Wave 3]3)1 may be an ascending wedge , or Dow's Wave 3]2) may be an Irregular correction, SPX's Wave 3]2) a Flat, and NASDAQ's Wave 3]2) a triangle .
Crude Oil is at measured move but can extend to $120 :eek: . Gold measured move is $1500 but wave five can be a failure .
Yes jfranco, Elliott Wave told me that 'Gold and Crude Oil are going UP' long before Arab uprisings, 11 March Japan earthquake and tsunami, etc. Sometimes I got it right, sometimes I got it wrong :eek: . But Elliott Wave is always right . mu. ED is still working . There may be a rebound from SPX 1306 +- 20 .