Ewj: elliott wave

[mu200411]

USD/JPY's another wave, 3]5)5, was a wave-5-failure and
ended at 125.282 instead of going up to 127.5.
Wave 4]'s now at 116, a little bit lower than 118, may go down to 114.
Wave I5] may go UP to 149.

USD/JPY continued rebound to 121.69, then
fell pass 114 to 110.97.
This may be Wave 4]c)3.
Wave 4]c)4 may go UP to 116.
Wave 4]c)5 may go DOWN to 108, 106 or 110.

 

[mu200411]

EUR/USD's Wave III3]4) went UP to 1.145.
EUR/USD's Wave III3]5) may go DOWN to 1.023.

EUR/USD went UP to 1.137 then DOWN to 1.082.
If in Wave III3]4), EUR/USD may go UP to 1.18.
If in Wave III3]5)5, EUR/USD may go DOWN to 1.025.

 

[mu200411]

$USD's Wave 5]1)3 ended at 100.51.
$USD's Wave 5]1)5 may end near 101.5 or 104.5

Wave 5]1)4 had another leg and fell to 95.24.
Wave 5]1)5 may go UP to 101.5.
If in Wave 4)c $USD may go DOWN to 92.62 again.

 

[mu200411]

USD/JPY continued rebound to 121.69, then
fell pass 114 to 110.97.
This may be Wave 4]c)3.
Wave 4]c)4 may go UP to 116.
Wave 4]c)5 may go DOWN to 108, 106 or 110.

USD/JPY Wave 4]c)5 went DOWN to 105.55 then, after showing 5 sub-waves, rebounded to 109.65
Wave 5] might have begun. Target may be 138 or 142 in 2 years or 6 months.

 

[mu200411]

EUR/USD went UP to 1.137 then DOWN to 1.082.
If in Wave III3]4), EUR/USD may go UP to 1.18.
If in Wave III3]5)5, EUR/USD may go DOWN to 1.025.

EUR/USD went UP 1.161, should be Wave III4].
Three more small waves may send EUR/USD to 1.18 before going DOWN to 0.88.

 

[mu200411]

Wave 5]1)4 had another leg and fell to 95.24.
Wave 5]1)5 may go UP to 101.5.
If in Wave 4)c $USD may go DOWN to 92.62 again.

$USD fell to 91.92, below the expected 92.62, and should be counted as Wave III4].
This may be a bull trap. Next may be going UP to 106.

 

[mu200411]

The last Big M was not confirmed and INDU took the wrong turn UP, from Wave 4] Low at 15503 to 24666, an impressive rise of 59% in just 2 years after my absence.
Now may be Minuette Wave :5 of extended Minute Wave .5 or Minor Wave 5 of Intermediate Wave 3) of Primary Wave 5] or Cycle Wave III)I or III)V, which may end now or near 25503 for an exact 10,000 points rise.
Primary Wave I5] may end near 27,000.

Supercycle Wave III) 1974-2000
Supercycle Wave IV) 2000 - 2009 or 2016 target around 5,600.
Alternative count:
Cycle V)I 2009 - 2019 target around 27,000.
Primary V)I4] = Primary V)I2] at the moment.
Primary V)I3] = alternative Primary V)I1] which ended in 2010.
Note:
Cycle III)V = Cycle III)I-II-III.
View attachment 156321 View attachment 156322

If the rise in 2016-2017 is Primary Wave I1], Cycle Wave V]V)I might go to 33,000 or 44,800 as predicted years ago.

If he did, he would have a more optimistic view. He may forecasted that Cycle Wave IV would be equal to Cycle Wave II which dropped 43% from the January 1966 high of 1001.11 to October 1974 low of 570.01 or 50% or 61.8% (a fibonacci retracement).
So the end of Cycle Wave IV may be forecasted to drop 50% from ~10600 or ~14400 to ~5300 or ~7200 in 8 years. Cycle Wave V may be equal to Cycle Wave I and rise to 33,000 or 44,800 in 1949 + 71 = 2020, the time when oil reserve is very low. Boeing Co., Exxon Mobil Corp., General Motors Corp. and United Technologies Corp. might have gone out of business.

 

[supreme trader]

my goodness!!!

You have 1040 pages of elliot wave,
4064 posts since 2007 ie 10 years ago,
but only one like.

perhaps your elliot wave things are too boring.

let me give you another like.

 

[mu200411]

my goodness!!!

You have 1040 pages of elliot wave,
4064 posts since 2007 ie 10 years ago,
but only one like.

perhaps your elliot wave things are too boring.

let me give you another like.

Thanks.

 

[mu200411]

NASDAQ fell to 4,292 then rebounded to 4,836 and fell again to 4,614.
These may be Wave IV)C1]1)-2)-3) or Wave V)I4)-I5]1)-2).
NASDAQ can go UP to 8,600-9,500 or fall DOWN to 1,150.
View attachment 156428

Failed "Big M" caused a lot of money for a lot of people selling from 2000 HIGH. NASDAQ composite rose from 4350 to 6908 in 2 years instead of falling to 1150. A 59% rise!
Compqx may be in Wave I5]3)5.5:3. Wave :5 might have ended or may end just below 7100.
Wave I5]5) might end at 8600-9500 as said 2 years ago.