Elliott Wave Update ~ 24 Feb 2022

The West’s sudden obsession with “Ukraine” over the past many weeks is just an engineered distraction from all the totalitarianism and failed “vaccine” campaigns going on in the so-called “democratic nations”. We have been provoking Putin for years. Who cares if Ukraine is swallowed whole back into the Russia? Adrenochrome-fueled Biden pushes the narrative. The compliant faggot media dutifully regurgitates the propaganda.

It is Ukraine where Biden enriched his family fortune with crack-smoking Hunter as the front man taking bribes from the Ukrainian oligarchy. Don’t think that Putin doesn’t know every detail. Who knows what kind of blackmail the Ukrainians and Russians have on the Bidens? Perhaps it’s just that simple. The media ignores this angle. It all makes me sick. I couldn’t give a rat’s ass anymore.

It’s all theatre for the stupid and gullible. And if you took the Covid “jab” and do not regret it, that makes you the target for the propaganda. Well done.

The problem is when you unleash and provoke a war, things don’t usually go as planned. This could be the beginning of the world wars I have been predicting to happen no later than June 2022. Directed by Satan and the Antichrist himself. We shall soon see. Surely buy the dip!

THE COUNTS

I was going to get very detailed in the market action analysis today. But I’ll make it simple. We have 5 waves down on both the Wilshire 5000 and Composite. Perhaps this is simply telling us this is the end of wave (1) down.

Yes, there is a rule violation slightly on the Wilshire where 4 overlaps 1 in price. But it is a very minor violation.

Yet the DJIA and SPX is in a different count and do not exhibit 5 waves down.

Therefore, the Wilshire 5000’s primary count could very well continue to be very bearish. Today, though a robust rebound, was perhaps merely just another wave two prior to the bigger plunge of (iii) of [iii] of 3 down. I prefer this more bearish count until proven otherwise.

And that gives us a target box for Minuette (ii). When the relief short-covering rally ends, prices should plunge lower and this time there will be less shorts because they will have been shaken out. And we’ll have a true panic day versus the orderly selling and market moving that has occurred so far.