Ewj: elliott wave

Here's a daily view for the bears...

CLJO Daily

 

Wave 3]1)1.1:5 may be extending to completed the reverse Head and Shoulders pattern .

 

if it does not extend, was 33/34 your original projection

 

Neely in hot water again, I guess.

 

ammo,
First target reached .
Final target of the r-sHs may be 1155 - 1160 .
mu.

 

Gold UP $100 from $1049 .
Gold Makes Nominal Highs in Sterling and Euros .
http://www.marketoracle.co.uk/Article17619.html
Can gold go UP to $1400 .
Crude Oil to $120 .
SPX to 1500 .
EUR/USD to 1.14 .

 

thanks mu

 

P2 Could Be Over . . .

C = A on the RUT yesterday at roughly 667.79

With "A" having traveled from 342.59 to 535.86

With "B" having bottomed in early July at roughly 474.52 and traveling 193.27 points to 667.79 in a 5-wave ending diagonal.

Yesterday's RUT High: 668.16

 

A complete wave count and triple measured move should render a significant resistance at 1160 .

 

thanks for infos. i should also spend more time on this kind of trading.