Today is what is known as an “engulfing candlestick” day. Prices gapped higher at the open above yesterday’s prices and then finished lower than yesterday’s low. This is a bearish reversal candle that completely “engulfs” the previous day’s upbeat market move. And as I stated on the last update, the count would start to look better if we had a lower low to form some kind of decent impulse lower. Today was a good day in the bearish direction to fulfill that pattern.
It’s the dog days of summer. I actually started going to a new church this past month and we actually go soul-winning door to door. It’s a blessing!
I still very much like this hobby of tracking markets particularly I think it will clue us in on end times. I am awaiting the second seal of Revelation – global war – but that may not come until 15 February 2024 more or less. I fully expect another 6 months of lead time until global war. And the definition of global war is when Team Babylon USA (and probably NATO included) is directly shooting down Russian or Chinese jets. Until that happens, I would say the 2nd seal of Revelation has not occured.
There is not much else to ponder. Quite frankly the market can go to hell I just don’t care. Interest rates are expanding once again, and the entire system is one of Jewry usury upon the poor meant to enslave. I win in the end. I am a believer in Jesus I have already won. And I only hope to get others saved at this point that is all that matters.
The fag Zelenskyy is still the optimum “Antichrist” and yes, he is losing. But the bible says the Antichrist wins and rules the world. So, it’s a “litmus” test so to speak. Obviously if he is killed, he was just a “foreshadow” of the real Antichrist to come. But amazingly he has hung on to power and still demands fealty and receives it.
Remember, the Antichrist of Revelation receives all power from Satan himself. Which implies that ALL world leaders are to take a “hands off” approach unto him. After all, they are all “in on it’ they are all in on subduing the populations of the world to enact the New World Order. This is their goal, and they are getting old. Satan has promised his children of the devil eternal life if they do his bidding.
The world really does end in one gigantic Satanic conspiracy.
I’m ok with the ways things are going. I predicted a market top more or less on July 20th and it occurred a biblical 7 days later on 27 July. So far that high has held.
The count would look decent if we impulse one more squiggle lower.
The Ponzi has already been popped and no one realizes it just yet. Total global financial collapse is coming one way, or another chaos is coming. Transitioning to a “new” system means the old must first be destroyed.
China. They have their own social mood problems. When this trendline breaks.
Lazy days of summer roll on. Best guess squiggle count.
There are certainly enough waves in place to consider wave (2) complete.
Well, if things are going to peak and turn as is the primary count, then it should be sooner that later. We can consider all the squiggles in place except maybe one final new uptick to form the last squiggle wave (2) high.
We had a tight and steeper up channel for wave [iii] of C of (2) and a less steep up channel for wave [v] of C of (2). So that makes sense. However, the pink channel is still very much intact. Perhaps the week will end on an upside note tomorrow.
And the larger channel the upside has also been met twice. So, everything counts excellent as a giant A-B-C since the Oct 2022 low. Now we will we see the aftermath. Should be interesting. The old bull mania seems to be back in full swing.
All the squiggles are there if this is the correct count. See the DJIA charts for the medium term alternate.
Again, prophecy-wise, the preferred time frame for the 2nd seal of Revelation is 15 February 2024 which implies the stock market may hold up until then. Let’s imagine a scenario in which the DJIA reaches another all-time high and the number would likely be “DOW 40,000” in a 6 month grind higher.
The squiggles support this because we may have broken in wave [iii] of 3 of (3) of [5] up which implies quiet some work is left to do.
Tomorrow is 20th of July which is my alternate date for the unveiling of the 2nd seal of Revelation – the unleashing of global war. My preferred date is 15 February 2024. So, we may have another 6 months of buildup. Or any day in between really it could happen. In other words, we are approaching a most dangerous 6 – 8 month time window for the world.
A couple of variations on the squiggles.
Junk is not keeping pace.
Finally the DJIA has achieved an A-B-C but is it wedging? Probably not.
