Good evening to one and all,

I pray the Blessings of Messiah Yeshua over you all again tonight.

Here is a members video I recorded earlier.

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

Well that was a pretty sharp move lower today to pretty much can that previous count for sure!

Now we have a five wave pattern in place for wave [v] of ‘C’ again.
wave (v) of [v] has hit the lower trend channel line again and that fills out the pattern.
Wave (v) also broke 1.1611 again today.
This is where wave (i) and (v) reach equality.

There is a chance that wave [v] green will drop into the lower trend channel line at 1.1500.
We will see tomorrow if the smaller channel offers support to the decline.

Tomorrow;
wAtch for wave (v) of [v] to find a low soon and if we see a spike higher off these lows,
that will signal wave (v) is complete.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Wave ‘iii’ of (iii) is now complete with a clear five wave pattern in place.
Wave (iii) still needs another step lower to complete the pattern.
so we should see a small correction higher in wave ‘iv’ begin, possibly tomorrow.

Tomorrow;
watch for wave ‘iii’ to find a low soon.
wave (iii) has reached the 100% fib of wave (i),
but I expect wave ‘iv’ and ‘v’ will carry the price down into the 1.3300 area before completing.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

I can see a five wave pattern now in place at todays high.
The price did create a three wave correction sideways yesterday.
And that is labelled wave ‘iv’ of (i),
with todays nice sharp rally in wave ‘v’ of (i).
We will see soon enough if wave (i) is ready to top out,
I suspect tomorrow will do it.
And we can then look for wave (ii) down to begin.

Tomorrow;
watch for wave (ii) to begin with a decline into 111.20 again.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The Dow is running sideways in a pretty corrective manner all day.
This action can be viewed as a small fourth wave correction within wave ‘i’ as shown.
I would like to see another decline back into the 34000 area to complete wave ‘i’.
That will give us a nice five wave pattern lower to begin a possible third wave,
and then wave ‘ii’ can begin to form a corrective lower high below 35000 by the end of Fridays trade.

Tomorrow;
Watch for wave ‘i’ of (iii) to complete five waves down near the 34000 level again.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

We are now coming close to that 78.6% retracement level of wave [i] today.
That level lies at 1710,
and todays low hit 1721 this afternoon.
the decline in wave (c) has traced out a five wave decline now,
and I think todays action can be viewed as an extension lower in wave ‘v’ of (c).
There is one more interesting level to watch for to complete this correction in wave [ii].
That lies at 1697,
where wave (c) reaches equality with wave (a).
So keep one eye on that level for a low to form also.

Tomorrow;
Watch for wave ‘v’ of (c) of [ii] to complete near the 1710 level.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

The low of wave (iv) is holding so far at 73.60.
The price should not fall below this level again as wave [iii] completes.

and if we see a break below the wave (i) high at 72.28 again,
that will pretty much invalidate the current wave count and I will have to start again with a different framework.
I hope that does not happen,
but I cant rule that out at all.

Tomorrow;
Watch for wave (iv) to hold at 73.61.
Wave (v) should carry above 77.00 again.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

I am looking at a possible triangle correction developing in wave ‘iv’ of (i) today.
The pattern is obviously corrective today.
And the price range is contracting.
So wave ‘iv’ it is for the moment as long as the price holds below 4388.

Tomorrow;
Watch for wave ‘iv’ to continue sideways and complete a triangle pattern below 4388.
Wave ‘v’ of (i) must then fall again with a target in the area of the previous wave (b) at 4330.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

The triangle proved correct today for wave (iv).
Wave ‘e’ of (iv) completed at 22.55 and the price dropped impulsively out of the pattern.
Todays decline is viewed as wave (v) of [v] and I suspect there is a little more left in wave (v) before this is done.

Tomorrow;
Watch for wave (v) to complete a five wave decline in the 21.00 area.
Wave (v) will reach equality with wave (i) at 21.06,
and the 161.8% extension of wave (i) comes in at 20.15.
that gives us a nice target range to find a low for the whole pattern in wave [2].

The daily chart shown the 50% and 62% retracements at 20.63 and 18.43 respectfully.