Elliott Wave Update ~ 7 Sep 2022

Tomorrow is Sep 8th. I’ve had my eye on this date for quite some time. It is the proposed date of the Second Horse of the Apocalypse in which the second seal is opened of the Book of Wrath in Heaven and here on earth peace is taken away by Satan who rules the mortal world.

3 And when he had opened the second seal, I heard the second beast say, Come and see.

4 And there went out another horse that was red: and power was given to him that sat thereon to take peace from the earth, and that they should kill one another: and there was given unto him a great sword.

So, we have that going for us to watch for.

In any case, I am not dogmatic about this prophesy chart timeline. (Kind of like my wave counts LOL). The bottom line is this: If expanded global war does not break out in the next few months – certainly by the end of 2022 – then I am probably wrong about this timeline chart.

Again, my proposed Antichrist is Volodymyr Zelenskyy. He meets the qualifications so far: 1) he is Jewish. 2) he is “speaking great things” 3) they all pledge fealty to him 4) he is a warrior-rogue figure 4) He is not of the 10 final nations of the NWO making him the “little horn” of the Book of Daniel (I propose the 10 nations are the 10 nuclear weapon nations of which there are currently nine).

So, he must start rising in power and global status very soon according to my timeline. A “win” over Russia, any kind of win, a military or diplomatic win will greatly enhance his stature in the world. People laugh at him now – just like imitating David and Goliath (Satan plagiarizes the bible stories) and he is certainly the underdog.

But if he is the “real” Antichrist of Revelation, he will win and eventually in time “all will be amazed”. Revelation 12:

4 And they worshipped the dragon which gave power unto the beast: and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?

5 And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months.

What really freaks me out is Zelenskyy is so fevernly militant and speaks great “victories” as if he took lessons from “Baghdad Bob” (who remembers him? – bah probably not many of you!). But I know better and keep my eyes on his every move.

Besides, Putin is probably “in on it” as a card-carrying WEF member and his task is to wreck Russia for the sake of the Devil and the New World Order. It certainly seems like it. Everyone expected a “win” months ago and Russia seems to have lost the offensive.

We shall see.

THE COUNTS
We’ll call Minute [i] low, channeling works very well with price lows of waves one and three and two and four connecting nicely. The “last hurrah” above 4000 SPX?

The world is SO FUCKED and everyone knows it. Sorry for the language, but it seemed appropriate.

The target window for [ii], I only expect a price rise above (iv) of [i] at the least so the box sits below the 38.2% Fib which I normally don’t do for the sake of a wave two.

Yesterday’s post it was explained how Minor 1 of (3) is meant to advance prices beneath (1) and this is how we determine the projected subwave count. It looks bearish if this is correct.

Waves 3 and 5 of an impulse (1) can often be used to make a trendline to project the higher degree price of wave (3). Thought I’d show this, i’ll look brilliant if it comes to pass. You know, “a kid and a ruler” (you know the thing that makes straight lines, the engineers use the word “scale”)

NYSE was due for a bounce.

Right now, the projected rate hike definitely leans toward 3/4 point. But we may be approaching the top of a wave (1) after the hike or even before so we shall see. A market panic plunge may be what drives people back into short term bonds of which the pace of the rise in rates has been historically steep and quick.

10 year note price count not quite reaching a new low yet for wave (5)

Elliott Wave Update ~ 6 Sep 2022

We are still looking to confirm Minute [i] of Minor 1 of Intermediate wave (3) down. That is the best count for now. Trying to predict bounce waves in a wave (3) down could be a futile effort. But still, that’s why we count squiggles. This wave structures seems more fleshed out than the count from last week. If so, wave (v) of [i] should finish tomorrow.

Sentiment is strange at the moment. It sort of feels the same as just before the Russia/Ukraine war. And then when it happened on February 24th, the market plunged, closed much higher, and went on to rally in Minor wave 2 of (1). Could be a similar setup, “bad news” happens, market plunges to form Minute [i] low and then a sharp rally that retraces a decent portion of the recent pivot top, but eventually dies out because there are still plenty people who will want out of this market even at marginally higher prices from here.

If the above is the scenario, Minute wave [iii] of Minor 1 of (3) will be a more intense selling wave. A bit of a “panic” wave.

Anyways, just a thought I had. Isn’t the stock market fun?

The decline so far since (2) has been sharper than the rise to (2). Helps give credence that the count is (3) down overall. Remember, the objective of Minor 1 of (3) is to advance prices lower than (1). And since this is projected to be a very harsh bear market, prices could be significantly lower. This is the reason to look for the first subwaves [i] and [ii] of 1.

I was trusting that the internal market data of the NYSE, would prevail and it has certainly so far. After the 10-day very rare negative thrust event, the 30+ day effort to climb higher fizzled out and selling took over near the same spot and producing a 13-day negative event, which is another strong signal that helps reinforce the first negative event.

Regardless it’s a herky-jerky market. These are not small waves…

Elliott Wave Update ~ 1 Sep 2022

The primary count is that Minute [i] of Minor wave 3 of Intermediate wave (3) down has reached its price low in today’s SPX low of about 3903.

Therefore Minute {ii] up will commence and it could be yet another market-inducing vomit that squeezes higher in low volume based on market mechanics.

A solid break of wave “A” which means the rise to (2) was indeed “corrective” 3 waves overall: A, B, C.

This seems the best squiggle count for now and assumes a temporary low is in place. I ran out of chart room for wave [ii], so don’t assume wave [ii] occurs that fast in time.

The wave count on the 3 month note suggests the rise in yields will lose momentum in a first wave peak. Then a pullback which may result in the Fed reducing rates for a little bit and then acceleration to higher rates than what was experienced in the early 1980’s. The financial system survived in the time of Volker because it was not yet leveraged 100-1 like it is now.

Elliott Wave Update ~ 31 Aug 2022

Working its way lower. The DJIA has major overlap ruling out an impulse wave to the upside. Junk is leading lower. Europe is getting hammered with skyrocketing energy bills and businesses will be forced to close (but that is what the elite want).

The Demonrats are trying to instigate civil war with the MAGA Trumpsters. At some point in the distant future, the targeting of the right will become the targeting of Christians. Stay out of it all! The Antichrist will rise to power first and his demon armies will WIN is what the bible predicts. Christians LOSE and enter in great tribulation, and many will be killed. But Jesus comes back and raptures us 70 – 75 days after the Abominations of Desolations.

So, we have that going for us.

NYSE another negative breadth thrust event at the same levels that I predicted it would happen. 13 days is pretty bearish on top of a 10-day event.

Elliott Wave Update ~ 30 Aug 2022

Only God can know that the trendlines will make such perfect touch points. It’s just another example how God shows us – through the natural world – that there is a higher power.

Wilshire 5000 less than 30,000 before Feb 2023 seems reasonable based on the primary count.

Touch of the trendlines.

Yet another example.

Solid break of the up channel suggests that the recent multi-month rise was “corrective”.

But to be fair, we need an overlap of wave “A” to confirm the market is not in a 5-wave impulse to the upside.

I won’t have the data yet for the NYSE “breadth thrust” chart until Monday, yet I can project it will be sub .40 which gives us another “negative breadth thrust event” of only 13 days.

Elliott Wave Update ~ 29 Aug 2022

Everything that is done by those in global power positions is meant to achieve one thing: wreck the old system and create hell on earth for the populations of the world. But nobody wants to be “blamed” for it because after all, no one in power wants to be hanging from a lamppost or hunted by a mob of enraged citizens.

But do not get involved with that! Be a Christian, preach the gospel to others, live your life, and be right with God. That’s all he wants us to do. And be ready and sober. The Antichrist comes before Jesus, so we need to keep an eye on who that could be. My vote has been the Jew, Zelenskyy. And indeed, he is still hanging in there, slowly gaining power. Launching an offensive on Kherson today.

Like I said, who is to say that Putin isn’t “in” on it with his marching orders by Satan to wreck his country to prepare it for the New World Order? Again, he doesn’t want to be blamed though. Who is to say XI is not in on it also preparing for a surprise attack on Taiwan?

What will wreck the world the fastest at this stage? The old order will be torn down with mass warfare, famine and pestilence in order for the masses to beg the elite to solve things for them. This is how it has worked for eons. And they have a plan ready and waiting the bible prophesizes it: A one-world government power (run by the Antichrist possessed by Satan), a one world religion (of Satan), a one world currency (mark of the beast) and elimination of bible-believing followers of the Lord Jesus Christ, the only ones who have any real power or wisdom in this world.

The Central Bankers are all in on the global conspiracy to wreck the world. They really have no choice anyway because it is a Ponzi scheme of historic proportions, and the payments are coming due. Powell has no interest in rescuing the economy or the middle class or anybody except the elite. He also doesn’t want to get blamed though. But his marching orders are likely in place, and he has no choice but to fulfill them along with every other Central banker in the world: Take down the global financial system. Wreck it for good to allow another system to spring up in its place.

And it is really not hard to do. All they need to do is stop printing money. Or print too much money (which they have already done). Either way it pops. A win-win scenario and they won’t be blamed too much.

Revelation chapter 6 is likely unfolding, and we are soon to see the Second Horse of the Apocalypse: Global War. This is what makes September such an interesting month.

3 And when he had opened the second seal, I heard the second beast say, Come and see.

4 And there went out another horse that was red: and power was given to him that sat thereon to take peace from the earth, and that they should kill one another: and there was given unto him a great sword.

Listen, I’m a Christian who takes great comfort that Jesus is going to eventually come and straighten all this mess out. All the wicked reprobates will be punished, and the Lake of Fire awaits them. I highly recommend that all readers to this blog, get saved to Jesus because happy days are over. Social mood theory has been warning for some 22 years that mood is rolling over at very high-level wave degrees of which Grand Supercycle sized of over 240 years.

The social mood correction will be synergistic in the fact that we will eventually achieve alignment in negative mood at very high wave degrees in multiple fashion. The mood is stacked.

If Satan has indeed been kicked out of Heavan on 21 Oct 2021 and confirmed a covenant with the world’s elite wicked at the house of Rothschild, he no doubt ordered the takedown of the global financial system in a controlled fashion at first, but disorderly will come. The Wilshire 5000 subsequently topped the first week of November 2021. Coincidence?

We are coming up on a major predicted event to happen on or about the second week of September 2022: global war breaks out. Or something to that effect.

THE COUNTS: A bit of bearish price action late in the day. Looking for overlap of prices with the peak price of wave “A” of (2) to help confirm wave 3 down.

Elliott Wave Update ~ 25 Aug 2022

I have been wondering if I am wrong on the timing of the end of the world. If I am, I suppose that is a good thing. Probably in that case the market will eventually go on to new highs and the world will not yet go into total turmoil.

The problem is, I have yet to be proven wrong on Daniel’s 70th week. The next few weeks/months will be very telling. I am expecting major warfare to break out on or about September 8th, 2022, latest by end of the year. So, until then, we reserve judgment.

The world is so full of lies I don’t even bother much writing about them anymore. Either you see that and are saved to Jesus Christ, or you don’t. Here is a way to be saved:

https://www.youtube.com/watch?v=PffhcV-xBks

Best guess count. Otherwise, I don’t really care. The ultimate bubble is hard to pop. Someday it will.

Elliott Wave Update ~ 24 Aug 2022

We have 1 day left for the NYSE to plunge to beneath .40. I’m hoping it happens.

The primary count would look better with another plunge tomorrow to form Minute [i] of Minor 1 of (3) down.

Elliott Wave Update ~ 23 Aug 2022

Yesterday’s NYSE breadth thrust data. The market is like a yo-yo. Although I don’t have today’s data, today was not likely to push this indicator below .40. Today would be “day 8”. If breadth plunges beneath .40 line in the next 2 days, we will have had 2 very rare negative Zweig Breadth Thrust events. And yes, I know that is not really a thing, but I can make my own rules.

This is happening at the same price level as the one prior in late May/early June just as I predicted a few weeks back in this detailed post here on 28 July.

The best squiggle count has the market nearing Minute [i] perhaps. I’m still counting on a decent down day over the next 2 days to trigger another inverse Zweig event.