Elliott Wave Update ~ 3 Nov 2021

The wave pattern is developing nicely. All the indexes are pretty much aligned with each other in their respective subwave counts.

There are 2 different versions of the extended fifth wave count, so I decided to just go with the one as they both say the same thing anyway. This is the more “classic” way of labeling an extended wave five. It is ridiculous in length and now time. But if this is the “end” there couldn’t be a more appropriate spot as the mania goes onward and upward.

The Wilshire weekly. Dancing above the channel line.

Just incredible leverage being used to pump prices. I suspect there is a HUGE air pocket beneath everything. Price discovery in the coming bear market will be fun to watch.

DJIA count is better counted in a differing way. The large relatively sideways price action from May to October fits better as an Intermediate sized wave. The Wilshire above did not have a sideways price action.

So everything is probably looking for the top of their respective subwave threes, a pullback, and then the final wave.

No more DOW theory divergence. But who cares. Look at that weird spike candle. It actually makes more sense that both the Industrials and Transports spike to all-time highs at the end of the mania rather than a divergence. This is the end of the world you know…

Elliott Wave Update ~ 27 Oct 2021

THE COUNTS

There are 2 primary ways to label the Wilshire 5000 at the moment and they are both practically the same count just differing locations of Minor subwave markers.

The “classic” extended fifth wave has wave (5) extending twice. In other words where Minor 1 of (5) is marked, it would have made for a good wave (5) peak but it didn’t quite peak there and thus it became the first subwave 1 of (5). Then when we get to where another wave 5 of (5) spot is, it didn’t quite peak and then that becomes yet another subwave [i] of 5 of (5). In this count, it can only extend twice as shown. There shouldn’t be a third such extension. You can see in how the market it starting to lose momentum and is no longer rising overall upwards at the same angle as before.

In theory, an extended fifth wave of this magnitude foretells of impending exhaustion and doom. It has stretched itself in both price and time thus cheating nature in sense. All that expended energy will be paid back rapidly in full and usually with interest. In this count, the bearish outcome is a rapid price collapse back to beneath where wave (5) started. At the moment, that is about a 33% price collapse. A bear market +.

All the greedy mom and pop 401K’s who are so complacent and lazy and trained to “stay put” will do just that.

But a real bear market inflicts pain on even the most ardent of dip buyers.

Just like everyone sins, everyone has a sell point where they can endure no more pain. The coming bear market will test the world for each person’s selling point.

And thus the weekly would look like this:

Wave [5] is much out of proportion indicating it has extended and now obvious since it blew prices above the upper channel line and has been persistent.

And another view of the weekly:

The other acceptable wave to label is also an extended (5) yet the minor waves are just in a different position.

Possible Squiggle.

Elliott Wave Update ~ 26 Oct 2021

COMMENTARY

All is going according to plan. The py-ops war on the “unvaccinated” continues apace. Again, I have shown how this entire global “vaccine” campaign is a foreshadow of the coming “mark of the Beast” as foretold in the Revelation of Jesus Christ. This is a test from God to all of mankind. And we are failing it miserably.

The “pestilence” of Covid-19 is also a foreshadow of prophesized pestilences also as foretold in the Bible by Jesus himself. Throw in the “rumours of war” with China potentially attacking Taiwan or Israel attacking Iran, and we have another component in place.

The last component would be mass conflict itself. But that has yet to happen as social mood, as reflected in the stock market, has yet to turn southward and go sour. I do believe the final 7 year countdown to the battle of Armageddon has begun on 21 September 2021, with the Battle of Armageddon taking place on or just before 21 September 2028. That means the first resurrection/rapture – the Second Coming of our Lord Jesus Christ – would occur in Spring of 2025.

Mass world warfare comes to the earth once the second horse of the Apocalypse is released. I believe the first horse was released on 21 September, a little over a month ago. The first horse would be Satan after he was kicked out of heaven and has come down to this earth. Satan is working hard to deceive all nations and peoples and tongues and by the looks of things, he is succeeding. He is setting the stage for the second horse to come down and that second horse will bring war as peace will have been taken from this earth.

So that is what we await: Mass world warfare. And that is why we watch the stock market count very closely. Obviously the stock market is still rising and thus we still have peace on this earth. And when you consider things, there is mass peace on this earth with no wars to speak of going on anywhere at this moment. Sure we have the usual crap in the usual places, but really, it is incredibly peaceful despite the building internal pressure of the masses.

Again, I am no prophet, just merely believing in the signs of the times and I am not alone in this thinking. But if we have no mass world at war, then we are not in the tribulation/wrath of God final 7 years. Yet war doesn’t have to come right at the beginning of the 7 years. It may take a few months or even many months for the buildup which I believe is happening. It may take a stock market crash to prove a collapsing social mood which will be a precursor for war. Simply put, the people of the earth will demand war, and war is what they will get.

If my hypothesis is correct, we should be seeing mass world warfare within a year at the most and that is likely too long. My bet is by June/July/August 2022 at the latest with an eye toward something sooner. We shall see.

THE COUNTS

Everything seems to be in sync. The best count of the Wilshire is we are looking to confirm the top of Minute [iii] of 5 of (5).

Incredibly, the DOW Transports have yet to make a new closing or intraday high missing it by mere points thus keeping “Dow Theory” of non-confirmation intact for now.

We are not in hyper-inflation we are in supply-side system shock. And it is intentional by the Satanic-worshipping reprobates running the world. Pricing us into destitution.

The labor shortage points toward one thing: deflation. Sooner or later things will be closing down. There will be less goods, less restaurants, less stores and eventually everything will begin to contract. That contraction has yet to start but it is surely coming. The mass vaccine mandates still are working their way through the system.

The dollar. It is the bonds that will collapse first. Bonds are sold into dollars. Mass selling of bonds will put a demand on dollars. Seems simple to me.

Elliott Wave Update ~ 25 Oct 2021

There are two ways to label the Wilshire 5000 at the moment, both are similar so it’s a moot point at the moment.

My preferred take is here. This implies wave 5 of (5) needs to stretch it’s legs at a bit still.

The other implies a more shortened course.

Possible squiggle count using option 2 subwaves.

Elliott Wave Update ~ 22 Oct 2021

THE COUNTS

This is the best count for the Wilshire 5000. I cannot put (1) where (3) is because it would violate a key EW rule that a wave three can never be the shortest. That would be where wave [iii] of 3 of (3) is now. That counts does work on the DJIA because that rule is not violated on the DJIA. It just goes to show how broken this market is.

On the DJIA you can label the peak in Sep 2020 (1) because the subwaves do not violate hardcore Elliott Wave rules. It does not work for the Wilshire 5000 which is why I have the Wilshire 5000 in a different count.

Ultimately the glaring discrepancy between both indicates an extremely fractured market that is ripe for the crash of a lifetime.

Elliott Wave Update ~ 20 Oct 2021

THE COUNTS

I screwed up the count yesterday, I posted the count in haste. Here is the proper count I meant to post yesterday. (I had the green [iii] and [iv] of 5 where I wanted them but screwed up the 1,2, 3 and 4 Minor blue – that was a sloppy oversight)

DJIA may be in a different count , but it all points to the same ending.

Transports are still far below there all-time high thus creating a very major DOW theory non-confirmation event.

Elliott Wave Update ~ 19 Oct 2021

THE COUNTS

The overall market breadth is weak. The NYSE made a new all-time high today and the up volume vs. down volume was only a ratio of 1.75:1. The advancing stocks vs. declining stocks ended the day at a ratio of 1.57:1.

It only makes sense to tweak the Wilshire 5000 to a somewhat similar subwave count. And once we did so, it fulfills all Elliott Wave rules and guidelines the best.

There really is not much changed other than adjustments of where certain subwave degrees are labeled. This is still labeled as an extended wave (5) regardless.

That is not to say the primary count of Minute [ii] from yesterday is completely abandoned. For if the market fails to make a new all-time high on the Wilshire we may indeed be seeing a “double-top” situation whereas if the market crashes anyway (which is the ultimate projection regardless) we can sort the overall count out later.

Who cares? The market will crash when war comes. if this is the 7 year tribulation it will certainly happen.

Regardless, here is one potential fulfillment of the “Double top” whereas the Wilshire fails a new all-time high.