Good evening to one and all.

Here is the video from earlier today.

https://twitter.com/bullwavesreal

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

A three wave pattern in wave ‘iv’ is developing well today with the low of the session holding a higher low above 1.0634 again.
This low is viewed as wave ‘b’ of ‘iv’,
and wave ‘c’ of ‘iv’ should continue higher to break the wave ‘a’ high at 1.0780 again to complete the three wave correction.

Tomorrow;
Watch for wave ‘c’ to complete this correction in wave ‘iv’ with a final high in the area of 1.0820.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Cable fell to a higher low at 1.2368 in wave ‘i’ pink today.
The price bounced off that low and I am suggesting that wave ‘ii’ is now underway.
Wave ‘ii’ pink should complete three waves up near 1.2460 by tomorrow evening.
and then wave ‘iii’ is expected to turn lower again in this wave (c) pattern.
The final low for wave (c) of [a] should be in the area of 1.22 towards the end of this week,
if all goes to plan!

Tomorrow;
Watch for wave ‘ii’ of (c) to complete a lower high in the area of 1.2460.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

USDJPY is now tracing out an impulse wave higher to begin wave (v) with waves ‘i’ and ‘ii’ coming close to completion.
Wave ‘ii’ has not got a full three waves down in place just yet,
so there is a good chance that wave ‘ii’ will fall into the 139.00 handle overnight.
and then tomorrow we can look for a rally in wave ‘iii’ of (v) to push back above 141.00 again.
Wave (v) should take the rest of this week to complete.

Tomorrow;
Watch for wave ‘ii’ to hold above 138.43.
Wave ‘iii’ of (v) should begin by tomorrow evening.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The market had a small retracement off Fridays high today but not enough to call this a confirmation of the wave ‘ii’ high yet.
If the market continues lower tomorrow to break 33250,
then we have a pattern to work with.
33250 marks the interim high off that wave ‘b’ low.
And if that level breaks,
the rally into wave ‘c’ of ‘ii’ will be cut short and I can then focus on wave ‘iii’ down again.

Until then,
we can only wait for the market to decide the fate of this wave count in wave ‘ii’.

Tomorrow;
Watch for wave ‘ii’ to continue to hold a lower high below 34260.
A sharp drop below 33250 will be the first signal wave ‘ii’ has completed and wave ‘iii’ is beginning.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold has held above the wave (a) low at 1931 again today and for the moment this wave count for wave (b) is still in play.
The price has completed wave ‘a’ and ‘b’ of (b) so far,
and wave ‘c’ of (b) is expected to continue higher to complete this correction.
Wave ‘c’ should break the wave ‘a’ high at 1983 at minimum,
and I am looking at the 50% retracement level at 2006 as the upper end target for this pattern to complete.

Tomorrow;
Wave ‘c’ should continue higher to break 1983 at a minimum.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Crude oil has stayed on pattern today with a nice gap higher to complete wave ‘iii’ of (c).
The price has fallen back again today in wave ‘iv’ of (c),
and this decline has traced out three waves down so far.
This must be a real head scratcher for the Saudi’s after announcing that production cut.
So now they are worse off in two ways,
less output and less price per barrel!

WAve ‘v’ of (c) should turn higher again pretty soon though and continue up towards that 76.00 area to complete the larger wave [ii] pattern by the end of the week.

Tomorrow;
Watch for wave ‘iv’ of (c) to complete its three wave correction lower early tomorrow,
wave ‘v’ of (c) may even begin by the end of the session tomorrow.
A break of 74.00 again should confirm wave ‘v’ of (c) is underway.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

I realize that this pattern in wave (c) is very close to invalidation again today.
But I can’t rule out the corrective nature of this whole rally even into todays highs.
So wave (c) of [ii] is holding again today despite the danger.
Wave ‘5’ of ‘v’ of (c) tagged the upper channel line again today,
and now this evening the market has turned lower off that trend line.
I am very willing to give this pattern another day to see if that impulsive decline can begin in wave ‘i’ of (i) of [iii] this week.
And I do believe that the door is still open for a major decline dead ahead.
That major decline is wave [iii] of ‘3’.
The next day or two will confirm or deny this pattern.

Tomorrow;
Watch for wave ‘i’ of (i) to turn lower rapidly with a break of 4100 as the initial target.
the high at 4324 must hold for this short term pattern to remain valid.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

The decline off wave [b] has punched below 23.37 today at the wave (a) high.
And while the pattern has not been confirmed yet,
the action does support the overall pattern quite well here.

If wave [b] is actually complete at 24.00,
then wave [c] must continue lower in five waves for the rest of this week.
And the target for that wave [c] low lies in the 20.00 area again.

Tomorrow;
Watch for wave (ii) of [c] to hold below 24.00.
Wave (iii) os [c] should fall again quite sharply over the next few sessions.
And wave (iii) should break the 22.00 handle at a minimum.