Good evening folks, the Lord’s Blessings to you all.

Just a chart update tonight I’m afraid. Ive been on the road with my daughter and we are just into our hotel for the night. Its been a long day, so I need to hit the hay. I will do a normal update tomorrow now that we are settled!

Until then, Bon nuit!

 


https://twitter.com/bullwavesreal


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I am going to stick with the main count for the S&P tonight with the top of the session marking the end of wave ‘a’ of (iv). 
The rally has reached the previous wave ‘4’ high now, 
so wave ‘b’ should turn down again sometime tomorrow morning. 
And if we see a break of 4200 again that will signal wave ‘b’ is underway. 

Three waves down in wave ‘b’ is expected to hit about 4150 again. 
It might take until next week to turn higher in wave ‘c’ again if this pattern holds. 

Tomorrow;
Watch for wave ‘a’ to top out and reverse early tomorrow.
I am looking for a break of 4200 as the signal that wave ‘b’ is underway. 


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Silver has been whipsawing around this range all day now and this action does fit with a corrective wave. 
I have labelled this sideways move as wave ‘4’ of ‘c’. 
If this is correct,
then wave ‘5’ of ‘c’ should turn lower again tomorrow. 
And the minimum target for wave ‘c’ lies at 22.43. 
I do actually want to see a larger decline in wave ‘c’ of (ii) with the 62% retracement level still a favored target level at 22.18.
Lets see how it pans out as this pattern completes. 

Tomorrow;
Watch for wave ‘4’ to complete soon and then the price should fall again into wave ‘5’ of ‘c’.
A break of 22.43 is the minimum target for wave ‘c’.


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