Elliott Wave Intraday Update ~ 11 Oct 2022

COMMENTARY ON UKRAINE ESCALATION

The more the Russians attack infrastructure within Ukraine, the more the likelihood of some kind of infrastructure retaliation inside Russia itself. I think this is what Team Babylon USA-NATO ultimately want. They have desired wanton destruction in Ukraine so that we are more apt to escalate and get directly involved. A reason to provide Ukraine with the most advanced long-range missiles capable of damaging targets within Russia itself. Or a reason to enact a no-fly zone.

The West wants Russia to commit itself full-scale in its war with Ukraine. To commit even more military to advance within the country. For when this happens, NATO could get involved and with much of Russia’s conventional military on the move toward Kiev (again), the trap will be sprung. A half squadron of A-10’s would have made mincemeat out of any 40-mile-long convoy as was earlier in the campaign.

This makes sense as the West will not stop until Russia is subdued as a threat to Team Babylon New World Order. Putin himself may actually be in on the global conspiracy to create a one world government as I have suggested numerous times before as he is a card-carrying WEF member. Regardless, Satan has put it in his heart to wage war and even more war, for what purpose we can only guess.

But it is clear most of NATO is itching for a fight with Russia. This can only happen if Russia keeps indiscriminately attacking Ukraine and creating a “humanitarian crisis”. After all, winter is coming and tens of millions without power, water, heating, etc. will give the rest of the world a reason to get involved. Putin has taken the bait once again.

THE WAVE COUNTS

Both the SPX and Wilshire 5000 have confirmed with today’s new 2022 intraday low that 5 waves have occurred since the wave (2) peak. This would form Minor 1 of (3) down. We can then expect a bound for Minor 2, and then the markets would be setup for a major crash in 3 of (3) down.

I hate to be nitpicky, but I’m a bit disappointed Minor 1 is not much lower in price. Perhaps today’s low was only subwave (i) of [v] of 1 of (3) down. regardless, it’s a wonderful Elliott Wave structure.