Ewj: elliott wave

VIX reached first target .
Will the VIX rush to second target @89.53 .

 

SPX reaches measured move @1122 as expected .
This may be the last 5th wave of Wave V]IV)C3]1) .
IF SPX fall further, this may be Wave V]IV)C3]1)3.3 ,
and there may be another Wave V]IV)C3]1)5 .
Wave five is treacherous .

 

Crude Oil rebounds from $75 ,
near target $70, but there may be one move wave to go to $70-71 .

 

Only INDU stop at measured move, other indices went beyond :eek: .
Wave three cannot be the shortest.
The last wave may be Wave V]IV)C3]1)3.3 not Wave V]IV)C3]1)5.
There may be two more wave-fives to go, Wave V]IV)C3]1)3.5 and Wave V]IV)C3]1)5 .

 

I found this rumor from Bloomberg.com report this morning: "… in Asian trading amid speculation the U.S. will announce measures
to support the market and as state- run funds in South Korea and Taiwan bought shares".

And perhaps there will be some bargain hunting at this level as well ?

 

Rebound after Wave V]IV)C3]1)3.5 as Wave V]IV)C3]1)4 should end around here near 11112 .
Rebound after Wave V]IV)C3]1)5 as Wave V]IV)C3]2) should end near 11548 .

 

Crude Oil rebound reaches measured move.
Wave V]IV)Cc]3)5.4 should end here .
Wave V]IV)Cc]4) may end near $88

 

Crude Oil rebound looks more like Wave V]IV)Cc]3)5.4 .

 

Tuesday's rebound may be Wave V]IV)C3]1)4 .
Wenesday's fall may be Wave V]IV)C3]1)5 which may go DOWN to SPX 1060 or SPX 1015 .

 

Crude Oil Wave V]IV)Cc]3)5.4 looks like an Ending Diagonal now .
May breakdown soon .