Ewj: elliott wave

[mu200411]

VIX reached first target .
Will the VIX rush to second target @89.53 .

Quote from mu200411:08-06-11 06:33 PM

VIX's small "w" confirmed then VIX rose as high as 39.25 .
If VIX's big "W" confirmed, VIX may go UP to 89.53 :eek: ,
then everyone will become fear of looking at a chart .
The only viable BULL cult is Wave V]V)I5] failure ,
and the Markets should not fall belowJune 2010's low.
Weekly MA(200) may lend some support.
http://www.elitetrader.com/vb/attachment.php?s=&postid=3260795

 

[mu200411]

SPX reaches measured move @1122 as expected .
This may be the last 5th wave of Wave V]IV)C3]1) .
IF SPX fall further, this may be Wave V]IV)C3]1)3.3 ,
and there may be another Wave V]IV)C3]1)5 .
Wave five is treacherous .

 

[mu200411]

Crude Oil rebounds from $75 ,
near target $70, but there may be one move wave to go to $70-71 .

Quote from mu200411:08-08-11 01:16 PM

Crude Oil may be going DOWN as Wave V]IV)Cc]3)5 to $81.5 or $70 ,
or may be not :eek: .

 

[mu200411]

Only INDU stop at measured move, other indices went beyond :eek: .
Wave three cannot be the shortest.
The last wave may be Wave V]IV)C3]1)3.3 not Wave V]IV)C3]1)5.
There may be two more wave-fives to go, Wave V]IV)C3]1)3.5 and Wave V]IV)C3]1)5 .

 

[blnbr]

I found this rumor from Bloomberg.com report this morning: "… in Asian trading amid speculation the U.S. will announce measures
to support the market and as state- run funds in South Korea and Taiwan bought shares".

And perhaps there will be some bargain hunting at this level as well ?

 

[mu200411]

Rebound after Wave V]IV)C3]1)3.5 as Wave V]IV)C3]1)4 should end around here near 11112 .
Rebound after Wave V]IV)C3]1)5 as Wave V]IV)C3]2) should end near 11548 .

 

[mu200411]

Crude Oil rebound reaches measured move.
Wave V]IV)Cc]3)5.4 should end here .
Wave V]IV)Cc]4) may end near $88

 

[mu200411]

Crude Oil rebound looks more like Wave V]IV)Cc]3)5.4 .

Quote from mu200411:08-10-11 12:29 AM

Crude Oil rebound reaches measured move.
Wave V]IV)Cc]3)5.4 should end here .
Wave V]IV)Cc]4) may end near $88

 

[mu200411]

Tuesday's rebound may be Wave V]IV)C3]1)4 .
Wenesday's fall may be Wave V]IV)C3]1)5 which may go DOWN to SPX 1060 or SPX 1015 .

 

[mu200411]

Crude Oil Wave V]IV)Cc]3)5.4 looks like an Ending Diagonal now .
May breakdown soon .