Ewj: elliott wave

Discussion in 'Technical Analysis' started by mu200411, Aug 13, 2007.

  1. Gold's Shooting Star and Silver's Bearish Engulfing confirmed :cool: .
    MACD and RSI bearish.
    Crude Oil shows Bullish Engulfing :confused: .
    VIX shows Counter Attack, MACD may cut trigger line UP today.
    Note Bullish Flag and "W" patterns.
    $USD's RSI cut 70% line UP, bullish territory.
    79.5 may be resistance.
    Note "W" pattern.
    $XEU rebounded as expected :cool: .
    May be wave 4.
    $XEU's RSI cut 30% line DOWN, bearish territory.
    Note equal distance from MA(200) and "Big M" pattern.
     
    #9531     Sep 13, 2011
  2. $USD's Wave 3)4 met "W" neckline support, may rebound as Wave 3)5 to 81.5 :confused: .
    RSI should cut 70% line DOWN 3 times before turning bearish.
    $XEU's Wave 3)4 met channel resistance, may fall as Wave 3)5 to 130 :confused: .
    RSI should cut 70% line UP 3 times before turning bullish.
    Crude Oil met 4 resistnaces, June' low, trendline, ascending wedge and MA(50), may fall again :confused: .
    VIX rebounded from "W" neckline twice = fractals.
    May break the bigger "W" neckline again :confused: .
    MACD may break trigger line UP soon.
    Gold's and Silver's MACDs and RSIs are bearish.
     
    #9532     Sep 14, 2011
  3. AUD/USD may rebound as Wave IIc]5)4 :) ,
    from 1.018 or 1.006 to 1.036 :confused: .
    then fall as Wave IIc]5)5 to 0.96 :eek: .
     
    #9533     Sep 14, 2011
  4. EUR/USD's UP move looks corrective, may be Wave 3)4 .
    Wave 3)4.c:5 may end here near 1.38 or at 50 % retracement = 1.39 :confused: .
    Note Head and Shoulders pattern.
     
    #9534     Sep 15, 2011
  5. Crude Oil's Head and Shoulders fractals.
     
    #9535     Sep 15, 2011
  6. AUD/USD rebounded from near 1.018 as expected :cool: .
    Now near 1.036 target :D .
    What is next :confused: ?
    Wave IIc]5)5 or Wave IId] :eek: .
     
    #9536     Sep 16, 2011
  7. Crude Oil doesn't want to go DOWN, but can't go UP :mad: .
    Because of the resistances: MA(50), Wave V]IV)Cc]1) low, 38.2% retracement, resistance trendline and Head and Shoulders neckline.
    Crude Oil tested $90 five times.
     
    #9537     Sep 16, 2011
  8. EUR/USD reached 1.39 target.
    Note resistance trendline and 50% retracement.
    There may be one more wave or may be not :confused: .
     
    #9538     Sep 16, 2011
  9. Gold's DOWN move gone parabolic :eek: .
    But near measured move :) .
    There may be a rebound to test $1790 level.
    Then Mr.Market may decide to go to $1700 or $2000 :confused: ?
     
    #9539     Sep 16, 2011
  10. spx
    without a wave 5 .... just a pullback in an up trend
     
    #9540     Sep 16, 2011