


"Sell in May and go away" may begin at psychological, round number barriers,
DOW 13000, SPX 1400 and NASDAQ 2900or3000 :), or
measured move levels,
DOW 13000, SPX 1380, and NASDAQ 2920 :D .
 

Attachments

DJI 12457, SPX 1324, NASDAQ 2764 :) .
Only DJI -157, SPX -24, NASDAQ -4 to go to targets :D .
Quote from mu200411:05-14-11 06:58 PM


Triangular Corrections in DJI, SPX and Compqx :eek: .
UP to round number DJI 13000, SPX 1400 and Compqx 3000 :) or
DOWN to DJI 12300, SPX 1300 and Compqx 2760 :confused: .
 

Attachments

Gold, Silver and Crude Oil charts looks like pennants :) .
Crude Oil has been struggling around $100 for 9 days :cool: .
Next moves may be DOWN to targets :confused: .
USD/EUR rose as 5-waves and fell from near .714 target :cool: ,
next move may be UP to .74 :confused: :eek: .
 

Attachments

Reverse Head ans Shoulders pattern versus Big "M" patterns :cool: .
US Dollar index r-sHs, if confirmed, would pointed to 78.4 :) .
The Dow, SPX, NASDAQ confirmed "M" patterns with return moves might suggest Dow 12200, SPX 1305 and NASDAQ 2710 :D .
 

Attachments

USD UP. Gold, Silver and Crude Oil DOWN as expected :cool: .
All the moves look impulsive :) .
If supports and resistance are broken, there may be another large measured move for each :D .
 

Attachments

AUD/USD low = 1.044 near the measured move @ 1.040 :cool: .
AUD/USD below 1.023 would change the count to Wave 4] :confused: .
Quote from mu200411:05-12-11 01:51 PM


AUD/USD minute chart shows ending diagonal break out, the fall should continue :) .
A fall below 1.053 would confirm Wave 3]3)4 :D .
A fall below 1.025 would change the count to Wave 3]4) :eek: .

http://www.elitetrader.com/vb/attachment.php?s=&postid=3182247
 

Attachments

Back
Top