Ewj: elliott wave

NASDAQ just above measured move resistance.

 

According to the pink recount, AUD/USD may be going DOWN as Wave IIc]5) to Wave I4] and measured moves around 0.81-0.83 .
Note also: "Big M" pattern.

 

Gold @$1239 near $1250 target, previous low ($1251) and MA(50).
Witt go DOWN to $1100 - $1050 too?

 

Gold was afraid of $1250!

 

Gold at resistance $1520-$1265.
AB-base => $1300.
1-2-3-4-5 => $1150.

 

EUR/USD moved DOWN as a 5-waves, then rebounded as 3-waves.
Next may be wave 3 to 1.335.

 

$USD moved UP to 81.39 near weekly MA(50) resistance at 81.6 as 5-wave,
then fell to 80.15.
Next may be going UP a measured move to trend-line resistance near 82.0,
or DOWN to 79 as indicated by "Big M" pattern.

 

INDU fell from the Upper Trend-line.
Note "Big M" pattern target = 15703.79.
Is this the beginning of a bigger correction?

 

SPX fell from the last measured move resistance.
Note "Big M" pattern target = 1769.99.
Is this the beginning of a larger correction?

 

NASDAQ fell from the last measured move resistance.
Note: Ascending Wedge.
Target may be 4097.399.