Good evening folks and the Lord’s blessings to you.
I beg your forgiveness for missing last nights update.
we were on the road seeing the sights and we got back late so I was poofed out and went straight to bed.
I am updating tonight,
and I will keep it short because we are packing up and readying for the homebound trip tomorrow.
If I miss tomorrow nights update,
I will post it on Saturday morning instead.
There is no loss in that.
EURUSD

EURUSD 1hr.
EURUSD has managed to hit the upper trend line again in wave ‘c’ of (b).
This pattern ahs gone farther than I ever expected,
but I believe we are ready now for a reversal into wave (c) which will begin next week.
Tomorrow;
Watch for a break below 1.1600 again to signal wave ‘i’ of (c) has begun.
GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.
GBPUSD Cable is back to the upper trend channel line also in cable.
the action is now moving opposite to USDJPY with a new high in wave [i] and a new low for USDJPY on the cards.
So for now balance has been restored!
Tomorrow;
The upper line of the channel should be enough to call this wave ‘v’ rally complete.
Watch for wave (v) of [i] to close out soon,
and next week should bring a drop into wave (a) of [ii].
USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.
USDJPY is continuing the movement lower today and we are now in reach for a break ot a new low at 139.50 to complete wave (v).
Tomorrow;
Watch for wave ‘c’ of (v) to move lower in a five wave pattern over the coming few sessions to hit a new low and complete the pattern.
DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.
We have a five wave pattern in play for wave ‘c’ of (v) now.
The market has made it up towards the upper channel line again in wave (v).
and if this pattern is correct for wave [c],
then we have an opportunity for a top again in play.
Tomorrow;
Lets see if there is a reaction off that upper channel line to top out this rally.
GOLD

GOLD 1hr.
Wave ‘ii’ pink managed a three wave rally to a lower high this week,
and the price turned lower today with a spike decline.
Wave ‘iii’ should fall back below 3200 ideally,
and from there a correction in wave ‘iv’ can happen.
This pattern is still not confirmed yet.
Wave (iii) must move lower for longer now.
So no more delays here.
Tomorrow;
If wave ‘ii’ is done, then wave ‘iii’ of (iii) should move lower with some power.
A break of 3290 will confirm.
CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.
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It is difficult to know if this action is part of wave [a],
or if wave [b] is actually underway now.
I can’t tell yet to be honest.
The price is trading at the wave ‘A’ high again tonight,
so the chances are that we are still in wave [a].
Tomorrow;
Watch for wave (v) of [a] to move lower to complete five waves down as shown.
And then next week I will look for a rebound into wave [b].
S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.
The S&P is trading at the highs tonight and that can be taken as a fail for sure,
for the moment I am going to stick with the wave ‘B’ idea as part of an expanded flat correction wave [A] down.
Where wave ‘B’ makes a new high before turning into wave ‘C’ down.
There is nothing to add to the pattern here tonight apart form the five wave pattern in place for wave ‘v’ pink.
That gives us five waves up in wave (v) blue.
Which completes five waves in wave [c].
And that completed three waves up in wave ‘B’.
And so on down the line.
I have been waiting too long for a powerful move lower to happen.
Most think it will never happen.
And I will take the under on that.
SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.
A possible five waves visible in wave ‘c’ of ‘b’ today.
The price made it as far as 36.83 to complete.
And now I am looking for a turn down into wave ‘c’ to start.
Tomorrow;
Watch for wave ‘c’ to fall back below 35.00 again as wave (iv) takes over again.
BITCOIN

BITCOIN 1hr.
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FTSE 100.

FTSE 100 1hr.

FTSE 100 4hr.

FTSE 100 daily.
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DAX.

DAX 1hr
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NASDAQ 100.

NASDAQ 1hr
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EURUSD

EURUSD 1hr.
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GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.
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USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.
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DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.
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GOLD

GOLD 1hr.
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CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.
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S&P 500.

S&P 500 1hr

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S&P 500 daily.
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SILVER.

SILVER 1hr

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SILVER daily.
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BITCOIN

BITCOIN 1hr.
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FTSE 100.

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FTSE 100 daily.
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DAX.

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NASDAQ 100.

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