Good evening folks, the Lord’s Blessings to you all.

https://twitter.com/bullwavesreal

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

On the 4hr chart you can see wave ‘iii’ coming close to that upper trend channel line today.
The breadth of this rally continues to narrow on the way up,
usually we would see this in a rising wedge pattern.
I have dropped that idea,
but it is not completely out of the bounds of possibility either.

Wave ‘iii’ of (c) should give way to wave ‘iv’ early next week.
And the correction in wave ‘iv’ must hold above 1.0916.
It looks like next week has the potential to close out wave (c) of [b] at that upper trend line.

Monday;
Watch for wave ‘iv’ to begin with a three wave correction back into the 1.10 area.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

A break out to a new high today has flipped the script on cable now.
and I have relabeled the charts accordingly.
Cable now has a similar count to EURUSD overall.

I do expect cable to turn lower very soon.
And I expect this to be a very sharp decline also.
But this will be a five wave drop in wave [c] of ‘2’ rather than a third wave decline from the previous count.

The current high is topping out in wave [b] of ‘2’.
And wave [c] is expected to begin next week.

Monday;
WAtch for wave ‘v’ of (c) of [b] to top out and reverse back below the channel line again to begin wave (i) of [c].

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

USDJPY had a few false starts this week and today was no different.
The price has now reversed all of Thursdays rally,
and I am back to tracking wave (c) of [b] again.

Wave (c) is showing a possible ending diagonal pattern now,
and it has retraced back to the 62% Fib wave [a].
I want to see this higher low hold in wave [b] early next week,
and then wave (i) of [c] should turn higher.

Monday;
Watch for wave (i) to push back above 146.50 to begin the rise into wave [c].

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

Well,
The price pipped above the previous wave [ii] high today and with that I am back to a blank slate again.
The market is holding the lower high again tonight even after those stupid comments by Powell.
What a charlatan!
Its time to cut rates with risk markets holding at all time highs!
He deserves what is coming to him!

Monday;
I am going to hold out to see the early reaction next week to see what count is the best fit here.
The path of least resistance is to a new high again in wave ‘C’ of (B).
But we will see.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

In the video tonight I suggested that gold is not your friend here.
And I stick to that idea here.
I think the next move will be a shock to many,
a drop in the region of 10% towards 2250 or so in wave (c) of [iv].
This week has failed to begin the decline.
And so far we have a corrective looking decline in place.

There may be one last pop to a new high in wave (b) before the next leg down.
That will happen early in the week if at all.

Monday;
Watch for wave ‘i’ of (c) to begin a turn in five waves to break 2450 again.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

We now have five waves up in wave [a] of ‘2’ in place at todays highs.
This action suggests wave ‘2’ will be a zigzag correction overall.
Wave [b] will form a higher low next week.
and wave [c] will push towards 77.50 again the following week if all goes to the plan.

Tomorrow;
Watch for wave [a] to opt out and then drop in three waves into wave [b].

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

The S&P holds below the all time high tonight which allows the main count to remain.
I may be fooling myself thinking that wave (i) down will begin early next week.
But stranger things have happened.

Monday;
A drop back below 5300 again will put this count back on track.
As I said already,
It will be very easy to break to a new high here,
so why does the market fret??

Its a case of invalidation or wave (i) down.
We will see.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

Three waves down in wave ‘iv’ has completed the corrective action,
and now we have turned higher into wave ‘v’ of (i) today.
The price will break the wave ‘iii’ high as a minimum target.
And wave ‘v’ will hit the upper channel line above the 31.00 level again.
From there I will look lower into wave (ii) later next week.

Monday;
Watch for wave ‘v’ of (i) to top out the pattern near 31.00 again.