USD/JPY fell all the way to 94.98 then rebounded to 99.285. A Head and Shoulders pattern may be forming. Right shoulder might not go above 99.88. Target may be 93 or 91
SPX, NASDAQ and TRAN reached targets 1600, 6200 and 3370 then rebounded from MA(50) to near 50% retracement and show stars and doji. Next may be UP according to AAPL's Head and Shoulders pattern (target = $500) or DOWN according to AAPL's "Big M" pattern (target = $320).
Gold and Silver went no where until yesterday when the "Big M" patterns were confirmed. Downward movements may be stronger. Target = previous lows. Crude Oil "Big M" = a false break. Now at resistance again. Wait for breakout on either side. MA(50) did nothing for $USD and $XEU. Not "Big M" pattern in $USD and "W" pattern in $XEU.
"W" pattern confirmed. Targets may be 1.37. Some resistance at trend channel, previous top, measured move at 1.34 and Wave 4) at 1.35. Note: "W" pattern versus Head and Shoulders pattern.
AUD/USD went as low as .93275 and rebounded from measured move. AUD/USD may stay in range of wave 5, .932 - .979 for some time.
$USD "Big M" pattern confirmed. Wave 2]c) target may be 79.5 or 79. 79.75 = 38.2% retracement of Wave 1].
Head and Shoulders pattern confirmed. Target may be measured move or Wave 1)4 near 90.89. Some support near 93.
EUR/USD could not pass resistance at trend channel, previous top and measured move at 1.34 and fell sharply to 1.319. Next may be more falling.
AUD/USD fell further, may be extended wave 5. Measured move target = 0.89. Previous low =0.855. "Big M" target = 0.81
AUD/USD fell further, may be extended wave 5. Measured move target = 0.89. Previous low =0.855. "Big M" target = 0.81