Ewj: elliott wave

[mu200411]

NASDAQ
Measured moved target 5,200.
2000 High target 5,132.52
Triangle Thrust target 5,050.

NASDAQ broke last supporting trend-line. The "Big M" pattern is tentative.
5042.14 might have been the TOP near 5050 target.

 

[mu200411]

Will INDU follow NASDAQ to 18,700 or 18,900?

INDU didn't follow NASDAQ UP to new high but followed DOWN.
The "Big M" pattern is tentative too.

 

[mu200411]

Will SPX follow NASDAQ to 2,150 or 2,180?

SPX didn't follow NASDAQ UP to new high. Will it follow DOWN?
SPX's two "Big M"s patterns are waiting to be tentatively confirmed.

 

[mu200411]

NASDAQ broke last supporting trend-line. The "Big M" pattern is tentative.
5042.14 might have been the TOP near 5050 target.

NASDAQ's "Big M" confirmed, targets may be 4,719 or 4,684 or 4,580.
BULL Trap support at 4,810. Another support at 4,610.

 

[mu200411]

INDU didn't follow NASDAQ UP to new high but followed DOWN.
The "Big M" pattern is tentative too.

Intraday INDU's "Big M" confirmation and breakdown of Ending Diagonal support.
Target may be 17,100 - 17,000.

 

[mu200411]

SPX didn't follow NASDAQ UP to new high. Will it follow DOWN?
SPX's two "Big M"s patterns are waiting to be tentatively confirmed.

SPX's "Big M" is now tentative.
SPX's Ending Diagonal supporting trend-line breakdown.
"Big M" target may be 1,981.

 

[mu200411]

TRAN breakdown confirms the last "Big M" pattern.
The tentative previous "Big M" may be confirmed soon.
Note: Quintuple Tops.

TRAN rebounded from near "Big M" target at 8,584.
The tentative Bigger "Big M" target are 7960 and 7,700.

 

[mu200411]

Crude Oil didn't go up as expected but fell to $44.75 near previous low.
If this is a Flat Correction, Crude Oil may return to $54.24 as Wave 3)4.c .
Wave V]IV)C3]5) can go DOWN to $37 or $31.

Better late than never. Crude Oil went up to $52.48 the fell.
This may be a Running Correction of Wave 4).
Wave V]IV)C3]5) can go DOWN to $35.7 or $30.0 .

 

[mu200411]

Intraday INDU's "Big M" confirmation and breakdown of Ending Diagonal support.
Target may be 17,100 - 17,000.

Six months without significant move!
INUD may be ready to go DOWN.

 

[mu200411]

NASDAQ's "Big M" confirmed, targets may be 4,719 or 4,684 or 4,580.
BULL Trap support at 4,810. Another support at 4,610.

NASDAQ's Wave IV)C may be unfolding.