Elliott Wave Update ~ 2 July 2021

THE COUNTS

We have to suppose that the Wilshire 5000 – pretty much the total US Stock market – is striving to reach the lofty 24th Fibonacci sequence number of 46,368. Today’s close was about 800 points from that mark, a mere 1.75%.

The counts are adjusted to reach that goal of 43,368 and to better make sense of how an extended fifth wave works. Extended fifths only occur at the end of long trends and represent overreach and will lead to exhaustion. It is like running a 10K race and you find out near the end it has been extended to a 20K race. You have done 20K races before so you make good progress just fine. Yet you had expended energy early thinking it was only going to be a 10K race whereas you normally would have reserved for a 20K race. So you eventually make it near the 20K mark, but you are completely spent and exhausted and you collapse at the end and go into convulsions and have a heart attack and are rushed off to the hospital. And as you are recovering they recommend you get a covaid jab and so you do and then you die. Ok I ad-libbed that last part in, but yeah, I can totally see that happening. That’s how I think of an extended fifth.

On the hourly chart below, we can see where we have marked Blue 1 of (5) didn’t quite make a new high in October of 2020. Had it done so, it would have made a very nice spot to count the top of wave Intermediate (5). However, when the market traces (5) waves, and it is not yet “finished”, that final proposed (5) is no longer the peak but reverts to subwave 1 of (5) which is how we have it currently labeled.

And thus the market traces out Minor blue 2 of (5), 3 of (5), 4 of (5) and now 5 of (5). But again on the last subwave 5 of (5) we have a spot on the chart that would make perfect sense to mark the top of 5 of (5). Yet since this is an extended fifth, most often the fifth subwave of the extended fifth also extends. And hence instead of 5 of (5), we now mark it [i] of 5 of (5) and the market is obliged to finish out the remaining wave structure.

So that’s how I came up with the current count which is a small tweak from yesterday’s charts and will more or less align the final subwaves with the target of 46,368 which seems so inviting at this stage. Note that in theory wave [v] of 5 of (5) could also extend in same manner as described above but it is not required.

What I like about the weekly is that you can see the subwaves which lends count credibility and has the correct “look”.

Again like yesterday’s update, the rest of the charts will suppose there is a bump or 2 left to play out for each to finish it’s own wave counts.

BONUS CHART (REVELATION EDITION)

I’m on sermon 15 of 22 covering Chapter 15 of the Book of Revelation. You can find all 22 on you tube.

This is his accompanying chart to go along with the sermons. There are a few methods in which one can calculate that the setting up of Christ’s 1000 year Kingdom may well take place in the Fall of 2028. The first is C.J. Lovik’s brilliant unlocking of Daniel’s 70th week which has mystified theologians for hundreds of years. Yet God said it would be a mystery until the end of times and now it appear to be unlocked.

The second method that yields 2028 as the Return of Christ to set up his Kingdom is based on God’s 7000 year timeline for man. Jesus was likely crucified in A.D. 28 and not 30 or 33 A.D. as most “experts” think. Again, C.J. Lovik’s key to unlocking the 70th week of Daniel was first based on unlocking the true day of crucifixion of Christ. Part 1 here and 2 here. In God’s 7000 year timeline, Jesus died at the end of the 4th day (thus 4000 years) to match the 4th day of Creation in which there was light. He will return at the end of 6 days (6000) years, which would be 2000 years after His death in A.D. 28 so of course 28 + 2000 = 2028. And naturally the 7th day (1000 years) is the day of rest (1000 years) and will be Christ’s Kingdom on earth.

The third method that yields 2028 of the Return of Christ to rule for 1000 years is revealed in the Fig Tree prophecy which simply states that within a generation of Israel’s rebirth as a nation – May 14th 1948 – Christ will return and establish his Kingdom. 80 years is considered “long” life in a generation in Psalm 90 “The days of our years are threescore years and ten; and if by reason of strength they be fourscore years, yet is their strength labour and sorrow; for it is soon cut off, and we fly away.” Therefore, 1948 + 80 = 2028.

So the timeline chart included here supposes that the Antichrist’s covenant (done in secret) with many for one week may be starting very soon indeed. Which makes me wonder, are we charting to the top of the stock market to coincide with the start of event’s that will take us into Daniel’s 70th week? It sure feels that way. In other words, a social mood peak that rolls over into a Grand Supercycle 7 year literal Hell on Earth? I have always predicted the coming bear market to be quite a harsh affair, but this was beyond my expectations of even only 6 months ago.

So yes, I have been horrified what has been happening in the world as you may know from my blogging over the past 18 months. The Coviads jab is not the Mark of the Beast, but it is training billions to take it without thought when it does come. So yes, I am preparing for the end times, because after all, why not? Why wouldn’t we? I certainly don’t want to die the second death. Praise the Lord!

Elliott Wave Update ~ 1 July 2021

COMMENTARY

One of the primary purposes of the bioweapon “vaccine” is to sterilize women (and men) and cause miscarriage and infertility. The jabs are remarkably effective at producing a negative pregnancy outcome as this new study by the New England Journal of Medicine shows an 82% “spontaneous abortion” rate. Yes, I agree with the linked article damning the study in that the study completely deceived the readers into thinking that women in the 3rd trimester are capable of having spontaneous abortions. My bet is that the study didn’t even include ANY bad statistics such as “stillbirth” of the women in the 3rd Trimester. In other words they labeled the study “spontaneous abortions” and only looked at that aspect and ignored all other negative pregnancy outcomes of which there were no doubt many incidents amongst the women in the 3rd Trimester.

Why the heck would they not just study something as simple as “Study for Negative Pregnancy outcomes of Covid-19 vaccines”. And have an ongoing study that tracks ALL pregnancies in ALL trimesters and even the health of the baby after birth? But you and I know exactly why they won’t do this: they are evil to the core and that is why God’s ultimate wrathful judgement is not too far off in the future. And we won’t know for a few years of how many women (and men) are permanently incapable of reproducing due to the permanent internal reproductive organ damage of the bioweapon jab.

If you cannot see the pure evil that has arisen and is gathering speed over the past 18 months, then you are one of the people who has had a veil thrown over your eyes. You took the vaccine and you will surely take the Mark of the Beast when it is finally is demanded a few years down the road from now. And the Followers of Christ who refuse, will face beheading via an efficient “smart” guillotine, one that probably has wi-fi 5G connectivity no doubt.

Vaccine Impact has the latest jab death toll from the U.K.

THE COUNTS

It appears the market is in a similar situation as it was in the runup to the 2020 February peak. Low volatility and extreme leverage except it is extreme-er-er much more this time around. Price action and best wave count seems to point to an extended wave (5) with subwave 5 itself extending. This may have a few more weeks or, even 1 or 2 months to run until the final squiggle is in.

The next Fibonacci, the 24th in the sequence, is 46,368 of which the Wilshire 5000 is now less than 1000 points from reaching. Coincidentally, I just finished learning about the 24 Elders surrounding God’s throne as prophesized by John in Revelation 4. The market seems to be gravitating to this lofty Fibonacci number.

It is interesting to note that the unlocking of Daniel’s 70 weeks of years prophecy foretelling on the return of Christ and His establishing a 1000 year reign, calculates that the earliest possible start to the Tribulation is 28 August, 2021 based on Jesus return to set up his Kingdom in late summer or early Fall 2028. So perhaps we are tracking the final rise – the final Tower of Babel – at the end of the calm prior to the storm beginning whereas there will be 3 1/2 years of unrest, trials, wars, and tribulations particularly for disciples of Christ – i.e. Christians, that is if they are not already taken up in a private Rapture prior to that period. The Book of Revelation captures it all. I am ready to watch video 6 of the 22 part series.

Again, there are enough waves in place, but I doubt it is over just yet.

The rest of the charts tonight will present things from the “extended fifth” wave that tracks through much of the rest of the summer just prior to Labor Day in early September. All these charts are pretty much labeled as if the extended wave is the correct count.

VIX low probably heading toward the green sloping line which resides sub -14 at the moment.

Elliott Wave Update ~ 30 June 2021

COMMENTARY

Having watched C.J. Lovik’s profound unlocking of the mystery of the 70 weeks of Daniel prophecy in the Bible’s Book of Daniel, I am convinced his revelation is true and was ordained by God. His conclusion is entirely based on scripture. We can only know the year and season of the end of the 70th week, not the day or hour. At the end of the 70th week, Jesus will set up his Kingdom on the Earth and reign for 1000 years. He was able to unlock this mystery by first unlocking the mystery of the exact day that Jesus was crucified, and it is very convincing also. Watch Part 1 his video of The Day Jesus Died here and Part 2 here. His Fig Tree Prophecy video is here. His Berisheet Prophecy is here. This also is an amazing video.

C.J. Lovik is also one who believes Jesus’ collecting of the church – i.e. “The Rapture” – will take place prior to the 7 year tribulation. He explains his reasoning in Part 1 here, and Part 2 here. This was glad news for me, I don’t want to go through the Tribulation period. There are however, 2 camps on when the Rapture event will take place. Someone was again kind enough to email me a 22 hour video series (Pastor Steven Anderson) on the The Book of Revelation and I watched the first hour here. He pretty much says that “pre-tribulation Rapture” is false doctrine (I think this series is from 2013), that there is nothing in the Bible that points to a “pre-Tribulation” Rapture, only the Rapture prior to the last 3 1/2 years of the Great Tribulation when Jesus collects his believers and then the wrath of God is poured out of the Earth on the non-believers and wicked people.

To me, the Rapture where Jesus rescues those prior to the unleashing of the final wraths of God will indeed happen as Steven Anderson will surely explain once I watch his videos. Yet it also seems to me a “private” Rapture, pre-Tribulation, one in which C.J. Lovik brilliantly explains, makes sense too. In other words, it is my belief the believers are taken into heaven, and not witnessed by non-believers, to be with Jesus prior to the Tribulation period and then the Tribulation’s first 3 1/2 years will obviously produce more believers (converts) which will then be rescued before the final terrible Wrath of God destroys the rest of the wicked. This final Rapture will be witnessed by all including non-believers (I think – I’ll have to learn more). I will watch the 22 hours worth and learn more about the End of Days as it is most important that we gain wisdom at this hour. In the end, I can see both events happening. Either way we must be ready.

THE COUNTS

Again, there are enough waves in place to consider the count complete.

The next best squiggle count.

The problem with the primary count is that is is “constrained”. In other words, since proposed wave (3) is not the longest wave, wave (5) is constrained in price as it cannot be longer than (3) by rule since wave (1) is already longer. And that is ok, but there are other nitpicking things such as within wave (1) itself, wave 3 and 4 is a bit contrived. And in wave (5), subwaves 1 and 4 technically overlap in price.

And the extended wave 5 of (5) count which is also acceptable and is probably the true count.

The extended wave (5) count may be very well correct. It is not constrained by any EW rules and it is the best fit throughout the structure and there are no rules violations. This is the count which would linger most of the rest of the dogs days of July and August which would seem incredible since we are overdue for a crash. Yet, extended wave fives will finish when they will as explained last night.

Again this would be a classic wave 5 of (5) where not only is wave (5) extended, but wave 5 within (5) is extended.

The count “looks” better in log scale since it spans a very lengthy price envelope. Of course a hyper-extension such as this calls for a hyper-crash, very swift and exacting.

The entire wave (5) is built on more and more lies. Wave (5) started with the massive election fraud lie, continued with the Covid “vaccine” lie, and continues with many lies such as the Critical Race Theory lies. The lies will never end because Satan, the King of Lies, delights in his corruption of billions of souls. A “veil” is slowing covering people’s eyes one by one and they are no longer capable of seeing the truth.

I know two people who confessed they are very hardened non-believers in God (and Jesus) and they both stated that they used to go to church! Their hearts are so hardened, that they will surely be tested greatly in the coming Tribulation period. In fact, they both were so adamant in telling me that God is false, it could only be taken as blasphemy against the Holy Spirit which Jesus said was unforgivable. I can only pray for them.

And then most other people think that they are “good” and that nothing bad will happen (because after all that is what most of our modern churches mostly suggest). They do not repent as a result, because they do not think they do anything wrong. That was me before late. But the more I read the Bible, the more I realize that God is to be feared. Yes, He is the embodiment of Love, but he will exact judgement on all the millions of unrepentant wicked who have plundered and murdered and lied and committed all kinds of foul deeds.

The computer algorithms just keep juicing the delta/gamma leverage.