Good evening to one and all.

May you all be mightily Blessed by the one and only Messiah Yeshua tonight.


 



EURUSD.


EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.


EURUSD is slowly climbing into position to complete at fourth wave correction.
The price is tracing out five waves up in wave (c) and should break 1.1896 at the wave (a) high to complete the pattern.
the upper target for wave (c) lies at the previous wave (iv) at 1.1975.

Monday;
Watch for wave (c) to complete early next week and then we should begin a decline into wave (i) of [v].


GBPUSD


GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.


Cable is close to completing a second wave correction now.
The price has traced out a three wave pattern sideways over the last few sessions.
And this evening the price is approaching that wave (a) high again at 1.3896.
Wave (c) of [ii] will hit the upper channel line at 1.1910 or so.
That will complete the minimum expected target for wave [ii].
The upper limit for wave [ii] lies at 1.40 where the high of wave (iv) lies.

Monday;
Watch for wave (c) of [ii] to complete with a break of 1.3896.
Wave [iii] down should begin next week.


USDJPY.


USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.


I mentioned the new alternate count for USDJPY in the video earlier today.
The action over the next couple of sessions will determine the usefulness of that idea.
I think if wee break 111.00 again we can switch back to a bullish stance here.
but for the moment I am still going to consider the move off the wave ‘B’ high as wave ‘C’ of (2).
And the target lies at 107.47 at the wave ‘A’ low.

Monday;
Watch for wave (ii) of [ii] of ‘C’ to hold below 110.80 and then fall into wave (iii) of [iii].
Wave (iii) of [iii] should fall into 108.55.


DOW JONES.


DOW 1hr.

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DOW daily.


The action in the stock market today pretty much confirmed my worst fears regarding the short term count.
The market is finishing the day at a lower high again without reaching a new high like the S&P,
so there is still a hint of validity to the previous idea,
but the fact that this weeks decline only traced out a three wave decline and not a five wave pattern is too much to ingnore now.
and the fact that the rally today has retraced all of that decline doe go a long way to confirming this as a correction and not the beginning of wave [iii] down.

So now I must concentrate on this new alternate count for wave [v].
WAve [iv] seems to be a straight forward zigzag correction.
And now wave [v] must reach a new all time high in five waves.

the only question here is what pattern will that five wave move take.
The alternate for wave [v] says wave (v) of [v] is only a few points from completing now.
the main count allows for a rally to continue.

Its a toss up between the two here to be honest.
We will know a whole lot more next week if that alternate is true or not.

Monday;
Watch for wave [v] to continue towards its zenith.
A new all time high on Monday is likely.
And the action from that point will tell alot.
A break of 34000 again will be the first sign that favors the alternate for wave [v].


GOLD


GOLD 1hr.

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GOLD daily.


We have three waves up today to another small lower high in wave (ii) of [v].
This action suggests that wave (iii) of [v] will begin on Monday and fall below 1750 at a minimum.
Wave [v] is still targeted towards that lower trend channel line at 1670 or so.
and that could easily be reached next week if wave [v] is already underway.

Monday;
Watch for wave 1818 to hold and wave [v] to continue lower.


CRUDE OIL.


CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.


Wave ‘5’ is making its way towards a new high pretty well so far.
The price has rebounded off the lows of the week and has already reached the previous wave [b] high today.
And the 62% retracement level of the recent decline.

Now comes the crunch.
If the price falls impulsively from here that will favor the alternate count.
And if we see a break of the low at wave ‘4’ again that will confirm it.

Monday;
Watch for wave [ii] to fall in a corrective manner to a higher low above 70.50.
Wave ‘5’ should continue higher to complete five waves up over the next week.


S&P 500.


S&P 500 1hr

S&P 500 4hr

S&P 500 daily.


A new all time high this evening and the fed must be just wiping the sweat off its brow!
No inflation here they say!
No,
just the largest asset price rally in the history of man achieved in the shortest amount of time in history also.
The S&P500 has rallied 100% in the last 14 months.
It took 9 years to achieve the same feet into the 2020 high.
So the rally off last years low is nine time faster than the last biggest rally.

Stocks are now twice the price they were 1 year ago.
Now that’s a little over the mandate down you think??

I have shown another possible ending diagonal scenario this evening.
this weeks decline can be viewed as wave ‘iv’ of (v).
And a three wave rally from here will complete the pattern in wave ‘v’.
It is still all to play for in this ending pattern.
And todays rally does not change a thing.

Monday;
I will be looking for wave ‘v’ to hit and throw-over the upper trend channel line and then fall back again out of the wedge to begin an impulse wave down.


SILVER.


SILVER 1hr

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SILVER daily.


Silver is tracing out a strange pattern over the last couple of sessions.
The price has fallen,
which is in line with a possible wave ‘iii’ of (v) count.
But the action is a little too choppy here to call this wave ‘iii’ underway.
I am looking at the possibility that wave ‘ii’ is tracing out a running flat.
That requires a reversal immediately on Monday to begin wave ‘iii’ down.
And once we see a break of 25.75 again that will signal wave ‘iii’ down is underway.

Monday;
Watch for wave (v) to continue for most of next week.
25.50 is the key level to confirm the pattern here in wave (v).


God’s Blessings to you all this night.
And if I am still on the Earth on Monday I will be back here God willing.

I heard recently,
we all believe the end of our life to be way out ahead of us in the future,
So none of us want to think about it.

And we all give ourselves a free pass on contemplating the end of our existence for that reason.
ITs way off in the future!

But in reality,
Death is not way out ahead of me,
I am actually walking along side eternity right now.
And I could step off into that eternity at any time.

So I am trying to live my life with that in mind.
And hence the reason that I am sharing my faith so much these days.
There you have it!

On that happy note,
a glass of wine is calling!

Shalom,
enda.



BITCOIN


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BITCOIN daily.


Topping in wave (a).


FTSE 100.


FTSE 100 1hr.

FTSE 100 4hr.

FTSE 100 daily.


Completing a fourth wave.


DAX.


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DAX daily.


Topping out in wave [B].


NASDAQ 100.


NASDAQ 1hr

NASDAQ 4hr.

NASDAQ daily.


Topping out at all time high.