Commodities met some resistance on the way to measured move target . The UP moves may continue to the mms targets or .618*mms or .382*mms targets . EUR/USD made higher high as expected . USD/EUR made lower low. Note the "Big M" and "W" patterns .
If the Indices cross the Blue Lines UP, they are not Wave 4s . If the Indices cross the Red Lines DOWN, they are not Wave 3s . This matter should be resolved today .
Only Silver reached measured move . Other Indices could make only to .382*mm or .5*mm :eek: . This can be wave :1 . We should watch carefully if the current correction turn impulsive .
If commodities cannot make higher high during "window dressing" Wave V]IV)Ca]4)c may have ended , and we are going DOWN another measured move as Wave V]IV)Ca]5) :eek: . Note: "EUR/USD measured move" looks like a zigzag, next move may be DOWN .
Gold and Silver tanked :eek: . Looks like Wave V]IV)Ca]5) has got the upper hand . This will be confirmed below $1491 and $33.33 .
Gold and Silver rebounds :eek: . EUR/USD and Brent higher highs . Crude Oil higher high soon . Wave V]V)I5]1)1.3 wins . We are going to New All Time High in 2012 at the end of Wave V]V)I5]5) .
It looks as though INDU's & TRAN's Running Correction, SPX's Flat Correction and NASDAQ's Irregular Correction Wave V]V)I4] finally might have ended . We are going to New All Time High in 2012 at the end of Wave V]V)I5] .