Ewj: elliott wave

Five waves UP .
There may be a measured move UP, as five waves .

 

Reverse Head and Shoulders .
If yes, this can send SPX to 1135 or 1160 .

 

Funny, I see an inverse h&s on gold too..

 

Updated gold count

 

http://just-charts.blogspot.com/2009/11/friday-2011-2009-subject-algorithm.html way over my head mu

 

UP as expected, ammo .
mu.

 

The second 5-waves .
There may be another 5-waves .

 

Wave 3]1)1.1:5v has begun as expected .

 

Everything UP as expected .

 

Just trying to the fit the Light Sweet Crude Oil Futures into some meaningful EW pattern....

Take a look and decide for yourself if the risk / reward is worth taking...

CLJ0 90min