$USD, $XEU, Gold, Silver and Crude Oil wave-fours broke blue support and resistances. May go DOWN and UP to red support and resistances.
This time wave five is short. Wave 3]2) may be a Double Zigzag. INDU SPX NASDAQ TRAN UTIL targets. 12800 1313 2760 5300 472
UTIL Double Zigzag UP as Wave 3]2)c as expected, MACD BUY Signal. INDU, SPX, NASDAQ and TRAN may follow UP soon.
$USD rebounded from red support, Gold and Silver fell from red resistance, Wave 3) trends may continue. Crude Oil UP approaching red resistance, may be in Wave 2 counter trend.
EUR/USD short wave five may be, in fact, Wave :4â. The rebound to 1.320 may be Wave 3)3.5:4ã. The fall from 1.3120 may be Wave 3)3.5:5iii. Wave 3)3.5:5v may end near 1.270.
AUD/USD short wave five may be a wave five failure. The rebound to 1.022 may be Wave III2]c)2. Next may be Wave III2]c)3 to 0.973.
The market breadth is strong. New 52-week Highs Vs New 52-week Lows: 153 Vs 14 this afternoon. Stocks seem to be looking up instead of looking down.
Dow Theory BUY Signal. MACD BUY Signal in all indices. Wave 3]2) seems to be a Double Zigzag. UTIL 462.94 near target 472. Same targets as quote.