Ewj: elliott wave
- Thread starter mu200411
- Start date
$USD and $XEU are trapped in some sort of triangles.
If $USD breaks UP and $XEU break DOWN, weekly Head and Shoulders patterns will be confirmed, and
$USD can go UP to 88 and $XEU DOWN to 120.
MACDs point to the contrary?
Gold and Silver are also in triangles, may go UP as Wave 2.c or DOWN as Wave 3.
MA(50)s may be resistance. Note Gold's Death Cross".
Crude Oil may go DOWN as Wave Cc]1)5.
If VIX's Head and Shoulders is confirmed, VIX may go UP to 26.
If $USD breaks UP and $XEU break DOWN, weekly Head and Shoulders patterns will be confirmed, and
$USD can go UP to 88 and $XEU DOWN to 120.
MACDs point to the contrary?
Gold and Silver are also in triangles, may go UP as Wave 2.c or DOWN as Wave 3.
MA(50)s may be resistance. Note Gold's Death Cross".
Crude Oil may go DOWN as Wave Cc]1)5.
If VIX's Head and Shoulders is confirmed, VIX may go UP to 26.
..........
if this doesn't fall apart .... could still see a lower low followed by an attempted higher high
...... support at 1135 spx
----------------------------------------------
my long term count for now is an ABC correction
...if it is.... then it forms a HS pattern on monthly/ quarterly chart
if this doesn't fall apart .... could still see a lower low followed by an attempted higher high
...... support at 1135 spx
----------------------------------------------
my long term count for now is an ABC correction
...if it is.... then it forms a HS pattern on monthly/ quarterly chart
Crude Oil went DOWN big as Wave Cc]1)5 as expected.
Target prices = $95 ad $92.
If reverse Head and Shoulders confrim, VIX will explode upside, :eek:
as MACD BUY Signal indicates.
$USD DOWN according to MACD SELL signal then UP, now MACD gives BUY Signals.
Note also "W" patterns.
$XEU UP according to MACD BUY Signal the DOWN, now MACD gives SELL Signals.
Note Head and Shoulders pattern.
Gold went Up as Wave 2.c then DOWN, may be in Wave 3.
Silver went DOWN as Wave 3.
Note MACD SELL Signals.
Target prices = $95 ad $92.
If reverse Head and Shoulders confrim, VIX will explode upside, :eek:
as MACD BUY Signal indicates.
$USD DOWN according to MACD SELL signal then UP, now MACD gives BUY Signals.
Note also "W" patterns.
$XEU UP according to MACD BUY Signal the DOWN, now MACD gives SELL Signals.
Note Head and Shoulders pattern.
Gold went Up as Wave 2.c then DOWN, may be in Wave 3.
Silver went DOWN as Wave 3.
Note MACD SELL Signals.
