Ewj: elliott wave

No Black Monday :eek: .
INDU's, SPX's and TRAN's Bearish Engulfing, NASDAQ's Evening Star and UTIL's Harami Cross,
might foretell a "Black Week" .

 

Crude Oil DOWN as expected, next measured move may be $85 .
Gold DOWN as expected, next measured move may be $1650 .
Silver DOWN near $31 as expected, next measured move may be $30.5 .
EUR/USD DOWN as expected, next measured move may be 1.36 .
AUD/USD DOWN near 1.01 as expected, next measured move may be 0.99 .
VIX UP as expected, next measured move may be 60 .

 

Crude Oil fell to near $85 then rebounded to $89.5 and fell to $85 again .
Gold fell below $1650 then rebounded to $1666 and fell to near $1600 .
Silver fell to just below $30.5 then rebounded to 32.3 and fell to just below $30.5 again .
EUR/USD fell to 1.365 the rebounded to 1.387 and fell to 1.367 .
AUD/USD fell to 1.015 then rebounded to 1.035 and fell to 1.0145 .

 

INDU -> Bearish Engulfing, Piercing, Dark Cloud Cover .
SPX -> Bearish Engulfing, Bullish Engulfing, Dark Cloud Cover .
NASDAQ -> Evening Star, Bullish Engulfing, Bearish Engulfing look-alike .
TRAN -> Bearish Engulfing, Bullish Engulfing, Dark Cloud Cover .
UTIL -> Harami Cross, ?, Shooting Star .

 

Head and Shoulders patterns in $XEU, Gold, Silver and WTIC charts.
Reverse Head and Shoulders pattern in $USD.
$USD fell below MA(50w) and top of Wave 1).
$XEU met "M" neckline, MA(50w) and MA(200w).
Silver under "M" neckline and MA(50w).
Crude Oil under MA(50w), previous high and previous low, MACD cut trigger line UP.
$VIX's "W" pattern failed, MACD cut trigger line DOWN.

 

MACD crossed trigger lines UP in INDU's, SPX's, TRAN's and NASDAQ's charts with potential Head and Shoulders patterns.
MA(50w) = resistances.

 

EUR/USD resistances at Wave 1) low = 1.39693 and 61.8% retracement = 1.4

 

AUD/USD broke all resistances and fell from 1.05 .

 

SPY weekly on wave-2?

 

INDU's, SPX's, NASDAQ's and TRAN's "W" patterns won.
Now at previous lows and/or MA(200).
Looks like fifth wave of wave three or c .