EUR/USD H1 Update

So far wave 5 is in three waves. One more needed.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/eurusd-h1-update_5932.html

EUR/JPY M30 Update

So far, so good: wave 5 target area hit.
Anyway, looks like it is missing one more wave up...


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/eurjpy-m30-update_18.html

NASDAQ Futures H4 Update

Motive wave (i) in form of 5-3-5-3-5 Leading Diagonal looks like it is over.
Wave (ii) has bottomed on previous demand area.
Now we are in early stages of  impulsive wave (iii).

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/nasdaq-futures-h4-update_5468.html

GBP/USD H1 & Daily Update

Alternative target for wave 5 of 1 has been hit: it is SUPPLY are on Daily chart.
Please notice there might be one moew wave to the upside as the recent move is in three waves so far I guess.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/gbpusd-h1-update_3913.html

S&P500 H1 & H4 Update

Bearish count on S&P500 has been invalidated so the correction is not over just yet.
As far as I can count the most suitable labeling is presented below. In Elliott terminology it is called Mixed Uprising Three Complex Correction ( labeling is different on pic but the same idea).

The target for this last wave Z is  somewhere 1448 - 1450 area.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/s-h1-h4-update_18.html

Gold XAUUSD Daily Update

Just a re-labeling of my daily chart due to bullish count invalidation.

Please notice where is the ultimate wave 4 bottom area: 1539 - 1525.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/gold-xauusd-daily-update_18.html

GBP/JPY H1 Update

The Gap make a lot of confusion in the correct labeling attempts but I will try this one: I use to trat a gap as wave 3.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/gbpjpy-h1-update_18.html