I suspect the Labor Department/OSHA “rule” on how to implement the jab mandate to companies with more than 100 will be released tomorrow. And then the mass mandates from all Wilshire 5000 corporations and companies with over 100 employees (probably nearly all of them) will come about next week.
Economic disaster is coming to the world.
As far as the beginning of the 7 year tribulation, we don’t know if it has yet to begin but I suspect not yet. I am now eyeing 10 October 2021 for the start. Will the market make a new high to coincide with that date? There is a valid wave count so it’s possible. Wave [iv] would be labeled as an exaggerated expanding triangle.
Much like the exaggerated expanding triangle that formed Primary wave [4] from 2018 – 2020.
There is still a (i)-(ii), i-ii count to consider. It also is at an extreme but one could expect no less in this crazy market. But the height of the retrace of ii in comparison to (ii) is probably too deep. Therefore the second 5 minute chart looks better.
So a better way to label would probably just make the entire structure (i) – (ii). And that sorts out the missing wave we had in the middle of iii down anyway which was bothersome.
Also note how it was flirting with the 46,368 Fibonacci number and closed under it. The high was 47,277 on September 1st, which is only 2% above 46,368.
