Sell -> Buy -> Sell: INDU, SPX and TRAN: Shooting Star -> Hammer -> Dark Cloud Cover. NASDAQ: Evening Star -> Counter Attack -> Harami. UTIL: Bearish Engulfing -> Hammer -> Doji . MACDs may cut trigger lines DOWN in two days. Equity Put/Call R20 may reach .95 in two days then rebound while indices go below Aug low.
$USD reaches target MA(200) as expected . May go UP to measured move target at 77.25 . $XEU breaks MA(200) support, may go DOWN to measured move at 136 . Crude Oil: Dark Cloud Cover just below MA(50), Wave 4) 21 days = Wave 2) : Wave Equality in time. Crude Oil's Wave 5) should come soon within 1 or 2 days, or not at all . Gold: Double Top, Atypical Shooting Star and Evening Star -> Bullish Engulfing look-alike . Silver: Harami, Hammer -> Morning Star look-alike . Both Gold and Silver 3-waves, may be corrective waves.
EUR/USD near measured move at 1.36 as expected . Wave count is not quite complete. There may be a rebound near 1.36 .
Wave C3]1)5 might have begun . Head and Shoulders patterns should be confirmed soon. UTIL's MACD cut trigger line DOWN, others may follow soon . Equity Put/Call R20 rises to form a lower high, SPX may form a lower low as Wave C3]1)5 . Previous Chart: Gold showed Hammer, Silver showed Bearish Engulfing, MACDs below trigger lines = may fall further. Crude Oil falls after 21th day of ascending wedge, should be Wave 5) as expected . VIX's MACD may cut trigger line UP soon = Higher High.
EUR/USD Jun 2010 - May 2011 = 3 waves. The first wave was invade. The move is a correction. EUR/USD can go below 1.188 :eek: .
Hammers in INDU, SPX, and TRAN. Piercings in NASDAQ and UTIL. May be wave one-two, one-two. Return moves of Head and Shoulders patterns in INDU, SPX and TRAN, or failed Head and Shoulders patterns . MACDs will cut trigger lines DOWN today and tomorrow. Bearish Flags in INDU and SPX. Reverse Head and Shoulders in TRAN . Equity Put/Call R20 is forming a lower high = new low .