Ewj: elliott wave

[mu200411]

Gold, Silver, Crude Oil, EUR and AUD UP moves look corrective.
There may be one more measured move DOWN .

 

[blnbr]

If this is the end of wave-2 for weekly S&P 500, its wave-3 down move could be very sharp.

 

[mu200411]

Crude Oil, Gold, Silver, EUR and AUD.
Clear 5 waves DOWN, obscure 3 waves UP which is quite complete.
Next may be another 5 waves DOWN .

 

[mu200411]

5-waves DOWN, 3-waves UP may be Wave .3 and .4 or :3 and :4.
Next may be Wave :5, .5 or 5 DOWN.
Crude Oil measured move DOWN target may be $87.5 .
Gold measured move DOWN target may be $1450 .
Silver measured move DOWN target may be $26 .
$XEU measured move DOWN target may be 126 .
$USD measured move UP target may be 82.5 .

 

[mu200411]

Indices' Wave :4 rebounds met resistances at MA(50) or MA(200).
INDU measured move DOWN target may be 11500 .
SPX measured move DOWN target may be 1180 .
NASDAQ measured move DOWN target may be 2470 .
TRAN measured move DOWN target may be 4620 .
UTIL measured move DOWN target may be 440 .

 

[Wide Tailz]

More question marks than I see on a typical manager's face in a week.........

 

[mu200411]

AUD/USD may be in Wave III2]c)1.5 or III3]2)b.1:5 .

 

[mu200411]

EUR/USD may be in Wave 3)3.5:5iii.ii:ã, target =1.260 .

 

[mu200411]

Wave five confirmed, but sometimes it is short.
INDU, SPX and NASDAQ lower lows.
INDU, TRAN and UTIL break MA(50) supports.
TRAN Bearish Engulfing.
UTIL Evernign Star.

 

[mu200411]

Forex, metals, Crude Oil
All countertrend moves stall at resistances and supports, previous high or low, MA(200) or MA(50).
The trends may countinue soon.