Good evening folks and the Lord’s blessings to you.

EURUSD

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

Ok,
Another step higher today without much in actually net gain in price overall.
the action is moving higher in line with the count.
but I am freely admitting that the pattern so far is more like a three wave move than a five wave move.

Like I said last night,
as long as the price is moving higher I will stick with this wave count for wave ‘v’ of (iii).
After today,
I am begin ing to think that wave (iv) blue may already be underway.
I will keep an eye on that tomorrow to see if that idea fits better.

Tomorrow;
Watch for wave ‘3’ of ‘v’ of (iii) to continue higher to break 1.0954 at a minimum.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

The action in cable is a better fit for this pattern today
the price has not hit the minimum target for wave ‘i’ yet,
but that spike higher today is close to breaking 1.30 as I write.

Wave ‘i’ and ‘ii’ must create a higher low above 1.2878 at a minimum and from there we should see wave ‘iii’ break 1.3100.
The upper trend channel line will be within striking distance then to complete wave (v) of [i] next week.

Tomorrow;
Watch for wave ‘i’ to break 1.2992 at the wave ‘b’ high and then wave ‘ii’ must create a higher low as shown.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

USDJPY is holding steady above the wave ‘ii’ lows at 148.70 today.
The price is higher today but again we have not confirmed the pattern in wave ‘iii’ yet.
The rally in wave ‘1’ of ‘iii’ should break 151.00 if this count is correct.
And that should happen tomorrow to be honest.
This pattern is taking too long to prove itself now.
So if we see an unfavorable reaction to the tariff news overnight that may cause a rethink of the pattern tomorrow.

Tomorrow;
Watch for wave ‘1’ and ‘2’ to complete a bullish higher low above 148.70 before the end of this week to confirm this count.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The DOW spiked higher today in a possible wave ‘c’ of ‘ii’ rally.
That completes three waves up in wave ‘ii’ to form a lower high.
And now the time has come to look for wave ‘iii’ of (iii) to begin.
The initial target lies at 41135 at the wave ‘i’ lows.
A break of that level will confirm wave ‘iii’ is underway.
I want that to happen before the end of the week.

Tomorrow;
Watch for wave ‘1’ of ‘iii’ to drop sharply to hit the wave ‘i’ lows at 41135.
Wave ‘iii’ should pick up steam from there and into next week.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold has consolidated sideways this week and that suggests a corrective wave is forming here.
I am now looking at a possible triangle correction in wave ‘iv’ of (v),
wave ‘v’ of (v) should come tomorrow with a rally out to a new high again to complete this pattern.

Tomorrow;
Watch for wave ‘v’ of (v) to top out near the 162% extension at 3173.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

The rally in wave [c] of ‘2’ seems to be holding onto this market for another day today.
I am looking at another possible five wave pattern in wave (v) of [c] tonight.
We have a five wave internal pattern in wave (v) blue almost done now as you can see.

The 50% retracement level of wave ‘1’ lies at 72.30.
and the previous wave [iv] high lies at 73.11.
so that gives a pretty tight target area for this final rally to complete in wave (v).
From there I will be turning my attention lower again to begin wave (i) down as shown.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

The price rebounded well today and that has extended the pattern in wave ‘ii’ pink.
The price broke above the 62% retracement level of wave ‘i’ at the session high,
and now we see a spike lower again to end the session.
That reversal suggests wave ‘ii’ is complete at the highs,
and wave ‘1’ of ‘iii’ is now underway as shown.

Wave ‘1’ should retrace back below that wave ‘b’ low at 5567,
and then a lower high will form tomorrow if this count is correct.

Tomorrow;
Watch for that wave ‘ii’ high to hold at todays highs.
Wave ‘1’ and ‘2’ must now turn the market lower into wave ‘iii’ of (v) over the coming days.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

I am testing the waters tonight with a count for wave ‘i’ and ‘ii’ off the recent top.
This could easily be blown out of the waters tomorrow with a volatile session.
But I can see a possible ‘leading wedge’ pattern with five internal waves off that wave [ii] top.
I am looking for wave ‘ii’ to complete a lower high tomorrow morning,
and then the market will turn lower again into wave ‘iii’ down with ease in the coming days if this pattern holds up.

Tomorrow;
Watch for wave ‘ii’ to complete below 34.59.
Wave ‘iii’ of (i) must then accelerate lower on Friday to break 32.64 at the wave ‘iv’ lows.