I’m back. Had a nice Christmas break and nothing of too much note that happened in the markets anyway. The SPX still has not topped its intraday previous high.
The S&P total index is sort of equivalent to the Wilshire 5000 which is not available anymore on Stockcharts. It has overlapping waves.
And obviously the Composite has quite a bit of work left if it is to match its all-time high. So overall the market is fractured and that probably is not a good sign.
The 30-year bond count has been very nice and an expected bounce for wave [2] is in play.
The Fed has yet to cut rates but when the 3/6 month yield will tell them when. At the moment not yet. The 3/6 month led the rates higher, it will lead rates lower if that is to happen.
We have an extreme peak RSI on the daily SPX and clearly that has probably now been “marked” as peak due to today’s sharp drop. Usually, this peak RSI occurs at a subwave “three of three” wave peak, so I have adjusted the squiggles accordingly and am giving the market the benefit of the doubt to trace out a few more squiggles and make that new all-time intraday SPX high. We were due for a sharp pullback and if it continues there is a possibility of truncation of the SPX and it has “failed” to achieve a new all-time high.
I never understood why anyone would want to invest in this market, the Ponzi has popped, the interest rates have already risen enough to wreak havoc upon the market. Whether or not the market hangs on and continues for a while or not, make no mistake, the world is waxing worse and worse, and we are closer to the end than not: The day Satan pulls the plug on the financial snare that has long been in making and peace is taken from the earth. Satan has used his evil Judaism and Freemasonry to carry out his plans for well over 250 years. It is culminating in his coming plan to bring in his kingdom on earth.
We don’t know exactly when the day the global war will kick off but the signs are growing. I have been saying the market will experience a sudden destruction upon that day occurring. Satan is trying to suck in every last entity into his evil wicked market and will pull the plug so fast (by unleashing a sudden “flood” upon the earth) that everyone will head to the exits and there will not be enough room to get out.
We have a key wave marker. The elites need to keep this house of cards propped up as long as possible to keep financially carrying out their global war preparation plans. The best bet window is approximately 15 February, 2024, peace is taken from the earth and global warfare “kicks” off. We can bet that this will be the day of the start of a global financial collapse. Remember, the Jews and their Freemason lackeys have constructed the global system just for that one day to come. And it is surely coming.
Am I off by a year or even 2? We won’t know until about 1 March 2024. if no global war by then, I’m likely off my target.
In any case we are awaiting global war to kick off for the 2nd seal. If no global war, no second seal, no return of Jesus just yet. That is the order of things the bible teaches. Yes, I desire Jesus to come back and straighten this wicked world out, but unfortunately, is bible-believing actual saved Christians will be slaughtered en masse prior to his coming is what the bible actually teaches.
Remain faithful when the great tribulation comes and not a hair on your head will be hurt and you will make it alive in the flesh to that day of his glorious coming!
Since the July 2023 highs have been taken out, I tend to think the market may hold up and peak around 15 Feb 2024 which is my projected date for the second seal of Revelation total global war. This is another 2 months. Time for the bond count to play out and the SPX count in which it certainly seems new all-time highs are coming.
At least we seem to have a decent squiggle count. There has been virtually no pullback since the spike bottom of the last few months, and it wouldn’t make sense at this point that there will be if we are to imagine a 5-wave impulse up from (4) to (5).
China has yet to play along with the recent euphoria of world markets. I suppose a surprise attack on Taiwan come February would collapse the world markets. Certainly, Chinese negative social mood is setting itself up for war.
Everywhere extremes. The July 2023 intraday high has not been taken out but the closing high matched that from early 2022. Who really cares? The whole thing is full of rottenness underneath. Itis now my conviction that when the second seal of Revelation (global war) comes – and it will come as a shock – the entire global financial system will collapse no matter where it is at.
Imagine this scenario.:
Suppose Ukraine did not actually surrender all their nuclear weapons in the 1990’s back to Russia? Do you think they would have been so stupid as not to guarantee a “Safety net”? Either keeping a few nuclear bombs in secret and/or diligently learning how to build their own? It is getting desperado time in Ukraine.
Now just imagine a nuclear bomb goes off somewhere in this world. Do you think the “authorities” would not use this pretext to lock down the entire world yet again in the name of national global security? LOL of course they would! And people will fall in line quicker than covid because nukes are real, and real dangerous.
Do you really think the children of the devil will not commit the most heinous things to achieve global power? We may be about to find out.
I still have 15 February 2024 as a possible 2nd seal of Revelation date. The day when all hell breaks loose on earth.
In the meantime, deal with this mess. No doubt they need to keep this floating for as long as possible to fund the production of war machinery until the moment is ripe to collapse the entire system. It’s coming. Until then, enjoy the Holidays and Merry Christmas!
“NEW” INDEPENDENT FUNDAMENTAL BAPTIST (NIFB) CHURCHES
If you are a Baptist (and hey, that is what all saved Christians should be) the best churches to go to are NON-Zionist that teach truth and are NOT dispensational.
I have linked to the NIFB many times you can find sermons and pastors and their churches here allthepreaching.com
One church that is not linked yet to the above is Love Assembly Baptist Church in Montgomeryville PA. For those on the east coast that are spiritually dying in a watered-down, Zionist Baptist church, I highly recommend you check it out.
Still a bit of work to do to fill out the final squiggles of a potential wave [ii] peak. And I will say this: this may be the market’s final rally and even if new all-time highs are made, that won;t change my outlook on this.
Remember, 15 February 2024 is my primary “second seal of Revelation” date. Global war. We still have some 90 days to go. It matters not what the market does, but if and when Babylon USA and another superpower goes “war hot” against each other, either Team USANATO vs Russia or China or both, the stock market will collapse. It’ll be “all of a sudden”. Of course, wars usually are also started in only 1 day.
It seems the market is taking a run at the small open chart gap at the top near Intermediate wave (2) peak. The downtrend line is a potential stopping point. If wave (2) is taken out, then arguably a 5 wave move from October 2022 low has occurred and likely the market will make a stab at a new all-time high between now and February 2024.
But first things first. Just a ridiculous massive open chart gap up today.
Best squiggle count is that we are looking for the peak of wave iii of (c) of [ii].
