Ewj: elliott wave

Gold and Silver fell sharply due to "Big M" patterns, to
$1285 and $ 19.7 then rebounded.
Crude Oil broke upward to $99.
There are strong resistances around $100.
Quote from mu200411:06-11-13 07:01 PM

Gold and Silver went no where until yesterday when the "Big M" patterns were confirmed.
Downward movements may be stronger. Target = previous lows.
Crude Oil "Big M" = a false break. Now at resistance again.
Wait for breakout on either side.
 

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Indices' charts look like Double Zigzag.
Targets may be 14700, 1570, 3340, 5960 and 465.
AAPL broke MA(50) DOWN, may break "Big M" neckline soon.
Quote from mu200411:06-11-13 04:24 PM

SPX, NASDAQ and TRAN reached targets 1600, 6200 and 3370 then rebounded from MA(50) to near 50% retracement and show stars and doji.
Next may be UP according to AAPL's Head and Shoulders pattern (target = $500) or
DOWN according to AAPL's "Big M" pattern (target = $320).

http://www.elitetrader.com/vb/attachment.php?s=&postid=3821829
 

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Indices reached measured move targets as expected and went as low as 14551, 1560, 3294, 5952, and 462.
There may be some rebounds or drops to "Big M" targets.
Quote from mu200411:06-20-13 07:59 PM

Indices' charts look like Double Zigzag.
Targets may be 14700, 1570, 3340, 5960 and 465.
AAPL broke MA(50) DOWN, may break "Big M" neckline soon.

http://www.elitetrader.com/vb/attachment.php?s=&postid=3828355
 

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Gold and Silver are still under the influence of the very "Big M" patterns.
There are supports at $1250/$18.75 and $1150/$17.50.
Crude Oil fell from resistances at $100 as expected and rebounded from MA(200) and MA(50). Now at near 50% retracement.
$USD and $XEU at 50% retracement, MA(50) and MA(200) supports and resistance.
Quote from mu200411:06-20-13 07:19 PM

Gold and Silver fell sharply due to "Big M" patterns, to
$1285 and $ 19.7 then rebounded.
Crude Oil broke upward to $99.
There are strong resistances around $100.

http://www.elitetrader.com/vb/attachment.php?s=&postid=3828344
 

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Gold/Silver fell as low as $1179.40/$18.22.
May reach target $1150/$17.50 soon.
There are strong support at $1050 and $15.
Quote from mu200411:06-25-13 07:50 PM

Gold and Silver are still under the influence of the very "Big M" patterns.
There are supports at $1250/$18.75 and $1150/$17.50.
Crude Oil fell from resistances at $100 as expected and rebounded from MA(200) and MA(50). Now at near 50% retracement.
$USD and $XEU at 50% retracement, MA(50) and MA(200) supports and resistance.

http://www.elitetrader.com/vb/attachment.php?s=&postid=3830990
 

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