Good evening folks, the Lords Blessings to you all tonight.

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

EURUSD does not seem finished with the rally in wave [c] of ‘B’
after a few sessions of flat action in the market.
This sideways move looks like a correction in wave [c].
And I suspect this will be worked out Monday with a spike upwards above 1.2000.
Wave ‘B’ will give way to wave ‘C’ beginning next week.

The alternate count calls for a larger correction in wave ‘B’ to continue sideways for the next few weeks.
And the rally into this current high is only wave [a] of that pattern.

Monday;
Watch for wave [c] to complete at that target level of 1.2025 and then reversal into wave [i] down by the middle of next week.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Despite the rally to a new high for this week,
the pattern in wave ‘ii’ has not changed much.
The action in wave ‘ii’ is very well described by a 3,3,5 flat correction.
3 waves up in ‘a’,
3 down in ‘b’,
and now a five wave rally in wave ‘c’ to complete wave ‘ii’ at the upper trend channel line.

The alternate count for cable is a similar three wave declinen into wave ‘D’ of a triangle.
And wave [b] of ‘D’ completed this week,
with wave [c] of ‘D’ now heading lower again.

Monday;
Wave ‘ii’ must now complete at the upper trend channel line,
and wave ‘iii’ down should get underway off that lower high.
Watch for a break of 1.3667 to signal wave ‘iii’ down has begun.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

Tonight I have to admit that I cannot rule out the alternate count after the action today.
It seems the price is holding at this weeks lows in a corrective form.
If this is correct,
then we can expect a spike lower a below 108.40.
If that happens I will switch to the alternate count and then begin looking for a rally to begin in wave ‘5’ blue off that low.

Monday;
As far as the main count is concerned,
wave (c) of [b] is called to rally back into the wave (a) high at 109.96,
and then reverse into wave [c] of ‘4’.

Either way,
the wave ‘4’ low is coming soon.
And this could be followed by an impulsive rally back into wave ‘5’ again.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

We are ending the session just below the all time high this evening.
The price has reached the (a) = (c) level within wave [v] now,
and this brings to a close one last target level within this edning diagonal pattern in wave ‘5’ blue.

All the pieces of this puzzle are now in place for this market to top out here.
But there is no confirmation in the price action yet that would suggest we are done in wave [v] of ‘5’ yet.
If this pattern is correct,
then the initial decline off this high should begin next week.

Monday;
I am looking for a five wave decline to begin next week and for this weeks rally to be retraced in wave (i) down.

If the market intends to rally again next week,
then I will be forced to abandon the ending diagonal scenario for wave ‘5’ blue.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

I am looking at this rally in wave (c) tonight and I can now see a pretty clear three wave pattern into todays highs.
Three waves up in wave (c) suggests wave [iv] is a combination wave,
rather than a straight flat correction where wave (c) would trace out 5 waves up.

The rally this week went against the call for a decline into wave [v].
But I am still confident in the overall three wave pattern in wave [iv],
and this should lead to a decline into wave [v] next week.

Monday;
Watch for wave (c) to top out early next week.
A drop below the wave ‘b’ low at 1722 will signal wave (i) of [v] is underway.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

After touching the 62% retracement level at 63.81 today the price is showing a little weakness as we hit the close.
There is a five wave pattern in place in wave (c) of [ii].
With the trend channel now filled in three waves,
this suggests wave [ii] is complete now.

There should be an impulsive decline early next week to reinforce the idea that wave [ii] is complete and wave [iii] is beginning.

Monday;
Watch for wave [iii] down to begin with a five wave decline back below 60.00 again in wave (i) of [iii].

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

Well I don’t know how much more this pattern can be stretched from here!
The price has now breeched the upper trend line today and the bar is still green this evening after the close.
There is a clear five wave pattern in place in wave (v),
and three waves up in wave [v].
That completes the ending diagonal in wave ‘5’ blue and the only thing left to do now is for a decline in five waves to begin wave [i] down.

I am not sure if there has ever been a more obvious delusional bubble top in history.
I know for certain that there has never been a more complete denial of truth and consequence as there is here.
And I know that this type of scenario has always been paid for in collapse.

This time is not different.
So roll on the collapse!

Monday;
Watch for wave (c) to finally top out and decline in five waves next week to begin a long haul into the next depression.

3988 marks the first major support below us,
that is the first target for wave [i] down then.

SILVER.

SILVER 1hr

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SILVER daily.

I spoke about the alternate count in the video earlier today.
I think this idea of a three wave decline in wave (C) of [2] is a reasonable alternate count here.
It surely goes with the correction so far in wave [2]
which has been nothing but complex!
A three wave decline in wave (C) will cap off a triple combination correction and then should lead to a major rally into wave [3] up.

Monday;
The main wave count is still valid until we see a break of 26.62.
Watch for wave (iii) down to begin with a decline below 24.66.

Blessings of the Lord to you all this weekend.
See you all back here on Monday,
Shalom and good night from my corner of the world to yours.

enda.