Ewj: elliott wave

[mu200411]

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.

Gold (high = $1238) testing previous low@$1240.
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.

 

[mu200411]

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.

INDU passed Wave 4 of a lower degree target at 16,334.
There may be a return move to 16,600 - 16,660.
After that Wave :5 target may be previous low target at 16,000, or
previous high and low target at 15,700, or
"Big M" (confirmed) target at 15,530, or
previous low target at 15,356, or
Ending Diagonal tar get at 14,720.
Note: Fractal patterns in 2 Ending Diagonals.

 

[mu200411]

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 .

Wave V\IV)C3]3)5 = Wave 3)1-2-3 so measured move target = $79.7 .
Crude Oil low = $80.01 .
Candlestick Hammer closed near 61.8% retracement.
There may be a rebound as Wave 4) to near $91,
or Wave 3)4 to near $85.8 .
Wave 3)5 target may be $75.3 = "Big M" pattern target.
Wave V]V)IIC5] or V]IV)C3]5) target may be $50.
Wave V]IV)C5] target may be $32.7

 

[mu200411]

Gold (high = $1238) testing previous low@$1240.
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.

Gold's high = $1250.30 .
Wave IVc]5)d's target may be $1313.
If Gold falls below previous low at $1181.4, Wave IVc]5)3.3's target may be $1100

 

[mu200411]

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.

SPX's low = 1820.66 almost touch "Big M" target at 1814.
Candlestick Hammer closed at the middle of three-month trading band.
There may be a rebound to 1900 or 1905.
Note: Five waves pattern in this DOWN move.

 

[mu200411]

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.

NASDAQ's DOWN move looked like a 5-waves.
There may be a rebound from here or from measured move target at 4040.

 

[mu200411]

INDU passed Wave 4 of a lower degree target at 16,334.
There may be a return move to 16,600 - 16,660.
After that Wave :5 target may be previous low target at 16,000, or
previous high and low target at 15,700, or
"Big M" (confirmed) target at 15,530, or
previous low target at 15,356, or
Ending Diagonal tar get at 14,720.
Note: Fractal patterns in 2 Ending Diagonals.

INDU (low=15,855.12) crashed to near previous highs and lows at 15,700 in no time.
After some sideways movement, INDU may continue DOWN to
"Big M" (confirmed) target at 15,530, or
previous low target at 15,356, or
Ending Diagonal tar get at 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 .

The drop from 86.75 is greater than previous drops.
This may be Wave 3]2) or 3]4) which should move sideways for sometime.
If there is still Wave 3]1)5.5, target may be 87.45 .

 

[mu200411]

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

EUR/USD's high at 1.28874 may be Wave III3]2)c.3.
Now is in Wave III3]2)c.4 .
Wave III3]2)c.5 may be 1.29953 .

 

[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.

USD/JPY's Wave 3]3) or 3]3)1 or 2]b) ended at 110.093 just below measured move and previous high near 111 as expected.
Wave 3]4)'s low = 105.198 just below 105.5 .
There may be a rebound as Wave 3]5) soon or
after a period of sideway movement as Wave 3]2).