Ewj: elliott wave

There is something wrong with Crude Oil Chart !!!???
UP $2 in one minute :eek: ,
and our target reached .

 

Silver Low $1 off the mark ($33 versus $32) should be forgivable .

 

US Dollar Index goes UP to near 74.40 then goes DOWN to near 73.96 as expected .
Because the rise is strong, Wave :2 may be a running or irregular correction .
Wave :3 may go UP to 75.60 .

 

Silver may rebound 50% to $42 ,
then fall a measured move to $26 :eek: .

 

So this is what Crude Oil consolidation near $100 looks like .
Next may be a measured move DOWN to $83

 

count

 

We have reached the Optimal Prices .
No change in Prices any more .

 

Crude Oil still consolidates around $100 as expected .

 

Dollar index chart may be counted as
a Running Correction, where Wave :3 may go UP to 76.0 , or
a 5-waves pattern, where Wave :3 can go UP to 76.66 .

 

And therein lies the rub.