A day late, but finally both the DJIA (24th Fibonacci sequence #: 46,368 – intraday high of 46,396) and SPX (6666.66) hit the targets predicted on this blog back on 22 August, and on the same day which was also suggested. In fact, Friday’s close the SPX finished at 6664.36. Remember the 2010 intraday low was 666.79.
The squiggle count supports a top and certainly has enough waves to be considered complete.
Some crazy low CPCE ratio number on Friday: .45 ratio. It’s been quite some time since the market has seen any real panic and that’s including the sharp decline of early 2025.
It’s also been a while since the NYSE experienced a “negative” event that resulted under .40 breadth (the bottom red horizontal line). So, the market is due for a panic event.
Gold has ripped higher out of what looks like a small consolidating contracting triangle. This also might indicate a final wave move.
CONCLUSION AND SOCIAL MOOD COMMENTARY:
Charlie Kirk’s memorial event tomorrow is expected to attract over 100,00 people and will likely be celebrated all over the earth. I believe Charlie Kirk is a Christian martyr. I believe he is in heaven because he believed on Jesus Christ by faith alone and not of his own “works”. He seems to have believed in “once saved, always saved” (eternal security of the believer) which is in fact the heart of the gospel: that we will live forever once we have placed our faith in Christ in a moment of time.
In a sense, Charlie Kirk is actually the 1st saved Christian martyr being recognized worldwide. No, Martin Luther King was NOT a Christian. He didn’t even believe on Jesus’s resurrection, didn’t believe Jesus was born of the virgin Mary, didn’t believe he was even God. MLK was a child of the devil. MLK was a fraud by every measure.
Documentary Marxist Lucifer King full movie on MLK Martin Luther King Jr
And no, Billy Graham wasn’t saved and was also a false gospel prophet teaching we must “repent of our sins” (works) to be saved. And don’t get me started on any Catholics. Pope Paul II is burning in the lower depths of hell as is Mother Theresa. They didn’t trust on Jesus by faith; the Catholics teach that you must have “good works” also to go to heaven. They trust on themselves.
The stock market is Satan’s. He likes to communicate through symbolism such as the number 666. The fact that an actual saved Christian – who is more than likely saved and is now in heaven – is a most unlikely social mood marker to be a potential stock market “topping” event. But all things work together for good for those who love God.
If there was ever a time for Satan to pull the plug on the global financial system, this seems the perfect spot to do so. 666 at the bottom. 666 at the top. All waves seemingly in place. Late September, a typical place of social mood oncoming winter downturn. The “AI bubble” gargantuan in nature and being exposed daily that it is also a fraud.