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Elliott Wave Counts For Multiple Products 6th Dec 2017

|Includes: CSOP FTSE China A50 ETF (AFTY), CPER, GLD, SGAR, SLV, SPY, USO, UUP

Summary

Generally, expect USD strength against all products covered here.

Note that most of the products covered are in longer timeframes, meaning you have to use smaller size to reduce your PnL volatility while you ride the trend.

Trade with stop slightly away from obvious resistance/support.

Currencies

EURUSD Hrly Elliott wave counts 6th Dec 2017 EURUSD Hrly Elliott wave counts 6th Dec 2017

GBPUSD Hrly Elliott wave counts 6th Dec 2017 GBPUSD Hrly Elliott wave counts 6th Dec 2017AUDUSD Daily Elliott wave counts 6th Dec 2017 AUDUSD Daily Elliott wave counts 6th Dec 2017

USDJPY Hrly Elliott wave counts 6th Dec 2017 USDJPY Hrly Elliott wave counts 6th Dec 2017

Commodities & Precious Metals

Copper Hrly Elliott wave counts 6th Dec 2017 Copper Hrly Elliott wave counts 6th Dec 2017Sugar Daily Elliott wave counts 6th Dec 2017 Sugar Daily Elliott wave counts 6th Dec 2017


Crude Oil Daily Elliott wave counts 6th Dec 2017 Crude Oil Daily Elliott wave counts 6th Dec 2017Gold Daily Elliott wave counts 6th Dec 2017 Gold Daily Elliott wave counts 6th Dec 2017

Silver 4Hrly Elliott wave counts 6th Dec 2017 Silver 4Hrly Elliott wave counts 6th Dec 2017

Equities

S&P Daily Elliott wave counts 6th Dec 2017 S&P Daily Elliott wave counts 6th Dec 2017China A50 Daily Elliott wave counts 6th Dec 2017 China A50 Daily Elliott wave counts 6th Dec 2017

Summary

Generally, expect USD strength that affects currencies and commodities. Equity markets seems to have exhausted their uptrend.

Note that Gold and Silver may have exhausted their downtrend and may recover and go into an uptrend instead. So they are really very short-term counts (I may have draw too long an arrow down). Thus, trade Gold and silver short for the short-term with a tight stop loss and be ready to go long - especially when the equities crashes.