Ewj: elliott wave

USD/JPY met resistance channel near target.
Can reverse trend at any time.

 

The most expensive macroeconomic experiment is coming to an end.
Note Volume.

 

What is wrong with the Volume.

 

NASDAQ met resistance at some arbitrary lines.

 

UTIL showed Bearish Engulfing look-alike at previous tops' level.
Note very "Big M" pattern waiting to unfold.

 

Note TRAN's Expanding Triangle Wave V]III)D's Volume.

 

$USD Wave 3]1)3 target may be 86.5 and Wave 3]5) 91.
Note reverse Head and Shoulders pattern and Fibonacci ratio.

 

A lot of RSI and MACD SELL Signals in indices.

 

Is it possible that USD/JPY goes all the way DOWN to 97?

 

MACD and RSI SELL Signals in Goog and Crude Oil.
MACD SELL Signals in $USD but MA(50) is still rising.
MACD and RSI BUY Signal in Silver, may be no new low for sometime.
RSI BUY Signal in Gold, may be no new low for sometime.
MA(50) will cut MA(200) DOWN in $XEU soon.