Ewj: elliott wave

Wave 2]c) ended at 78.99 and jumped to 80.33.
Three resistances ahead:
MA(50) at 80.69.
Resistance trend-line at 80.5.
Previous low at 80.77.
Note MACD and RSI BUY Signals.
Next is: Very "Big M" versus "1]-2]-3]".
Break of 80.77 low will be more bullish.
Quote from mu200411:10-23-13 09:57 AM

$USD "Big M"'s first target at 79.2 reached.
Next target may be 77.2 or 75.2
Wave 2]c) of Flat Wave 2] may end at 78.4 .

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EUR/USD and $XEU fell from double measured moves.
Is this the beginning of Wave III3]?
Break of 1.345 top will tell.
Note: MACD and RSI SELL Signals.
MA(50) and supporting trend-line at 134.89 and 134.6 .
Quote from mu200411:10-24-13 05:03 PM

EUR/USD and $XEU's "W" pattern trumped Head and Shoulders pattern.
Wave pattern does not look like 1-2-3-4-5 impulse wave pattern.
More like a Double Zigzag pattern.
Wave III2y]c)5.5 is at double measured moves, resistance trend-line.
There may be some set back soon.
If not, next measured move target is 1.402 .

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mu200411,

What do you think about USD/JPY? seems like a 4th wave triangle is done and a 5th wave up has started.

Here is another guy's analysis that has been spot on for months. He's thinking 110-125 is a target range just ahead. I know EW has multiple avenues, I'm curious if you may have another perspective or would you agree?

http://majormarketmovements.com/yen/

TIA
 
Crude Oil fifth wave DOWN.
Crude Oil is approaching $93 target, last low = $94.36 .
Next target at MA(200), supporting trend-line and previous low = $91.62 .
Note: RSI and MACD SELL Signals.
Quote from mu200411:10-23-13 09:26 AM

Crude Oil second "Big M" target at $99 reached.
Next target is $93.

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Gold rebounded to but could not stay above MA(50), then fell to $1305.60 .
Reverse Head and Shoulders pattern target = $1420 near MA(200).
Head and Shoulders pattern and Wave IVc]5)3 target =$1190.
Note: MACD SELL Signal.
Quote from mu200411:10-15-13 06:48 PM

Gold is bearish.
First Head and Shoulders pattern target = $1225.
Wave IVc]5) target = $1050.

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Silver may be going UP to $24.5 .
Or going DOWN as Wave 5)3 to $18.8 .
Note: MACD SELL Signal.
Quote from mu200411:10-24-13 12:23 PM

It is unclear whether Silver is in wave 5 UP or wave 5) DOWN.
Wave 5 UP target is $26-27.
Wave 5) DOWN target is $16.
Note: Silver is just above MA(50) and previous top/low. MACD BUY Signal.

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$USD at 80.81 .
$XEU at 134.85 .
Mr.Market likes to keep people waiting for answers.
Quote from mu200411:11-01-13 03:21 PM

Wave 2]c) ended at 78.99 and jumped to 80.33.
Three resistances ahead:
MA(50) at 80.69.
Resistance trend-line at 80.5.
Previous low at 80.77.
Note MACD and RSI BUY Signals.
Next is: Very "Big M" versus "1]-2]-3]".
Break of 80.77 low will be more bullish.
Quote from mu200411:11-01-13 03:40 PM

EUR/USD and $XEU fell from double measured moves.
Is this the beginning of Wave III3]?
Break of 1.345 top will tell.
Note: MACD and RSI SELL Signals.
MA(50) and supporting trend-line at 134.89 and 134.6 .
 

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Crude Oil reached $93 target in a parabolic move.
There may be some rebound from $93 or 91.62 .
Quote from mu200411:11-02-13 06:57 PM

Crude Oil fifth wave DOWN.
Crude Oil is approaching $93 target, last low = $94.36 .
Next target at MA(200), supporting trend-line and previous low = $91.62 .
Note: RSI and MACD SELL Signals.

http://www.elitetrader.com/vb/attachment.php?s=&postid=3894632
 

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