Ewj: elliott wave

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

 

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

 

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.

 

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.

 

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

 

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

 

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

 

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 .

 

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

 

NASDAQ's Wave IV)C may be unfolding.