Elliott Wave Update ~ 6 February 2023

The Bible, The Book of Matthew, Chapter 24:

3 And as he sat upon the mount of Olives, the disciples came unto him privately, saying, Tell us, when shall these things be? and what shall be the sign of thy coming, and of the end of the world?

4 And Jesus answered and said unto them, Take heed that no man deceive you.

5 For many shall come in my name, saying, I am Christ; and shall deceive many.

6 And ye shall hear of wars and rumours of wars: see that ye be not troubled: for all these things must come to pass, but the end is not yet.

7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.

8 All these are the beginning of sorrows.

I was wondering when a major earthquake would next appear, and it has done so. I pray for all the people suffering through such things. The latest here:

“Shocking Aerial Footage” – 3,000 Dead So Far In Turkey-Syria Quake, 1,000s Of Buildings Collapsed | ZeroHedge

If this is the “beginning of sorrows” as Jesus spoke about in verse 8 – and I have proposed, we are indeed into – then there will be more earthquakes of great magnitude across the world. This is not God’s wrath. This is the wrath of Satan and his minions. Does God give Satan the power to shake the earth temporarily at these end times? The bible does not say why we have earthquakes worth mentioning at the end times. Some believe it is because hell, located in the center of the earth, is filling up fast.

It could also be that now we have 8 billion on the planet, these once-in-a-century events cause way more death and destruction versus 100 years ago when populations and planet density was much less.

We do know from the Book of Job, that God temporarily granted Satan the power to hurt Job and his family. In fact, a great wind destroyed Job’s children’s house where they were all eating and all 10 of Job’s children died in the collapsed house. We can presume Satan brought that terrible destroying wind and God had granted him that power.

It could be the same in the end times. Satan is granted power to destroy which he excels at anyway. Most of the people that died or will die in the earthquakes that hit Turkey/Syria we can safely assume an overwhelming majority were not saved to Jesus and went to hell as a result. It is a terrible thought but that is the truth of the matter. We cannot hide from the truth. I truly wish they were saved.

And those who are left to pick up the pieces can still get saved by calling upon the name of the Lord Jesus Christ, the only pathway to eternal life.

Bible Way to Heaven by Pastor Steven Anderson – Bing video

The Count

Things are looking shaky all of a sudden. The market has stopped just short of retracing into my key wave marker. If it is to continue upwards, it’ll have to tread water sideways for a bit probably. After having moved above major price resistance of wave A, it may need to consolidate sideways before gaining more traction. Otherwise, the rally is probably over. And it has been a satisfactory rally achieving 50% retrace in a wave (2) so far.

The GDOW is quite elevated which is one reason to suspect the rally is in the final stretch unless you are inclined to buy the corrupt global market in the greatest times of uncertainty the world has ever known for the past 80 years. We have a full-on superpower war, and it is not yet gone “hot” but seems to be headed that way.

And ye shall hear of wars and rumours of wars.

It’s all just computers algorithms goosing each other anyway. Fake markets. Yet they learned and still cannot help but to obey general Elliott wave patterns.

The best count has the Wilshire in wave (2) up. A perfect 50% retrace so far.

Yet technically, my less preferred count of (1) – (2), 1 – 2, is still a valid count believe it or not. Wave 2 is still smaller than the larger wave (2).