Ewj: elliott wave

Discussion in 'Technical Analysis' started by mu200411, Aug 13, 2007.

  1. NASDAQ is under the influence of a large "W" pattern since the year 2000 which is almost complete.
    This may be Cycle A-B part of a 16-year Flat Correction of Super-cycle Degree Wave IV).
    Robert Prechter counted 1966-1982 as a 16-year complex correction.
    Intermediate Wave5) may be an Ascending Triangle or Ending Diagonal.
     
    #10311     Mar 9, 2015
  2. SPX new high can be part of an Expanding Triangle like in the year 1973.
    The peak was in March. Note the 3-3-3-3-3 pattern.
    SPX is at 261.8% Fibonacci Advancement.
    Wave 5) may be an Ascending Triangle or Ending Diagonal.
     
    #10312     Mar 9, 2015
  3. INDU 2000-2016 wave may be like INDU 1966-1974 Expanding Triangle.
    Note a Flat top like current SPX triangle.
    INDU is just above Expanding Triangle upper borderline.
    Wave IV]IV)Dc]5) may be an Ascending Triangle or Ending Diagonal.
     
    #10313     Mar 9, 2015
  4. USD/JPY made a Triangular Correction then headed UP.
    Targets may be 126.5 and 134.
    Note: "W" pattern.
     
    #10314     Mar 9, 2015
  5. USD/JPY broke previous top at 121.850 and went up to 122.025.
    This may be Wave 3]3)5.3.
    Wave 3]3)5.5 might end near measured moves at 124, 127.5 or 129.3.
     
    #10315     Mar 13, 2015
  6. $USD passed 99 target and moved on to 100.06.
    This may be Wave 3]5)5.3.
    After Wave .4 ends, Wave 3]5)5.5 may reached 61.8% Fibonacci Retracement target at 102.
     
    #10316     Mar 13, 2015
  7. EUR/USD took a dive to 1.049. This may be Wave .3 .
    After Wave III3]3)5.4 ends,
    Wave III3]3)5 or Wave III3]5) can go DOWN to 1.020.
     
    #10317     Mar 13, 2015
  8. Crude Oil didn't go up as expected but fell to $44.75 near previous low.
    If this is a Flat Correction, Crude Oil may return to $54.24 as Wave 3)4.c .
    Wave V]IV)C3]5) can go DOWN to $37 or $31.
     
    #10318     Mar 13, 2015
  9. Interest sensitive UTIL leads the way DOWN.
     
    #10319     Mar 14, 2015
  10. NASDAQ: One or No more last push to new high around 5,200.
     
    #10320     Mar 14, 2015