Crude Oil

Crude oil may have completed a zigzag as of Tuesdays high. Support is at 33.75, 32 and 30.25 on the USO etf shown below. A move back above Tuesdays high within the next few days would negate that count with a possible next target near 41 or 44.

Copper wave 5

The copper etf JJC has completed wave 4 and is now in wave 5. Initial target is 34. Above 36 is more likely where the top will be.

S&P 500 wave 4 complete, VPRT

S&P 500

It's looking like the wave 4 count is the correct count from the early may high. That would make the May top a wave 3 (or possibly wave A). Wave 4 probably ended late last week. If not it could finish by the middle or end of next week. The target for wave 5 would be 980-1000 unless it extends. An extended fifth wave could go much higher. This is possible since waves 1 and 3 are about the same length.



VistaPrint

VistaPrint Limited, symbol VPRT looks like it is about to end a wave 4 with a fifth wave target in the mid-upper 40's.