{"id":50432,"date":"2014-05-02T10:39:14","date_gmt":"2014-05-02T14:39:14","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=50432"},"modified":"2014-05-02T10:40:55","modified_gmt":"2014-05-02T14:40:55","slug":"elliott-wave-analysis-gold-crude-oil-and-sp500-intraday","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/02\/elliott-wave-analysis-gold-crude-oil-and-sp500-intraday\/","title":{"rendered":"Elliott Wave Analysis: GOLD, Crude OIL and S&#038;P500 Intraday"},"content":{"rendered":"<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\"><span class=\"zw-portion\">S&amp;P futures market reversing from the highs, but current downward leg can be part of a complex correction with support for wave c seen at 38.2 and 50% fib. levels. 1384 remains critical level; trend bullish above it. <\/span><span class=\"zw-portion\"><br class=\"zw-br\" \/><\/span><\/p>\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\">\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\"><span class=\"zw-portion\" style=\"font-style: italic;\">S&amp;P Futures (June 2014) 1h Elliott Wave Analysis<\/span><\/p>\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\">\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\"><span class=\"zw-portion\"><img decoding=\"async\" class=\"zw-image\" style=\"width: 544px; height: 542.932px;\" src=\"https:\/\/docs.zoho.com\/writer\/image.do?imgurl=3f05edc52d15f585b2277258170ce57cc0532e670bcd786632ffebfce0186984ffa4ffcc8752da5b79b529e8c43594f5\" alt=\"\" \/><\/span><span class=\"zw-portion\"><br class=\"zw-br\" \/><\/span><span class=\"zw-portion\"><br class=\"zw-br\" \/><\/span><span class=\"zw-portion\">That&#8217;s deep pullback on GOLD from 1306 but because of overlaps and seven legs we see this move as corrective; ideally a double zigzag. Watch for a push above the trendline and 1297 swing that will confirm further bullish swings, back to 1306.<\/span><\/p>\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\"><span class=\"zw-portion\"><br class=\"zw-br\" \/><\/span><span class=\"zw-portion\" style=\"font-style: italic;\">GOLD 1h Elliott Wave Analysis<\/span><\/p>\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\"><span class=\"zw-portion\"><img decoding=\"async\" class=\"zw-image\" style=\"width: 551px; height: 548.931px;\" src=\"https:\/\/docs.zoho.com\/writer\/image.do?imgurl=3f05edc52d15f585b2277258170ce57cc0532e670bcd786632ffebfce01869849ab2cb774df757b6de1623392e7c9c25\" alt=\"\" \/><\/span><\/p>\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\"><span class=\"zw-portion\">Because of only three waves from the low crude oil remains bearish, so we anticipate further weakness either from current levels or maybe from around 100.50 if recovery gets complex.<\/span><span class=\"zw-portion\"><br class=\"zw-br\" \/><\/span><\/p>\n<p class=\"zw-paragraph\" style=\"margin-top: 0in; margin-bottom: 0in;\"><span class=\"zw-portion\" style=\"font-style: italic;\">Crude Oil (June 2014) 1h Elliott Wave Analysis<\/span><span class=\"zw-portion\">\u00a0<\/span><\/p>\n<p class=\"spacer-para\" style=\"height: 20px;\"><span class=\"zw-portion\"><img decoding=\"async\" class=\"zw-image\" style=\"width: 542px; height: 595.926px;\" src=\"https:\/\/docs.zoho.com\/writer\/image.do?imgurl=3f05edc52d15f585b2277258170ce57cc0532e670bcd786632ffebfce018698492f603dd23c3f6df26161b62fd6f360f\" alt=\"\" \/><\/span><\/p>\n<p class=\"spacer-para\" style=\"height: 20px;\">By <a href=\"http:\/\/ew-forecast.com\/\" target=\"_blank\">ew-forecast.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>S&amp;P futures market reversing from the highs, but current downward leg can be part of a complex correction with support for wave c seen at 38.2 and 50% fib. levels. 1384 remains critical level; trend bullish above it. S&amp;P Futures (June 2014) 1h Elliott Wave Analysis That&#8217;s deep pullback on GOLD from 1306 but because &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2014\/05\/02\/elliott-wave-analysis-gold-crude-oil-and-sp500-intraday\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Elliott Wave Analysis: GOLD, Crude OIL and S&#038;P500 Intraday&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-50432","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=50432"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/50432\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=50432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=50432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=50432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}