Amazingly, for $Compq we still have wave 1 start set at 2270 on 12/31/09, wave 1 top is now 2326 set on Monday 01/11/10, wave 2 bottom is now 2273 set yesterday 01/12/10 which again puts wave 2 center at 2300 and projects a 2300 - 2270 = 30 + 2300 = 2330 short term wave 3 up target.

As for $Gold, we have not as yet gone below the 1115 short term wave 4 low (low so far was 1118.8 set today) so we are still in short term wave 5 up with a target of 1169. We closed at 1138.4 today.

$Usd's short term wave 4 low of 77.08 was broken last Monday and a new short term wave 4 low of 76.6 was set today. This low will most likely be broken if $Gold continues to its 1169 target. If it holds, short term wave 5 up targets the 80.8 area. We closed at 76.85 today.