Ewj: elliott wave

[mu200411]

$USD new high may be Wave 3]1)5.3?
Wave 3]1)5.5 may end near measured move at 86.8 .

 

[mu200411]

USD/JPY Wave 3]3) or 3]3)1 or 2]b) may end near measured move and previous high near 111 .
Wave 3]4) should not end below 105.5 .
Wave 2]c) can go down to 94.

 

[mu200411]

AUD/USD low = 0.86634, Wave III1]2) count is still possible.
AUD/USD is not in Wave III1]2) if falls below 0.86602.
Wave IIc]5)5) can go DOWN to .825 or 080660.

 

[mu200411]

EUR/USD Wave III3]1)3.3:5 at previous low (1.25874) and parallel line supports.
There may be some rebound to 1.275 or 1.29953 .

 

[mu200411]

NASDAQ high 4610 may be the top of Wave V)I3]5)5 or V]I3]5)1 .
Next may be some set back to 4324.

So far so good! 4610 is the top as expected.
"Big M" pattern confirmed. Target of Wave V]V)I3]5)2 may be 4324.
Wave V]V)I4] target may be 3946.

 

[mu200411]

"Big M" pattern.
This may be the end of Wave 5.5 or 5.5:1?
Rebound from here means 5.5:1.
A fall to 1905 means Wave 5.5 has ended.

SPX's "Big M" pattern confirmed. Wave 3)5.5 or Wave 3)5.1 might have ended.
Wave 3)5.2 target is at Wave :4 (labeled .4) = 1904.
Wave 4) target = 1740 .

 

[mu200411]

A strong rebound, so INDU should be in Wave 5)5.

INDU's Ending Diagonal target for Wave V]V)I4) = 14,720 if Wave V]V)I3)5 has just ended.
If the ending wave is V]V)I3]5)1, target may be 16,334.

 

[mu200411]

Crude Oil $91.80 is at pivotal point.
Last chance to rebound as Wave 3).
If drops below Wave 1) low at $91.24 then it is not Wave 2),
and a fall to $87 is more likely.

Crude Oil measured move targets = $87 or $87.5 .

 

[mu200411]

Gold has finished 5-3-5 waves.
If Gold rises above the green horizontal line at $1281, it will confirm Wave 3)3.
And Gold can go UP to $1365.
If Gold falls below the blue horizontal line at $1240, it means Wave 2) is still in force.
And Gold can go DOWN to $1200.

Gold fell below $1240 then approached $1200 as expected.
Recent low = $1204.30.
Measured move targets = $1200 or $1180.

 

[mu200411]

Silver didn't go DOWN as low as expected.
Wave V]V)IVc]5) might have been a wave five failure.
Next may be Wave V]V)V1]1)3 UP to $22.85 .
If not Wave V]V)IVc]5) may continue DOWN to $16 or $14.65 .

Silver's Wave V]V)IVc]5) is not a failure, last low = $16.85 .
There may be some rebound as wave :4 before going DOWN to $16 as Wave 5)5.3:5.
Wave V]V)IVc]5)5.5 may end near $14.0