Ewj: elliott wave

[mu200411]

NASDAQ just above measured move resistance.

 

[mu200411]

According to the pink recount, AUD/USD may be going DOWN as Wave IIc]5) to Wave I4] and measured moves around 0.81-0.83 .
Note also: "Big M" pattern.

 

[mu200411]

Gold @$1239 near $1250 target, previous low ($1251) and MA(50).
Witt go DOWN to $1100 - $1050 too?

Quote from mu200411:01-01-14 02:18 PM

Gold low = $1181 almost touched $1179 previous low.
May be going UP to $1250 or DOWN to $1100 - $1050.
http://www.elitetrader.com/vb/attachment.php?s=&postid=3921217

 

[mu200411]

Gold was afraid of $1250!

 

[mu200411]

Gold at resistance $1520-$1265.
AB-base => $1300.
1-2-3-4-5 => $1150.

Gold @$1239 near $1250 target, previous low ($1251) and MA(50).
Witt go DOWN to $1100 - $1050 too?
http://www.elitetrader.com/vb/attachment.php?attachmentid=141934&d=1388825423

 

[mu200411]

EUR/USD moved DOWN as a 5-waves, then rebounded as 3-waves.
Next may be wave 3 to 1.335.

EUR/USD set back to 1.329 then rebounded to 1.389.
May be going UP to measured move target at 1.398 or 1.402 or 1.43
or DOWN to 1.203 the 1.120.
http://www.elitetrader.com/vb/attachment.php?attachmentid=141849&d=1388566513

 

[mu200411]

$USD moved UP to 81.39 near weekly MA(50) resistance at 81.6 as 5-wave,
then fell to 80.15.
Next may be going UP a measured move to trend-line resistance near 82.0,
or DOWN to 79 as indicated by "Big M" pattern.

$USD at MA(200) support.
May be going UP to MA(50) resistance at 80.6 or DOWN to 77.8.
http://www.elitetrader.com/vb/attachment.php?attachmentid=141850&d=1388567846

 

[mu200411]

INDU fell from the Upper Trend-line.
Note "Big M" pattern target = 15703.79.
Is this the beginning of a bigger correction?

INDU finally reached the upper trend-line.
http://www.elitetrader.com/vb/attachment.php?attachmentid=141851&d=1388567911

 

[mu200411]

SPX fell from the last measured move resistance.
Note "Big M" pattern target = 1769.99.
Is this the beginning of a larger correction?

SPX @ last measured move resistance.
http://www.elitetrader.com/vb/attachment.php?attachmentid=141852&d=1388568341

 

[mu200411]

NASDAQ fell from the last measured move resistance.
Note: Ascending Wedge.
Target may be 4097.399.

NASDAQ just above measured move resistance.
http://www.elitetrader.com/vb/attachment.php?attachmentid=141853&d=1388568383