Ewj: elliott wave

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

  1. Silver Wave 4 invaded Wave 1 territory to end at $16.37.
    Wave 5.1 and 5.2 ended at $13.85 and $14.64.
    Wave 5.3 current low at $13.75 may end near $12.5.
    Wave IV)C5]5)5.5 may end near $12.1 or $11.5.
     
    #10371     Dec 14, 2015
  2. USD/JPY tumbled to 116.128 without going up to 125.85. This may be Wave 3]4)
    Wave 3]5)1,2,3,4 ended at 121.735, 118.065, 123.76, 120.582.
    Wave 3]5)5 or alternate count Wave 3]5)1 may end near 126.36.
    Alternate count Wave 3]5)5 may end near 157.
     
    #10372     Dec 14, 2015
  3. EUR/USD Wave III3]4) ended at 1.17165.
    Wave III3]5)1,2,3,4 ended at 1.10892, 1.14953, 1.05219, 1.10429.
    Wave III3]5)5 may end near previous low at 1.04984 to form an A-B base,
    or near 1.01 and 0.95.
     
    #10373     Dec 14, 2015
  4. INDU may give answer the long term question soon.
    The 3-wave UP from 15,370 to 17,977 may be an a-b-c or 1-2-3.
    The "Big M" pattern points to a fall to 16,933 where the question "a-b-c versus 1-2-3" will be answered.
     
    #10374     Dec 14, 2015
  5. TRAN has multiple confirmed "Big M" patterns lately.
    If the Big "Head and Shoulders" pattern is confirmed, TRAN may go DOWN to 6,700.
     
    #10375     Dec 14, 2015
  6. UTIL rebounded as Wave 3.2 then fall as Wave 3.3:1 as a 5-wave.
    There may be a rebound as Wave 3.3:2 to 575 and
    the a fall as Wave 3.3:3 to 520.
     
    #10376     Dec 14, 2015
  7. SPX broke above neck-line then fell back as a confirmed "Big M" pattern.
    SPX can go UP to 2,260 but this is less likely now.
    SPX may fall to 1,850 soon.
     
    Last edited: Dec 14, 2015
    #10377     Dec 14, 2015
  8. NASDAQ rose to test 2000 High for the fifth time and fell back below MA200 with a tentative "Big M" pattern.
    If the "Big M" pattern is confirmed Wave IV]C1]3)1 target may be 4,250.
     
    #10378     Dec 14, 2015
  9. And the answer is "a-b-c" of Wave V]IV)E1]2).
    The last low at 15,450 may be Wave V]IV)E1]3)1 at the verge of another "Big M".
    Wave V]IV)E1]3)2 rebounded to 16,136.
    If the "Big M" are confirmed, Wave V]IV)E1]3)3 may go DOWN to 14,200.
    For the long term.
    Supercycle Wave III) 1974-2000
    Supercycle Wave IV) 2000 - 2009 or 2016 target around 5,600.
     
    #10379     Jan 24, 2016
  10. The Big "Head and Shoulders" was confirmed and TRAN went DOWN beyond 6,700 to 6,403 and rebounded to 6,879.
    This may be Wave 3)1 and 3)2.
    Wave 3)3 may go DOWN to 5,530 or 5,350.
     
    #10380     Jan 24, 2016