Ewj: elliott wave

USD/JPY went UP to 100.434. then DOWN to 99.572.
After that USD/JPY went UP to previous top at 103.656.
May go UP to measured moves near 105.5 or finished here.

 

Three waves DOWN can be wave a-b-c or wave 1-2-3.
The former is for a minor correction.
The latter is for a bigger one.
http://www.elitetrader.com/vb/attachment.php?postid=3909957

 

Gold and Silver 3 waves UP and 3 waves DOWN, may be a-b-c and 1-2-3 with wave 4 and 5 in store.
Or may be a-b-c and a-b-c in A-B base with a large rebound to follow.
Crude Oil stuck at MA(200).
$USD sideway, may be going UP soon.
$XEU near previous top, there may be some set back soon.

 

.......market still in wave 3

.....already past the meat of it though

.... there are no bear markets.... only pullbacks in bull markets

 

Measured move target 104.5 reached.
May be going UP to 105.5 or going DOWN.

 

Gold $1191 almost touched $1190 measured move target.
Rebound or DOWN to $1179 low.

 

Crude Oil multiple resistances broken: MA(50), MA(200), wave 4, previous highs.
Next resistances = $100.42, $102.22, $104.38.
Note: reverse Head and Shoulders pattern.

 

Bears' Last Hope:
INDU at measured moves.
INDU at Upper Resistance Trend-line of something look like a very Big Expanding Triangle.

 

SPX also at measured move.
But the Upper Resistance Trend-line was blown out.

 

NASDAQ also at measured move.
Final movement looked like Parabolic.