Gold - Primary wave  high. In Minute [v] of 5 up.
Dollar - A Cycle wave II low multi-year double bottom.
30 -year Bonds - (2) of  major low in yields. With (3) of  up in yields soon to commence.
Wilshire 5000 - (C) of P.
So all are seeking their endgames I believe. This was predicted. And it actually seems to be working out that way.
Gold. Shooting for the upper channel lines above? One has to respect that potential. This is non-log scale.
Dollar count. Regardless of the noise, I'm looking at a potential multi-year double bottom here.
Jim Rogers now announced he was short bonds in June. The sideways support has made him feel comfortable to say that perhaps. I am still looking for a challenge to my blue box area. I wonder if its coming. I must trust that it is.
The market is still 3 weeks out from this marker. The debt ceiling drama will have likely been "solved" by then to everyone's delight that they think they averted a market disaster. I of course rather believe the market is in a major topping pattern regardless.
Yes the debt ceiling may be a drama, but it does matter, it is important, and it does reflect a changing social mood has finally had an impact on the rubber-stamping Congress.
On a Wilshire 1 minute chart you can see a better count may be 5 waves down from Friday's peak and 5 waves down from today's late afternoon high. So that suggests the short term trend may be down.
NASDAQ100 looks wedgy at the top of a fifth Minor wave. Thats usually a bearish formation. But finding the end of the wedge is sometimes a tricky affair.
There is still a valid Minor 5 count but that would require the Wilshire to make higher highs soon.
And of course we have our triangle counts intact, two variations: