Ewj: elliott wave

Congratulations Mu and the gang of Elliott Wavers!

Thank you for a great thread! Keep up the excellent work!

 

After gold's bounce from the 50 fib area I'm abandoning my short positions. Attached is my bearish count for EUR/USD -> the final 5th should come and complete "C" to finish the correction from 2000

 

Gold Count... above 1126 is smooth sailing to new highs

 

One characteristic of subwave 3 of wave 3 is "a strong wave" .

 

Well, got to the 1095 and more....

1-2 or ED? Take your pick!

ESH0 15min

 

Thanks stinkyfelix.
mu.

We may be in Wave iv which may go DOWN to 1090 .
Wave v may go UP to 1107 .

 

Gold count update... wave (iv) held above (i) by the skin of its pants!

 

Gold, Oil, SPX, and USD/EUR move UP together as expected .
The UP move looks impulsive .
There may be some correction from 1111 (just above 1107) to 109 then rebound to just above 1120 .

 

One more UP move to 1120 or 1130 .

 

Wave 3]1)1.1:4 has reached the maximum target .
There may be a rebound soon .