It’ll be curious to see if the upward angle of advance can continue. If so, expect some more upside surprise maybe tomorrow and a push through Monday to rise above the February 2023 high sometime next week. If upside surprise occurs tomorrow, it will likely confirm (2) up is still in progress as shown. It is the favored count on account of the NYSE breadth thrust event detailed a few posts ago.
Despite the upside breadth event, if followed by a downside breadth event, then the bear market will have given evidence that it has re-emerged with a vengeance. In other words, if we get a “negative” breadth event of 10 days or less (from above the line to beneath the line) then the bearish count will come again to the forefront.
I say this up front as this is something I am looking for a possibility to occur. The Titanic has been gashed and it is taking on water. Most of the passengers do not yet realize the mortal danger they are in. Interest rates rises have already destroyed and popped the global financial bubble. It is only a matter of exact timing of when and how it all falls apart. But know this: every bank in the world is “underwater” according to how modern fractional reserve lending rules exist at the moment.
Fractional reserve banking was implemented by the Jews for the very moment to impoverish the planet. Satan is calling the shots and the bible tells us in Revelation that those that call themselves Jews (the Jews) are of the Synagogue of Satan.
Once the order is given to “release the Kraken”, there will be no turning back and those who worship the Federal Reserve (worship the Jews in reality) and expect them to “rescue” the Goyum middle classes of the globe will be sorely burned and disappointed. The entire 100+ year history of planned Jewish global banking was created for the very moment at the end to rip apart society of the old-world order so that destitute people will clamor for the new.
There is a silent mega-bank run going on and the Jewish media has been gag ordered not to report on it too much for now. Social mood is already turning worldwide just look at France who are typically the leading edge of expressions of social mood. The French know how to riot.
