Ewj: elliott wave

[mu200411]

Can Market go UP 100% in 100 trading days?
If yes we will reach SPX 2520 in mid November 2011 :eek: .
We (BULLs) will all be rich .
If not there will be some pull back after 5% or 10% or 20% rally .
We may be near the end of Wave V]V)I5]1)1.3v.iii right now ,
and we may go DOWN 2 - 4 SPX points as Wave V]V)I5]1)1.3v.iv .
Then go UP again as Wave V]V)I5]1)1.3v.v to measured move target near Wave V]V)I3] high @ SPX 1344.71 or Wave V]V)I4]c)2 high @ SPX 1345.20 L .
Then go DOWN again as Wave V]V)I5]1)1.4 about Wave V]V)I5]1)1.2:a measured move of 32 points or less .
If SPX goes below V]V)I5]1)1.1 high @ SPX 1298.61 we should recount the waves .
Note: Be aware of the possibility the Head and Shoulders pattern.

 

[mu200411]

EUR/USD, Crude Oil, Brent, Gold and Silver begin to fall .
Will this continue .

 

[mu200411]

Something has changes .
Commodities UP while EUR/USD DOWN and USD/EUR UP .
Gold and Silver change before Crude Oil and Brent .

 

[mu200411]

SELL EUR, BUY commodities .

 

[mu200411]

Last 100 minutes EUR/USD UP, commodities UP again .

 

[mu200411]

USD UP, everything else DOWN .
Last 50 minutes, Gold, Silver, Crude Oil and Brent UP with USD .

 

[mu200411]

Gold is going UP :eek: .
Wave V]III)V5]5) might have not ended yet ,
and Gold are going UP to $1600 as Wave V]III)V5]5)5 extends .
In this count Gold should go above $1559 before going below $1475.
If Wave V]IV)A1]1)1.2 is an irregular correction, Wave V]IV)A1]1)1.2:av should end here at measured move .

 

[mu200411]

US Dollar index UP move looks impulsive .
A measured move UP may send $USD to 75.25 or 75.7 .

 

[mu200411]

Silver keeps going UP, so we have to re-count the waves :eek: .
If May-June correction is an irregular correction type II, Silver should go above $36.77 soon .
If the July 4th's rebound is Wave V]V)IVc]2)c, it should end near Wave V]V)IVc]1)4 and the Head and Shoulders pattern should be confirmed soon .

 

[mu200411]

Crude Oil keeps going UP, so we have to reconsider the count :eek: .
Crude Oil may be in the same Wave V]V)I as SPX .
Wave V]V)I4] might have end and Wave V]V)I5] is going to new high .
If Crude Oil is in Wave V]IV), Wave V]IV)Cc]2)c.5:5 should end soon at the end of fifth subwave of fifth subwave @ measured move .