Good evening to one and all.

The LORD’s blessings to you all tonight.

https://twitter.com/bullwavesreal

EURUSD.

EURUSD 1hr.

EURUSD 4hr.

EURUSD daily.

The triangle for wave ‘iv’ has held throughout todays trade.
The price seems to be completing wave ‘e’ of ‘iv’ this evening and that should be enough to call wave ‘iv’ complete.
A break abvoe 1.0396 again will signal wave ‘v’ is underway.
And of course now the noose is tight around this count with the invalidation line for the triangle at the wave ‘a’ low of 1.0279.

Monday;
Watch for wave ‘v’ of (iii) to kick off with a break above 1.04 again.
Wave ‘v’ should complete close to the 1.0600 area again.

GBPUSD

GBPUSD 1hr.

GBPUSD 4hr.

GBPUSD daily.

Cable is holding above the wave (iv) low today with quite a weak correction off the wave ‘i’ high so far.
Wave ‘iii’ must continue to hold above that wave (iv) low at 1.1762 for this count to remain valid.
Wave ‘iii’ of (V) is expected to break above 1.2030 over the coming days,
and a five wave rally in wave (v) should top out near 1.2340 by the end of next week.
1.2340 is where wave [c] reaches equality with wave [a] so that level remains the target for now.

Monday;
1.1762 must hold.
Wave ‘iii’ of (v) will be confirmed with a break above 1.2030.

USDJPY.

USDJPY 1hr.

USDJPY 4hr.

USDJPY daily.

The trade in USDJPY has offered nothing to forward the wave count today,
so Im afraid I am repeating myself here!

I am looking for three waves up into wave [a] to complete early next week,
at least then I can be more confident that wave ‘A’ is complete at the recent low of 137.71.
That low must hold now as wave ‘B’ continues.

Monday;
Five waves up into wave (c) of [a] is what I am looking for now.
The target for wave [a] lies at or near 142.50.

DOW JONES.

DOW 1hr.

DOW 4hr

DOW daily.

Three waves up to a lower high,
that is what we are left with now after todays trade.
That does not help the short term count at all I’m afraid!

The market was pretty quiet today and that seems to be because of options expiry today.
But the action has not revealed mush more regarding the next step in the pattern.
I am sticking with the idea of an ending diagonal in wave ‘v’ again tonight,
simply because this has not been ruled out yet.

In this scenario I expect the final run up in wave ‘v’ of (c) to create a three wave pattern overall.
and to complete above 34000 again.

This ending diagonal pattern will be ruled out if we break below 33150 again at the wave ‘4’ low.
IF we see a sharp decline on Monday,
that will signal wave [ii] is already complete at the recent high,
and wave ‘i’ has begun.

Monday;
Watch for wave ‘5’ of ‘v’ to break 34000 and then reverse in an impulsive pattern lower to begin wave ‘i’ down.

GOLD

GOLD 1hr.

GOLD 4hr.

GOLD daily.

Gold has dropped off the wave (i) high in three waves so far and at the moment,
if wave ‘c’ reaches equality with wave ‘a’ it seems we will hit the initial target at 1728 early next week.
At that point we will see how the price reacts to that support and then make a judgement on how wave (ii) will proceede from there.
There is a possibility that 1728 will be enough to complete wave (ii),
but we will see how it goes.

Monday;
Watch for this initial three wave decline in wave ‘a’ to complete near 1730 or so.
Wave ‘b’ should begin on Tuesday I suspect and then trade sideways for a few days.

CRUDE OIL.

CRUDE OIL 1hr.

CRUDE OIL 4hr.

CRUDE OIL daily.

Crude has had a complete wipe out of a week this week and this action seems to fit the wave count for wave (iii) blue now.
The price has held above the wave ‘1’ low from september so far,
and I have labelled wave (iii) as complete at todays low.
The bounce this afternoon is in three waves also,
so that suggests wave ‘a’ of (iv) is now underway.
And if this count is correct here,
then wave (iv) should correct higher and complete below 84.00 at the wave (i) low.
Wave (v) should fall back bel0ow 76.00 again to complete wave [i] of ‘3’ later next week.

Monday;
Watch for the wave (iii) low to hold for a few sessions as wave (iv) continues to correct to a lower high.
Wave (i) should hold at 84.00.
A break of 84.00 will rule out this pattern for wave (iii).

S&P 500.

S&P 500 1hr

S&P 500 4hr

S&P 500 daily.

The S&P is actually lining up reasonably well off this weeks high.
The decline off that wave (ii) high could be a leading wedge pattern in wave ‘1’ of ‘i’.
The market has created a lower high this evening in wave ‘2’,
and the decline has resumed of wave ‘2’ again.

I cant confirm this pattern yet,
but if we see a break below the wave ‘d’ high at 3859 again that will rule out the possibility of a new high in wave ‘c’ of (ii).
So that level at wave ‘d’ is now the key to this pattern.
A break of that level will increase the probability that wave (ii) is done,
and wave ‘i’ of (iii) is underway.

Monday;
Watch for a signal that wave ‘i’ is in play with a break of 3859 again.
If this count is correct,
then the wave ‘2’ should hold at todays high.

SILVER.

SILVER 1hr

SILVER 4hr.

SILVER daily.

I am looking at this decline a little differently today,
there is a possibility that todays high is actually wave (iv) of [i].
Wave (v) of [i] should fall again on Monday to complete this initial impulsive decline.
And I would like to see a break of the 20.00 level again at the wave [i] low.

Monday;
watch for the decline to continue in wave (v) of [i].
the price should then begin a correction higher in wave [ii] later on next week.

If this count is correct,
then we should see a pretty bad few weeks ahead in silver as wave ‘5’ takes hold of the price.