Reverse Head and Shoulders patterns confirmed. INDU up to near 12700 and SPX up to near 1350 as expected. All indices at MA(50) or resistance levels should go DOWN soon.
$USD still at support and $XEU at resistance. May reverse direction soon. Crude Oil "Death Cross" but MACD and RSI show BUY Signals. May go DOWN soon. Gold UP to meet resistance. May go DOWN soon. Silver sideway. May fall soon.
Crude Oil @ $78 may reach $75 target soon. Gold recent low = $1520 may break $1500 soon, then DOWN to $1300.
Indices made false breaks through the MA(50) then fell back hard to below previous high so these are no wave 4. The falls since April look impulsive. Next may be wave 3 or c to lower low. Note: MACDs change direction, may give SELL Signals soon. Note also UTIL's RSI and MACD SELL Signals.
Gold and Silver falls look impulsive. Wave 5s may take Gold and Silver to new lows. Gold's and Silver's show SELL Signals. RSIs are returning to bear level. Crude Oil new low = wave 5 which may go DOWN to $75. $USD and $XEU are going UP and DOWN as wave 5.
Will there be fifth wave DOWN in INDU and SPX to MA(200) at 12300 and 1300. If there is, Gold and Silver may have too. And Crude Oil can go DOWN to $75, while $XEU makes new low. MACDs may give SEL Signals soon.
$USD UP as planned. $XEU, Gold and Silver also DOWN as expected. But Indices are UP, may be oscillation between MA(50) and MA(200). Note: MACD SELL and BUY Signals soon.
$USD steep fall, then resumes UP trend, may be wave .1-.2-.3. $XEU strong rebound, then resumes DOWN trend, may be wave .1-.2-.3. Gold's and Silver's wave 5s a little bit short, may be Wave 1)5 or 5.1, the rebound may be Wave 2)a or 5.2. MA(50) = resistance. Crude Oil rebound may be Wave 2). MA(50) = resistance.
Indices UP, but still look corrective. The strongest sector in the strongest economy may be the last to enter Bear Market.
$XEU near target at just below 1.22 may be Wave 1)5.3 Wave 1)5.3 might have ended or may end soon, then there would be a rebound as Wave 1)5.4. $USD may be in Wave 1)5.4, next may be Wave 1)5.5. Gold, Silver and Crude Oil meet MA(50) resistance. INDU and SPX rebound, may be Wave 3)1.1:2.