Good evening to one and all,

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

Here is the weekend video from earlier today.

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

Todays small correctoin higher is vewed as wave ‘iv’ of (v).
this suggests one more drop below 1.1562 to complete the pattern in wave (v).
and then I will be looking higher again next week to begin wave [i] of ‘A’.
A break above 1.1700 again will signal that the low is in for wave (D).

Monday;
Watch for wave ‘v’ of [v] to close out and then a reversal higher in five waves to signal the next leg higher in wave (E) has begun.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

There is a chance that todays rally is moving at one higher degree than the current wave ‘iv’.
In that case todays high is wave (iv) of [iii],
and wave (v) of [iii] should turn lower again on Monday.

The main count still labeles todays high as wave ‘iv’ of (iii).
So either way I suspect we will see a decline take over on Monday again with the minimum target at 1.3411.

Monday;
The price should hold below 1.3609.
Wave ‘v’ down must turn lower again early on Monday in wave ‘v’.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

USDJPY may have completed a three wave decline in wave (ii) today.
The fact that the decline into todays lows is a three wave pattern is the main reason for this count.
If this count is correct,
then we will see an impulsive rally begin on Monday off these lows.

Monday;
A break of 112.07 will signal wave (iii) is in force.
Watch for wave ‘i’ to track higher in a five wave pattern again on Monday.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The rally came today for sure and I am counting this as a third successive second wave correction.
The key now is to hold a lower high below 35000 again.
If that happens next week,
then I think we are perfectly set up for a real waterfall type decline into a third of a third of a third.
That decline has the potential to push the market down below 33000 to complete wave ‘iii’,
but I can see a reasonable chance of breaking the 30000 level as the larger third wave completes.

This is speculation of course,
but the pattern is there and the market is not in the least bit worried here,
in fact I would go as far as to say that there is an arrogance on display here that may never have been seen before.
When you think how horrendously overextended this market is and how little people are recognizing the risks and rot in the economy now.
Its all hot air and lies here,
but that is what we have come to expect I suppose.

Monday;
I want wave ‘ii’ to be a short affair and clearly corrective below 35000.
Wave ‘iii’ down should be underway by midweek.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

A possible five wave rally in wave ‘i’ has now completed at todays high.
This should give way to a corrective decline in wave ‘ii’ early next week.
If this count holds and wave ‘ii’ does complete above 1722,
then we can expect a push back above 1787 next week as wave (i) completes.
And when that happens,
we are on for that larger wave [iii] rally to unfold over the coming weeks.

Monday;
Watch for wave ‘ii’ to complete by Monday evening and hold above 1722.
Wave ‘iii’ of (i) should rally into 1787.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

We have a ‘i’ ‘ii’ pattern in play off this weeks lows at wave (iv).
This evening brought another spike higher which is pushing back towards the wave (iii) high again.
Wave ‘iii’ of (v) should break that 76.53 level with ease,
and wave (v) should push towards the 78.00 handle again to complete the larger wave [iii] up.

Monday;
The low at wave (iv) is now key to this count.
72.92 must hold as wave (v) completes.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

This afternoons rally has traced out three waves up so far.
And this fits with the idea of a second wave correction in wave ‘ii’ pink.
I am looking at the 50% retracement level of wave (i) as a target for wave (ii).
that gives us a target at 4376.
The previous wave ‘iv’ pink lies just below the 62% retracement level,
so that gives us a nice target range for wave ‘ii’ to complete.
I would like to see wave ‘ii’ complete below those levels to be honest,
but we will see how it pans out by Monday evening.

If this count holds up on Monday,
then we have a third of a third wave decline on the way next week.
And that should be exciting.

Monday;
Watch for wave (ii) to complete below 4400 and then return lower again into wave (iii) of [iii].

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

Silver has stopped dead at the previous wave (iv) high today.
this action is enough to rule out the extended wave (v) decline I was looking at last night,
and now we have the possibility of a bullish impulse wave forming off the extreme lows of wave [2] black.
a small higher low that forms above 21.40 again will suggest wave [2] is complete and wave [3] is about to begin.
And wave [3] up has the potential to double silver over the coming months.
So it will be worth waiting for as they say!

Monday;
Watch for wave (i) to top early Monday and then we should see a correction lower in wave (ii) that holds above 21.40.

Blessings of the Lord to you all this weekend.
I will see you back in action again on Monday evening.