May be the beginning of Wave 3). Candlestick topping patterns at the end of Triangles. Evening Stars in INDU, SPX and COMPQ. Bearish Engulfing in NASDAQ. Harami in UTIL, the only one that get near target (466 vs 472).
Yes, very good. We'll see of $usd decides to end 1 of 5 inside (3) under$80, then retrace back to $75ish for 2, then explode, to everyone's shock and amazement (except the large traderz who have been accumulating.....) Wave 3 is the only one worth averaging down for.
Silver is the first to reach target $26. Gold and EUR/USD may follow soon. Crude Oil forecast is wrong.
Gold and Silver rebound from near targets ($1450 and $26). $XEU rebound from previous target (129). May be near the end of Wave 3]3) of Gold, Silver, $USD and $XEU. No comment on Crude Oil.
Weekly MA(50) as resistance for SPX, TRAN and NASDAQ. Candlestick-Star look-alikes in INDU, SPX, NASDAQ, TRAN and UTIL. Wave 3]3) may continue.
Hi,i am working on eminis&p elliot wave ,is there any one to work the same to share our ideas. Best Mana
$USD Wave 3)5 has not reached 82.5 (last high = 81.5). $XEU reached 126 and rebounded. Gold and Silver rebounded from end of wave C3]1)5 near targets and Double Bottom, with something like reverse Head and Shoulders patterns. Crude Oil stalled at "M&m" . VIX at 20.
INDU, SPX, NASDAQ and TRAN show a five wave pattern with short third and fifth wave which is common in wave b and wave 2. Fifth subwave .5 of Wave 2)c below measure move. Wave 2) might end soon.
Crude Oil "m" of the "M&m" pattern confirmed. MACD cut trigger line DOWN. May contineu DOWN as Wave C3]. Gold's and Silver's Head and Shoulders patterns confirmed. May meet MA(50)s and trendline resistances soon. $USD DOWN. $XEU UP.