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.

At the moment it looks like wave (c) is ongoing here.
The price came down today but in a corrective manner.
So I am viewing this as wave ‘iv’ of (c).
Wave ‘v’ should push into the minimum target at 1.1900 tomorrow to complete the pattern.
And then if we see a spike lower off wave (c) it will suggest wave (i) has begun.
the upper target at 1.1975 is still possible in wave (c),
so keep that in mind also.

Tomorrow;
Watch for wave (c) of [iv] to complete and then price should drop below 1.1780 again to begin wave (i) of [v].

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Wave (c) of [ii] has hit the minimum target level by breaking 1.3896 now,
So at this point we have a completed three wave pattern and target hit and a nice filled trend channel also.
I think we can consider this pattern complete here with the minimum expected target hit.
All we need now is an impulsive drop out of the trend channel to signal wave (i) of [iii] is underway.

As for the upper suggested target for wave [ii] at 1.4000,
I can’t rule this option out just yet.
But if we decline from here in an impulsive manner,
then we should expect wave [iii] down to dominate for the rest of the week.

Tomorrow;
Watch for a spike lower to begin wave (i) of [iii].
A break of 1.3729 again will signal wave [iii] has begun.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

A further drop into wave ‘C’ of (2) over the coming weeks is still my main focus at the moment,
even though the price put in a reasonable retracement overnight and today.
I have labelled this rise as wave [ii] green,
and this count calls for a drop into wave [iii] of ‘C’ over the next few sessions.

The alternate count that I described in the weekend video will remain a viable option until the price breaks below 108.55 again.

Tomorrow;
Watch for wave [ii] to complete and (i) of [iii] to fall below 109.52 to confirm wave [iii] has begun.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

Both options on the short term count are allowing for an up week this week.
The main count suggests a rally into wave ‘iii’ of (iii) of [v].
And the alternate count suggest we are already in wave (v) of [v].

In both counts the pink labels are valid.
So todays rally to a new all time closing high is wave ‘i’ of (iii).
And wave ‘i’ of (v) is the alternate.

Tomorrow;
The price must hold above 34120 in both counts.

Five waves up in wave ‘i’ today,
so watch for wave ‘ii’ to correct to a higher low above 34120 tomorrow.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

The price is still stuck in a sideways ranging pattern today,
so there is very little to add to Fridays comments here.
As long as 1818 holds,
then I think we can expect wave (iii) of [v] to continue lower this week.

Todays lower high can be viewed as either waves ‘i’ and ‘ii’ of (iii).
Or we may have a running flat wave (ii) underway.

Tomorrow;
To consider wave [v] green underway now, 1818 must hold.
Watch for wave (iii) of [v] to continue lower and break 1750 again over the coming days.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Crude oil rebounded today to and is forming a lower high below wave [i] this evening.
I am viewing todays action as wave [ii] underway.
With wave (a) and (b) near complete, and wave (c) should drop to form a three wave correction in wave [ii] by tomorrow evening.
Wave [ii] must hold above 70.34.

Once wave [ii] is complete,
wave [iii] up will rally back into the recent high at 76 again.

Tomorrow;
Watch for wave [ii] to complete a correction higher low above 70.34 tomorrow.
Wave [iii] up will be confirmed with a break of 74.40 again.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

Sticking with the ending diagonal theme for wave (v) here.
The price continues to contract in this wedge today.
And the price has traced out a five wave pattern higher in wave ‘a’ to begin wave ‘v’ pink.
If we see a drop into the lower trend line tomorrow, then the odds of this ending diagonal will increase again.

As far as I can see this week should be mainly sideways while eking out slight new highs in wave ‘c’ of ‘v’ later on.

Tomorrow;
Watch for the low at wave ‘iv’ to hold and wave ‘v’ to trace out three waves up over the coming few sessions.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

After todays action I am looking at a three wave pattern higher in wave ‘ii’.
Wave ‘i’ of (v) is now viewed as a wedge which completed at 25.75.
Wave ‘ii’ can continue into 26.40 before turning down into wave ‘iii’ (v) later this week.
Wave ‘iii’ of (v) will be confirmed with a break of 25.75 again.

Tomorrow;
Watch for wave ‘ii’ to complete below 26.76 at the very high.
Wave ‘iii’ down should begin tomorrow.