Ewj: elliott wave

1360 could be another chance to get long

 

Wave five is tracherous. Sometimes it doesn't show up, sometimes it fails but this time it extends again and again :eek: .
This can be wave c or wave 1) of 3]. Wave 1 psychology is uncertainty. Wave c psychology is like wave 3, i.e., everyone agrees that the Bull Market will continue.

 

Global markets show the same pattern. They should go UP or DOWN together.

 

Gold rebounds from Wave 4 and is making a new high .
If so Gold may go UP to $1580 :eek: .
If not there may be a "Head and Shoulders",
and Gold may fall to $1158 .

 

Oil chooses to go another wave UP
We may see $100 crude oil before $60 .

 

End of Wave subwave 5 of subwave 5 of wave 5 .
Looks like Global markets are going DOWN together .

 

Crude Oil @ $100 as expected .
But wave five is tracherous, sometimes it doesn't show up, sometimes it fails, sometimes it extends again and again :eek: .

 

we got a close below daily 20sma

here comes the bulls... all dressed in horns

 

wave 3 can't be the smallest.

 

Long-time rulers of Egypt & Tunisia toppled.
What degree is this correction? What's next? .
Looks like a Right Shoulder is forming :eek: .