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 .

$USD 10/3/2014's high = 86.75.
86.8 target reached in no time.
This may be top of Wave 3]1)5.3 .
Wave 3]1)5.5 top may be at measured move or previous tops near 88.71, 89.62, 91.25 or 92.63 .

 

[mu200411]

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

Gold dropped to $1183 near $1180 target then rebounded.
Target may be wave 4 of a lesser degree ($1232) or previous low ($1240).

 

[mu200411]

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

Crude Oil reached $87 as expected.
May rebound to previous low at $91.2 or wave 4 of a lower degree at $95.

 

[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 .

EUR/USD first target hit.
Next may be 1.29953 .

 

[mu200411]

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 .

SPX (low = 1906) reached "Big M" and Wave :4 target at 1904.
Next may be a rebound to new high or
Next "Big M" target at 1814 or
Wave 4 target at 1740.
Note: Fractals patterns in the small and large "Big M"s.

 

[mu200411]

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.

Nasdaq (low = 4276) passed Wave .4 target at 4324.
Next may be measured move target at 4262.
Then Wave 4) target at 3946.
There can be rebound to new high if the last three waves are a-b-c.

 

[mu200411]

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.

INDU (low = 16,543) is approaching Wave 4 of a lower degree at 16,334 .
Measured move target = 16,434.
Ending Diagonal target = 14,720.

 

[mu200411]

$USD 10/3/2014's high = 86.75.
86.8 target reached in no time.
This may be top of Wave 3]1)5.3 .
Wave 3]1)5.5 top may be at measured move or previous tops near 88.71, 89.62, 91.25 or 92.63 .

Wave 3]1)5.3 ended at 86.75 as expected.
Wave 3]1)5.4 last low = 84.94, just below Wave 3]1)5.1 .
Wave 3]1)5.5 may end at measured move or previous tops near 87.95, 88.71, 89.62, 91.25 or 92.63 .
Note: Wave 3] may end at 91.25 .

 

[mu200411]

Crude Oil reached $87 as expected.
May rebound to previous low at $91.2 or wave 4 of a lower degree at $95.

Crude Oil (Low = $83.59) passed $87 target.
If Wave V]IV)C3]3)5 = 3)3, target may be $82.
Wave V]V)IIC5] or V]IV)C3]5) target may be $50.
Wave V]IV)C5] target may be $32.7 .

 

[mu200411]

Gold dropped to $1183 near $1180 target then rebounded.
Target may be wave 4 of a lesser degree ($1232) or previous low ($1240).

Gold (high = $1234) reached end of wave 4 of a lesser.
If Gold managed to pass previous low at $1240, Wave IVc]5)d's target may be $1313.
If Gold falls below previous low, Wave IVc]5)3.3 may be $1100.