Ewj: elliott wave

Triangular Corrections in DJI, SPX and Compqx :eek: .
UP to round number DJI 13000, SPX 1400 and Compqx 3000 or
DOWN to DJI 12300, SPX 1300 and Compqx 2760 .

 

DJI 12457, SPX 1324, NASDAQ 2764 .
Only DJI -157, SPX -24, NASDAQ -4 to go to targets .

 

Gold, Silver and Crude Oil charts looks like pennants .
Crude Oil has been struggling around $100 for 9 days .
Next moves may be DOWN to targets .
USD/EUR rose as 5-waves and fell from near .714 target ,
next move may be UP to .74 :eek: .

 

USD/EUR breaks out of Desending Wedge .
Gold, Silver and Crude Oil should resume DOWNWARD trend soon .

 

Reverse Head ans Shoulders pattern versus Big "M" patterns .
US Dollar index r-sHs, if confirmed, would pointed to 78.4 .
The Dow, SPX, NASDAQ confirmed "M" patterns with return moves might suggest Dow 12200, SPX 1305 and NASDAQ 2710 .

 

Silver not down yet .
USD/EUR up as expected .
Gold and Crude Oil up too .

 

USD UP. Gold, Silver and Crude Oil DOWN as expected .
All the moves look impulsive .
If supports and resistance are broken, there may be another large measured move for each .

 

A measured move UP will send US Dollar Index to 0.74 .
A measured move DOWN will send
Gold to $1380 ,
Crude Oil to $80 ,
Silver to $23 :eek: .

 

Silver to $23? Are you high? You havent been pegging these prices that well lately.

 

AUD/USD low = 1.044 near the measured move @ 1.040 .
AUD/USD below 1.023 would change the count to Wave 4] .