Good evening to one and all,

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

Here we go.

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

It seems like EURUSD is attempting to build a base here as we have a small higher low in place today.
I am looking for wave ‘v’ of (v) to complete with one more break of 1.1560 again,
and then a rally up above 1.1700 will signal wave ‘A’ of (E) has begun.

Tomorrow;
Watch for wave ‘v’ to break below 1.1560 again and then I will look for that turn higher again.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

cable is now struggling below the 50% retracement of wave (i) and the price action looked quite dead throught the day.
I want to see a top for wave (ii) forming now,
and then a turn lower into wave (iii) beginning this week.

Tomorrow;
A decline below wave ‘b’ at 1.3225 again will signal wave ‘i’ of (iii) has begun.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

I am not convinced that wave (ii) is complete at the low formed yesterday.
The rally into todays lower high can be viewed as wave ‘b’ of (ii),
in the form of an expanded flat correction.
And in this case we can expect a further decline in wave ‘c’ of (ii) to form in the next few days.
that will bring the price back into the 110.60 area again to complete three waves down.
If this happens,
that will create a bullish higher low which should lead the way into wave (iii) up.

Tomorrow;
Watch for wave ‘c’ to fall in five waves starting in the overnight session tonight.
Wave ‘c’ should be complete by tomorrow evening.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The rally today confirmed the alternate count for wave ‘ii’.
And wave ‘ii’ pink is now close to completing three waves up in a trend channel.
the price has now reached a double top with Fridays high at 34486.
And this level also marks the 62% retracement level of wave ‘i’.
If the price pops above that high and then falls sharply again,
that will be the first sign that wave ‘iii’ of (iii) has begun.

Tomorrow;
Watch for wave ‘ii’ to complete and wave ‘iii’ down to begin with a sharp decline towards 33800 again.
A break of the wave ‘i’ low at 33580 again will confirm wave ‘iii’ of (iii) is underway.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

I am not convinced that wave ‘ii’ pink is complete in gold yet either.
The market is very close to that bullish impulsive pattern off the lows at 1721,
But todays decline is not a clear three wave decline.

IF we see another drop into 1740 again tomorrow that will create a clear three waves down and I will then look higher into wave ‘iii’.

Tomorrow;
Watch for wave ‘ii’ to complete a corrective decline into 1740.
Wave ‘iii’ up will be confirmed with a break above 1771 again.

The low at 1721 must hold.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Wave (iii) of [v] has now completed a five wave pattern higher at todays highs.
So I am now looking for this rally to top out for a few days and correct lower again into wave (iv) of [v].
I am suggesting 76.55 as support for wave (iv) now.
That level marks the top of wave [iii].
If we see a drop below the wave (i) high at 75.90 again that will invalidate the count for wave [v].
And that may even be enough to signal wave ‘3’ has topped out.

Tomorrow;
Watch for wave (iv) to correct in three waves and complete above 76.53 again.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

Wave ‘c’ of (ii) is close to a top now after todays rally.
Wave (ii) should top out with a break of 4376 at the wave ‘a’ high again as shown.
that will put the price back into the price territory between the 50% and 62% retracement levels.
A turn lower after that correction is complete will signal a move into wave (iii) down is underway.

Tomorrow;
Watch for wave ‘c’ of (ii) to complete.
Wave (iii) down will be confirmed with a break of 4269 again at the wave (i) low.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

Wave (ii) stil looks incomplete after todays pretty quiet trade.
The pattern in wave (ii) looks to be tracing out a three wave flat correction.
Wave ‘b’ is almost complete,
a pip above 22.70 again will complete three waves up in wave ‘b’.
then wave ‘c’ down should fall back below 22.26 again to finish the pattern.
We are close to a bullish higher low in silver now,
so lets see if we can close out wave (ii) tomorrow.

Tomorrow;
Watch for wave ‘c’ of (ii) to complete three waves down.
22.08 marks the 50% retracement level of wave (i).