This new high may be Wave V]V)I3]3)1.5 for a Bull Market to INDU 36,000. Or Wave IV)Bc]5) for Bear Market to INDU 5000. Or Wave IIc]5) for a hundred year Bear Market to INDU 100.
AUD/USD's UP move from late 2008 - 2012 is better count as 1]-2]-3]-4] with Wave 3] a little bit shorter than Wave 1]. Wave 4]d) rebounded from near .95. Wave 4]e) can go DOWN to .98. Wave 5] may go UP to 1.28.
EUR/USD rebounded from measured move near 1.20 If $USD goes DOWN to 78, AUD/USD can go UP to 1.065 and EUR/USD to 1.35.
sure looks like big wave 3 underway on all indices look out above all time highs should be a great chance to get long again long term naz.... can see the wave 3 very clearly
INDU, SPX and NASDAQ. Is this the real break of 1-2 series Wave V]V)I3]3]3 or the false break of Ending Diagonal Wave IV]A)IIc]5)? The characteristics should be very different. The underlying social mood and economy should be different too. Gold and Silver. May be going UP as Wave V1] if the "W" pattern is confirmed or DOWN as Wave IV)C if the "W" pattern fails.
Kondratiev wave Phase B or Fall-Winter might have begun in 1999. If gold standard was used in 1999 until now, INDU' low should be at 14198*5.5/45 = 1735. A 90% decline in a 12-years-old Bear Market. Sold all stocks in 1999 and bought gold then sell all gold and buy stocks at peak gold should get 1000% stocks compare to 1999.
$USD wave count completed, Wave 2]c)5.5 as a parabolic at support near 78.85. $USD may go UP as Wave 3] or go DOWN a bit more to Wave 4) at 78. $XEU has resistance at 132.5 but can go UP to Wave 4) and MA(200) near 136. The last gap may be an Exhaustion Gap. Crude Oil at measured move and resistance level and round number, may go DOWN soon. When feel insecure people sell land and buy gold which is easier to carry while moving.
$USD went UP, $XEU and Crude Oil DOWN as expected. RSI SELL Signals. MACD SELL Signals soon. May be Wave 3]. $USD and $XEU first stops may be MA(200) at 80.70 and 128.42. Crude Oil may go DOWN to measured move near $87. Gold and Silver look like being in topping processes. RSI and MACD SELL Signals soon.
UTIL and TRAN may be leading the equity market DOWN. RSI and MACD SELL Signals or impending SELL Signals in most indices. Wave C3] might have begun.