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

https://twitter.com/bullwavesreal

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

EURUSD is sitting pretty flat today and holding on the support level at wave (b).
I will continue to consider this as wave ‘3’ of ‘iii’ until proved wrong.
This main count will only be invalidated if the price breaks above wave ‘1’ at 1.0812.
So I would like to see a break below support tomorrow and for wave ‘iii’ pink to move on and complete five waves down near 1.0650 as shown.

Tomorrow;
Watch for wave ‘3’ of ‘iii’ to break support again.
That will give the main count a boost,
and we can then look to a lower target for wave ‘iii’ pink to complete later this week.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Cable has turned higher today in a corrective manner so far.
This rally is considered wave ‘ii’ of (iii).
And I am looking at a possible target near 1.2640 to complete a 50% retracement of wave ‘i’.
Once that happens I will then look for a turn lower again into wave ‘iii’ of (iii).
And wave ‘iii’ pink should fall into the 1.23 handle at a minimum by the end of this week.

Tomorrow;
Watch for wave ‘ii’ to complete a corrective rally near 1.2640 as shown.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

USDJPY turned lower off the top of wave (i) today following the main count.
This action suggests wave (ii) is now underway.
and I am looking for a three wave decline towards a low at 147.00.
Todays drop is labelled wave ‘a’ of (ii) with another step lower now expected in wave ‘b’ and ‘c’ as shown.
The low at wave [ii] at 145.90 must hold for this wave count to remain valid.

Tomorrow;
Watch for wave (ii) to complete a three wave correction in the area of 147.00.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

I cannot elaborate much on last nights comments to be honest,
there is the possibility of a completed pattern in wave [v] of ‘C’ of (B).
but that idea is far from confirmed yet.

The market is flat today and so far the price has traced out a three wave pattern sideways.
this can be viewed as a correction to the upside,
We will see soon enough if this action will be resolved to the downside with another impulsive drop into support.
I want to see a break of initial support at 38100 at the wave (iv) low.
If that happens,
then we can look towards a further decline to build a larger five wave pattern off the top.

Tomorrow;
Watch for another drop to break the support level at wave (iv).
If that happens,
then I can start to make some projections again.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold has traced out three waves up into the session high today.
This action should complete wave ‘2’ of ‘iii’,
and if this pattern proves correct,
then we will see another step lower into wave ‘3’ of ‘iii’ over the coming days.

This pattern will be confirmed with a break below the wave ‘i’ low at 2000 again.
Until that level breaks this count is still speculative.
But I will say that the probability is rising in favor of this count now.

Tomorrow;
Watch for this wave ‘2’ correction to hold at the session highs.
A break back below 2000 again will confirm wave ‘3’ of ‘iii’ is underway.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Crude is correcting higher again today after completing wave (i) down yesterday.
It is difficult to nail down exactly what is going on here yet,
but overall I am looking for a three wave rally towards 75.30.
This level marks the 50% retracement level of wave (i).
When this correction looks compelte,
then I will turn my attention lower again into wave (iii) of [v].

Tomorrow;
Watch for wave (ii) to continue higher in a three wave pattern to complete above 75.00.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

The action is basically flat in the S&P today.
and I am now looking at a possible triangle in wave ‘iv’ of (v) to explain this move.
This pattern suggests wave ‘v’ will make a new high this week with a push into the 5000 level.
And once complete,
then I ca look for a reversal pattern to build off the top again.

Tomorrow;
Watch for wave ‘v’ of (v) to complete this rally at the 5000 level before turning lower again.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

Silver is also flat today with very little movement at all.
There seems to be a small three wave correction in place off the lows today.
And this action suggests the price will turn lower again tomorrow to complete wave ‘c’ of (v).
Wave ‘c’ is expected to break the wave (iii) support at 21.92 to complete this wave count.
After wave (v) of [c] completes the ending diagonal pattern as shown,
then I will look for a rebound higher to begin wave (i) of [i] of ‘3’.

Tomorrow;
Watch for wave ‘c’ of (v) to complete with a break of 21.90 again.