Good evening folks.

I pray you are all well this evening.

Here is a video that I came across today that is simply staggering in its clear statistical and  mathematical portrayal of what seems to have happened in the swing states in the recent U.S election.

And there seems to be only one word for it, fraud, at an industrial scale.

I hate to be saying this because I love the U.S and her people.

And I am worried for the western world because we all know that; as the U.S goes, so goes the world.


EURUSD.


EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.


EURUSD is tracking higher today albeit in a sluggish manner.

I am looking at the rise off wave ‘B’ as the beginning of wave ‘C’,
but the action is not very inspiring at the moment,
so the alternate count is not ruled out at all yet.

The minimum target for wave ‘C’ lies at 1.1918 at the wave ‘A’ high.
I will be switching to that alternate count if we see a break of the wave ‘B’ low at 1.1745 again.


GBPUSD


GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.


Cable is still flipping between counts this evening.
I cant say for sure that the decline this week is the beginning of wave [c] down,
simply because a five wave structure has not developed to the downside yet.

I have shown the main short term alternate count circled in red.
This involves a possible ending diagonal wave (c).
In this case,
the price moved lower this week in wave ‘iv’.
And next week we should top out in wave ‘v’ before moving lower into wave [c].

Monday;
If the price takes out the lows on Monday at 1.3105 that will signal wave [c] is underway.


USDJPY.


USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.


USDJPY fell again today in wave ‘c’ of (ii) as expected.
the price broke the wave ‘a’ low and hit the minimum target for an expanded flat pattern.
The 50% retracement level is just below us now and I expect that level should offer support to wave (ii) early on Monday.

Monday;
USDJPY now has a bullish impulse wave in place after a corrective trade throughout the week in wave (ii).
The price must begin a turn higher early next week in wave (iii).
A break of 105.60 again will signal wave (iii) is underway.


DOW JONES.


DOW 1hr.

DOW 4hr

DOW daily.


The main wave count is still valid this evening as wave ‘iv’ pink.
The price continues sideways in a possible triangle pattern as shown.
this should lead to another push higher out above 30000 in wave ‘v’ of (iii).

There is one issue that I have with the main count right now.
That is the relative size difference between wave ‘iv’ and wave ‘ii’ within wave (iii).
Wave ‘iv’ is much larger that wave ‘ii’,
and this fact does keep the alternate count in play this evening.

If we get a break below the lower bounds of that triangle at 28868 now,
that will favor the alternate count for wave [ii].

Monday;
Watch for that triangle to hold above 28868,
a break of that level should lead to a drop below 28000 as the alternate wave [ii] completes.


GOLD


GOLD 1hr.

GOLD 4hr.

GOLD daily.


Gold seems to have topped out this evening in wave (c) of [ii].
We have a three wave expanded flat in place now in wave [ii],
and the price broke the 38.2% retracement level at todays high.

The price is heading lower this evening again.
This may be the beginning of wave [iii] down as shown,
if so,
that will lead to a large acceleration lower next week as wave [iii] picks up steam.

Monday;
Watch for wave (i) of [iii] to head lower again by the end of the session on Monday.
A break of the wave [i] low at 1850 will signal wave [iii] is in force.


CRUDE OIL.


CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.


I am looking at an interesting pattern off this weeks top in crude.
It is possible to count this move as a series of 1,2 waves down.
This would lead to an extension lower in wave (iii) next week.

We have not broken below any support lines yet so I am still a little hesitant here regarding the full on bearish implications of this count.
So I want to see a break of initial support at 39.50 on Monday to increase the odds that we are rolling over into wave [i] of ‘3’ now.

Monday;
Watch for wave (iii) of [i] to continue lower and break support.
We should see five waves down complete before the end of next week in wave [i] of ‘3’.
The wave (i) high at 42.40 must hold.


S&P 500.


S&P 500 1hr

S&P 500 4hr

S&P 500 daily.


The S&P has traced out a larger three wave correction in wave (b) of [ii] at todays high.
The pattern seems to be a flat correction so far,
and we should see this correction roll over into wave (c) down early next week.
A break below the wave (a) low at 3510 will signal wave (c) is underway.

Tomorrow;
Wave [ii] is now yet complete by any stretch.
Wave [ii] should create a clear three wave pattern and fill that trend channel also.
I am still looking at that 3455 low at the 50% retracement level to complete this move.


SILVER.


SILVER 1hr

SILVER 4hr.

SILVER daily.


The sideways pattern in silver has gone on too long now to call it a correction within wave ‘1’ down.
I am now looking at this pattern as wave ”2′ of (C).
And wave ‘3’ of (C) should follow next week to carry us down towards the 20.00 area again.
The overall target for wave (C) lies in the 18-19 range,
and this level marks a very large shoulder of support formed last year.

Monday;
This week was a holding period in a second wave correction.
We are all but done now,
and I suspect next week will see a sharp move lower again into wave ‘3’.

watch for wave [i] of ‘3’ to drop below 23.55 again.


That brings another week to a close and I want to thank you all for tuning in every night.
The patterns are on the move towards a final culmination,
And my bearish self is not deterred in the short term!

I really do feel that we are now living through sinister and evil days,
the forces of evil do not sleep,
and the have one thing in mind – control.

The devil only ever wanted one thing, total control.
he got it in soviet russia, nazi germany, cambodia, communist china, communist north korea, communist cuba,
and the list goes on.

You may all think that I am coooky for my belief in God and His Son, Yeshua,
who gave His life on a cross for my sins.
But I do believe with all my heart.

Be that as it may,
I want to tell you one thing.

Yeshua spoke of the last days,
and warned of one major sign more than anything else – DECEPTION.
Just read Mathew 24.

“Watch out that no one deceives you.”

And here we are,
deception abounds, and the love of many has grown cold.

Time to get right with God!
How do I do that?
Romans 10:9, CSB: “If you confess with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved.”

Blessings of the Lord of hosts to you all.
Shalom to you all my friends,
enda.



NEW MARKETS, charts only for now.

BITCOIN


BITCOIN 1hr.

BITCOIN 4hr.

BITCOIN daily.


Topping in wave [B].


FTSE 100.


FTSE 100 1hr.

FTSE 100 4hr.

FTSE 100 daily.


Completing a fourth wave.


DAX.


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DAX 4hr

DAX daily.


Topping out in wave [B].


NASDAQ 100.


NASDAQ 1hr

NASDAQ 4hr.

NASDAQ daily.


Topping out at all time high.