Ewj: elliott wave

Gold's Shooting Star and Silver's Bearish Engulfing confirmed :cool: .
MACD and RSI bearish.
Crude Oil shows Bullish Engulfing :confused: .
VIX shows Counter Attack, MACD may cut trigger line UP today.
Note Bullish Flag and "W" patterns.
$USD's RSI cut 70% line UP, bullish territory.
79.5 may be resistance.
Note "W" pattern.
$XEU rebounded as expected :cool: .
May be wave 4.
$XEU's RSI cut 30% line DOWN, bearish territory.
Note equal distance from MA(200) and "Big M" pattern.
 

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$USD's Wave 3)4 met "W" neckline support, may rebound as Wave 3)5 to 81.5 :confused: .
RSI should cut 70% line DOWN 3 times before turning bearish.
$XEU's Wave 3)4 met channel resistance, may fall as Wave 3)5 to 130 :confused: .
RSI should cut 70% line UP 3 times before turning bullish.
Crude Oil met 4 resistnaces, June' low, trendline, ascending wedge and MA(50), may fall again :confused: .
VIX rebounded from "W" neckline twice = fractals.
May break the bigger "W" neckline again :confused: .
MACD may break trigger line UP soon.
Gold's and Silver's MACDs and RSIs are bearish.
 

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Crude Oil doesn't want to go DOWN, but can't go UP :mad: .
Because of the resistances: MA(50), Wave V]IV)Cc]1) low, 38.2% retracement, resistance trendline and Head and Shoulders neckline.
Crude Oil tested $90 five times.
 

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EUR/USD reached 1.39 target.
Note resistance trendline and 50% retracement.
There may be one more wave or may be not :confused: .
Quote from mu200411:09-15-11 05:22 PM


EUR/USD's UP move looks corrective, may be Wave 3)4 .
Wave 3)4.c:5 may end here near 1.38 or at 50 % retracement = 1.39 :confused: .
Note Head and Shoulders pattern.
More...
 

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