NASDAQ's rebound looks more like Wave 2)a-b-c than Wave 1)1-2-3-4-5 because wave 4 is overlapping wave 1. Wave 1)5 can be a wave-5-failure. Wave 3) target is 4,080.
SPX's rebound looks more like Wave 2)a-b-c than Wave 1)1-2-3-4-5 because wave 4 is overlapping wave 1. Wave 1)5 can be a wave-5-failure. Wave 3) target is 1,770.
Silver'low at $13.9 is near 7-year Head and Shoulders' target around $13.7. Multiple measured move target is $12.1. Silver's Bear Market may come to an end soon.
Gold went DOWN as 3 waves to $1,072 just below $1080 target, then rebounded to $1,169, which may be wave 4. Wave 5 can go DOWN to $1,040 just below Wave III4]'s or 2/5/2010's low at $1,044.5.
Crude Oil fell to $42.03 before rebounded to $62.58 just above $60 target, this may be Irregular Correction of Wave 4)c. Wave 5)1 and 5)2 ended at $37.75 and $49.33. Wave 5)3 and 5)5 targets may be $29.5 and $25.5/24.4 .
UTIL's Wave 1 ended at 565.35. Irregular Wave 2 ended at 610.92. Wave 3 fell to 539.96 below Wave 1 and may end at 525.
TRAN's Wave IV)C1]1)5 or IV)E1]1)5 or I4]c? Wave 1] should have 5 sub-waves. Wave 4] should have 3 sub-waves. The UP move will be 1) if there is 5 sub-wave, 2) if there is 3 sub-wave. Just wait and see.
Crude Oil made lower low to $35.35 should be Wave 5)3 whose target is $29.5. If there is a rebound from here a descending wedge may be forming and Wave 5)5 target may be changed to $32. If Wave 5)3 ends near $29.5, Wave 5)5 target would be $25.5/24.4.
$USD : No higher high, but lower low to 92.62 = Wave 4]c). Wave 5]1)3 ended at 100.51. Wave 5]1)5 may end near 101.5 or 104.5.
Gold moved to higher high before going DOWN to $ 1,045.40 just above Wave III4]'s or 2/5/2010's low at $1,044.5. After a rebound to near $1,104 Gold may fall to double measured move at $967.