Ewj: elliott wave

The real fall begins.
INDU and SPX fell hard. MACD failed to give BUY Signals.
Triple Tops targets = 13000 and 1400.
Note: SPX big Ending Diagonal with Triple Tops.
NASDAQ's Head and Shoulders patterns confirmations led the way DOWN. MA(50) = strong resistance. Target may be 2900.

Quote from mu200411:10-17-12 10:56 AM

INDU and SPX rebounded from previous tops and MA(50) near targets 13300.
MACDs may give BUY Signals soon.
TRAN rebounded and met resistance @ MA(200.
NASDAQ rebounded from "Big M" target@3050 and met resistance @ MA(50).
UTIL rebounded from MA(50) may pass previous top soon. http://www.elitetrader.com/vb/attachment.php?s=&postid=3654051
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Gold and Silver broke MA(50) supports. Wave .5 migh have extended.
Next targets are MA(200) at $1670 and $31.
Crude Oil's Head and Shoulder pattern confirmed, target may be $77.5.
$USD going UP. $XEU going DOWN.
 

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Silver reached target ($30.97/$31). Gold low = $1675 near $1670 target.
Note markedly increase volumes.
May be Wave .5 which should end soon, or
Wave 3s which target $1630 and $29.25.
Crude Oil SELL Signal may indicate $82 or $79 targets.
$USD went UP as "W" pattern foretold. MA(200) as resistance.
$XEU went DOWN as "Big M" pattern indicated. MA(200) as support.
If resistance and support broken, targets may be 81 and 126.5.
Quote from mu200411:10-24-12 06:10 AM

Gold and Silver broke MA(50) supports. Wave .5 migh have extended.
Next targets are MA(200) at $1670 and $31.
Crude Oil's Head and Shoulder pattern confirmed, target may be $77.5.
$USD going UP. $XEU going DOWN.
http://www.elitetrader.com/vb/reply.php?s=&action=newreply&postid=3659749
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INDU and SPX rebounded from near targets at 13000 and 1400 as expected. MA(50) becomes resistances causing outside bar or Bearish Engulfing in INDU and Dark Cloud Cover in SPX.
Measured move targets may be 12700 and 1375.
Head and Shoulders pattern targets may be 12600 and 1360/1340.
NASDAQ also shows outside bar or Bearish Engulfing.
Measured move target may be 2900 = Head and Shoulders pattern target. MA(200) may be broken soon.
UTIL third subwave of third subwave may cut MA(200) DOWN to 465.
Note Dark Cloud Cover in TRAN. MA(200) support broken.
Quote from mu200411:10-22-12 01:08 PM

The real fall begins.
INDU and SPX fell hard. MACD failed to give BUY Signals.
Triple Tops targets = 13000 and 1400.
Note: SPX big Ending Diagonal with Triple Tops.
NASDAQ's Head and Shoulders patterns confirmations led the way DOWN. MA(50) = strong resistance. Target may be 2900. http://www.elitetrader.com/vb/attachment.php?s=&postid=3657920
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Gold and Silver rebounded strongly, should be Wave 2 or Wave 2.a.
MA(50)s at $1738 and $33.1 are resistance.
Measured move targets of Wave 3 = $1610 and $28.3.
Crude Oil UP and DOWN violently may be wave .4 or wave :4.
Measured move target =$82.
Note "W" patterns in $VIX.
$USD broke MA(200) resistance. Measured move target = 81.5.
$XEU broke MA(200) support. Measured move target = 126.
Quote from mu200411:11-04-12 06:11 PM

Silver reached target ($30.97/$31). Gold low = $1675 near $1670 target.
Note markedly increase volumes.
May be Wave .5 which should end soon, or
Wave 3s which target $1630 and $29.25.
Crude Oil SELL Signal may indicate $82 or $79 targets.
$USD went UP as "W" pattern foretold. MA(200) as resistance.
$XEU went DOWN as "Big M" pattern indicated. MA(200) as support.
If resistance and support broken, targets may be 81 and 126.5. http://www.elitetrader.com/vb/attachment.php?postid=3669466
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UTIL broke MA(200) DOWN and fell beyond measured move to 450.
INDU broke MA(200) DOWN, may fall to 12600.
NASDAQ broke MA(200) DOWN, may fall to 2900 or 2850.
SPX broke Head and Shoulders pattern neckline DOWN, may break MA(200) soon, and fall to 1360 or 1340.
This will break the ED support trendline and may be the beginning of Wave IV)III.
 

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INDU, SPX and NASDAQ reached measured move.
INDU may rebound to MA(200) and neckline near 13000.
SPX may rebound from MA(200) to near neckline at 1400.
NASDAQ may rebound to MA(200) and neckline near 2970.
RSIs in Bear territory.
SPX's Ending Diagonal support trendline may be broken soon.
 

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Gold rebounded to MA(50).
Silver may rebound to MA(50) near $33 too.
Then there may be a measured move DOWN to $1620 and $28.5.
But RSIs and MACDs point to continue UP move.
Crude Oil may fall DOWN to $81.
$USD reached 81 as expected, may be going UP to 81.5.
$XEU may be going DOWN to 126.
Note "W" patterns in VIX.
 

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