Good evening to one and all, and may you all be mightily Blessed by the Messiah Yeshua tonight.

MORE and MORE charts to chew on!

Again, talk about a horrific setup!

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

The action in eurusd today is still moving within that declining trend channel for now.
the price has not accelerated lower as expected today so that is a red flag,
and I will have to see if wave (iv) is going to develop into a bigger pattern or not.

The short term count calls for wave (v) of [iii] to continue lower,
and as long as the price remains in this falling trend channel,
then wave (v) is in play.

Tomorrow;
Watch for wave ‘iii’ of (v) to break 1.1847 to confirm the count.
1.1975 must hold.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Cable has fallen again today to begin wave ‘iii’ of (v) of [i].
The price has not broken the minimum target for wave (v) at 1.3782 yet.
But that should occur tomorrow to confirm the larger pattern.

the same assumption applies here as in eurusd.
If the price holds within the falling channel,
then wave (v) is still in play.

tomorrow;
Watch for wave ‘iii’ of (v) to continue lower and break 1.3782.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

Wave ‘2’ is holding onto the price again today and it will not let go!
the price is falling correctively again,
and the low of the session hit the 50% retracement level of the wave ‘1’ advance.
It looks more likely every day that the price is going to reverse higher into a third wave.
but until we get an initial spike off the wave ‘2’ low to break 111.11 again,
then we cant confirm the rally into wave ‘3’ of ‘iii’ has begun.

tomorrow;
Watch for wave ‘2’ to find a final low overnight.
Wave ‘3’ of ‘iii’ should begin with a nice sharp rally above 111.11.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

The dow remains well within the declining channel off its all time highs today.
the wave (ii) high is holding so far,
and so the price should reverse into wave ‘i’ of (iii) soon.
A break of the low at 33740 again will signal that wave ‘i’ of (iii) is in force.

For now I am sitting in limbo again!
The price must decline in a clear five wave pattern to confirm wave ‘i’ of (iii).
we will just have to wait and see over the next few sessions if that happens or not.

Tomorrow;
Watch for wave (ii) to hold at the 34515 highs.
Wave ‘i’ of (iii) down is calling!

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold has hit the minimum target for wave (v) with a break of the wave (iii) low at 1761 today.
It is possible that gold ahs now completed wave (v) of [iii],
but I am erring on the side of an extension in wave (v) tonight until proved otherwise.
So,
todays pattern is viewed as wave ‘i’ and ‘ii’ of (v).
wave ‘iii’ of (v) should push below 1740.
and it is possible that wave (v) of [iii] will complete in the area of 1700 again.
We will see soon enough.

Tomorrow;
Watch for wave (v) down to continue for the next few sessions.
The price must hold below 1782 for this pattern to remain in force.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

There is a small five wave pattern in place off the recent high in crude now.
I have labelled this as wave (i) down complete.
WAve (ii) should correct higher to a lower high and complete below 74.23.
It is possible that wave (ii) is already complete at todays high,
but I will need to see a decline again below 71.73 to confirm the fact.

Tomorrow;
Watch for wave (ii) to complete below 71.73 again and continue lower towards the next support below the 70 handle.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

Its a new day and the S&P has put in a new all time high again.
It wouldn’t be a good Tuesday without it eh!

The pattern for wave (v) up has now fulfilled the expected Fib targets this week.
Wave ‘v’ has reached equality with wave ‘i’.
And wave ‘v’ has hit the 162% extension of wave ‘i’ off the wave ‘ii’ low.
this is a common target level within a diagonal pattern.

So again we reach the end of a pattern,
and again I go hunting for another trap door moment to open up the downside possibilities again.

tomorrow;
Watch for wave (v) to show signs that we are down here.
4137 marks the first significant support level at the wave ‘iv’ low.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

Silver complete a triangle overnight in wave (iv) grey.
The price dropped sharply off that level and pipped below the wave (iii) low at 25.54 again.
Wave (v) is expected to complete a five wave pattern lower as shown over the next few days.
I would like to see wave (v) and wave [iii] complete with a break below the 25.00 handle again by the end of this week.

Tomorrow;
watch for wave ‘i’ and ‘ii’ to to complete below 26.11.