Good evening to one and all, the Lord’s Blessings to you tonight.

https://twitter.com/bullwavesreal

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

We are still waiting for a downturn into wave ‘iii’ of (iii) of [c].
The lower high is still holding in wave ‘ii’,
but if we do not see a decline into wave ‘iii’ beginning tomorrow,
then I will be forced to switch counts for wave [b] green.

Take a look at the 4hr chart.
There is a possibility that wave [b] is a triangle pattern that is still unfolding.
If we continue to see a corrective pattern develop sideways as shown.
then a triangle pattern will be much more likely here.
And we will just have to wait for wave [b] to close out early in July.

Tomorrow;
back to the hourly chart.
If this is wave ‘ii’ of (iii).
then we should see a drop begin in five waves to that lower support at 1.0634 by the end of this week.
1.1011 must hold.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

The action today continued sideways in a corrective manner.
The main count suggests wave ‘iii’ is underway and this action today fits the wave ‘2’ idea.
Wave ‘3’ of ‘iii’ must turn lower tomorrow and that wave should fall into 1.2545 to complete.

Tomorrow;
Watch for this reversal pattern into wave (i) of [c] to continue.
A break of 1.2545 will confirm the count.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

I am looking at a possible expanded flat correction for wave ‘iv’ now after todays action.
The price did manage to make a new high today,
but this rally to a new high traced out a three waves up.
So todays high is labelled wave ‘b’ of ‘iv’.
With wave ‘c’ of ‘iv’ left to turn lower again and complete the three wave correction later this week.

Tomorrow;
Watch for wave ‘iv’ to complete an expanded flat correction as shown.
Wave ‘iv’ should complete with a break of 142.93 again.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The Dow turned green today and now I am taking the leap and calling this a correction higher in wave ‘2’ of ‘i’.
Of course this is a speculative count here,
as we do not have any confirmation yet,
that this is in fact the big turn down that I have been calling for.
Of course we should expect a lower high to form in wave ‘2’ of ‘i’.
But,
until we get that all important acceleration phase to wave ‘3’ of ‘i’,
then this count is still unsure.

Tomorrow;
If that wave ‘3’ reversal does come and we see a drop back into the support at the wave ‘iv’ level again.
Then we will be on much firmer ground regarding this wave count.
Lets see if wave ‘2’ can complete a lower high correction and then turn lower again into wave ‘3’ of ‘i’.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold has traced out a three wave decline this week,
and because of that action I can switch to the larger wave ‘ii’ pink idea tonight.
I have labelled this decline as wave ‘b’ of ‘ii’ now.
Wave ‘c’ of ‘ii’ is now expected to rally back above 1937 to complete this flat correction.
And then wave ‘iii’ down will be set to turn lower again by the end of this week.

Tomorrow;
Watch for wave ‘ii’ to complete with a small rally in wave ‘c’ to break 1937 again.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Crude is going for a quadruple bottom this week as the price heads further into the support low at 66.95.
I am suggesting this decline is actually wave ‘b’ of ‘ii’.
and wave ‘c’ should turn higher soon enough with a target to complete wave ‘ii’ above 70.14 again.
This correction in in wave ‘ii’ should be complete before the end of this week.
And next week will be taken up by a further decline into wave ‘iii’ of (iii).

Tomorrow;
Watch for wave ‘ii’ to complete a three waves up near the 70.20 area again.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

If the pattern off the top is actually an impulse wave to begin the turn.
Then we should see a sharp decline again into wave ‘3’ to confirm the pattern.
Wave ‘2’ may be an expanded flat correction.
And that will explain the sharp spike to complete that wave today.
We will know soon enough if this pattern will hold by that reversal into wave ‘3’ of ‘i’.
Its a long time coming to be honest.
so now would be a good time to get this pattern going into wave ‘a’.

Tomorrow;
Watch for wave ‘2’ to complete and wave ‘3’ to turn lower again to hit 4256 again at wave ‘iv’.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

The wave (i) low was close to breaking today but the level held at 23.19.
Wave (iv) has stalled again below that level.
So the main wave count is valid for now.
I want to see wave (v) now take the price lower for the next few sessions to break 22.00 again at a minimum.
In an ideal scenario we will see wave (v) extend lower towards the 21.00 level to complete wave [c] and wave ‘2’.

Tomorrow;
Watch for wave (v) to take over now and then continue lower to break 22.00.
The wave (i) level should hold at 23.19.