Good evening to one and all,

I pray the Blessings of Messiah Yeshua to you all again tonight.

Here we go.

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

EURUSD is finally reaching the ideal pattern in wave (v) of [v] this evening.
We have a clear five wave pattern lower off the wave (iv) high now in place.
I have a hunch that wave ‘v’ pink might need one more drop into about 1.1520
to complete a five wave pattern internally.
And then we can begin the quest for a large three wave rally in wave (E) with an initial target in the area of 1.20 again.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Wave (ii) has topped out today alright and now we seem to have the makings of an impulsive decline again off that high.
I am looking for a five wave decline in wave ‘i’ pink,
followed by a lower high in wave ‘ii’ over the next few sessions.
this action will indicate that wave (iii) down is about to begin.

Tomorrow;
Watch for wave ‘i’ to complete with a break of 1.3525 again.
We should see wave ‘ii’ correction higher tomorrow also.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

Todays action definitely favors the larger wave (ii) idea now.
We have a solid lower high in place for wave ‘b’.
And now a sharp decline into wave ‘c’ is underway.
Wave ‘c’ should complete with a break of 110.80 again.

Tomorrow;
Watch for wave ‘c’ to continue lower overnight and then complete tomorrow with a break of the recent low at 110.82.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

the market seems pretty range bound these last few days.
And with that action it is easy to see us battling through a corrective second wave.

I have fleshed out the count for wave ‘ii’ pink.
this involves a running flat correction in wave ‘b’ at todays lows,
and now a rally again in wave ‘c’.
Wave ‘c’ should break above the wave ‘a’ high again to complete three waves up in wave ‘ii’.

the price is then set for a reversal into wave ‘iii’ of (iii) before the end of the week.

Tomorrow;
Watch for wave ‘c’ to complete early tomorrow with a break of 34490 again.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold has now traced out a three wave decline into wave ‘ii’ at todays lows.
the price hit 1745 and then spiked higher.
It is now possible that wave ‘iii’ of (i) has begun.
and we should see that wave continue higher towards 1790 again to complete.
It looks possible that we will complete wave (i) up by Monday evening all going well.

Tomorrow;
watch for wave ‘ii’ to hold at 1745.
Five waves up is now expected in wave ‘iii’ over the coming days.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Crude turned lower today in wave (iv) of [v].
The price is close to invalidating this count this evening though,
as wave (iv) must hold above 75.93 at the wave (i) high.

If that level breaks,
that will trigger the alternate count for wave ‘3’ blue.
And wave ‘4’ will be underway at that point.

Tomorrow;
Watch for wave (i) to hold at 75.93.
wave (v) should turn higher again and break the 80 handle to complete.

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

It look like todays whipsaw action has completed a running flat correction in wave ‘b’ at todays lows.
and now I am looking at a rally in wave ‘c’ of (ii) today.
This wave ‘c’ should complete with a break of 4376 again at the wave ‘a’ high.
At that point I will begin looking for a rapid decline to begin in wave (iii) of [iii] over the coming days.

Tomorrow;
Watch for wave ‘c’ to complete early tomorrow with a pop above 4376 again.
If we see a rejection of that 4400 level tomorrow also,
that will signal wave (iii) down has begun.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

Silver did not quite hit the target for wave ‘c’ of (ii) today,
but, after that spike higher off the low today,
it does suggest the pattern in wave (ii) is now complete.
and wave (iii) up is on the cards over the coming few sessions.

Tomorrow;
The low of wave (ii) at 22.19 must now hold.
Wave (iii) up should begin with an impulsive break above 22.76 again.