The preferred wave count is Minor 2 of Intermediate (3). This would take the form of an expanded flat count. I copied an explanatory note of typical expanded flat price targets as per Elliott Wave Principle (Frost/Prechter) on the daily chart. This price target coincides nicely with a meeting of the Wilshire 5000’s 50 Daily Moving Average.
Additionally, it would likely take the form of a “backtest” of a significant channel line support as shown on the weekly.
Market internals have been strongly positive, and we have not seen any follow through bearish readings. You can see this on the 30-minute (second chart below) Wilshire 5000 NYSE internal histograms provided at the bottom of the chart.
The daily chart has a positive diverging RSI which suggests prices will go above [a] of 2. This was a similar setup with Intermediate wave (2) going above 4 of (1) peak price. Additionally, the daily has just had an MACD crossover suggesting at least a short-term change of trend, at least until the positive diverging RSI plays out fully.
From a long-term perspective, this count is very satisfying as Minor 1 is longer in length than the next higher degree Intermediate (1). Of course, if the count is correct, this indicates a tremendous bear market in both size and time is coming after this Minor wave 2 correction plays out.
Typically, Minor 2 should overlap Intermediate (1) in price. The Minor 2 target lines satisfy this.
Note that total volume is subdued and supports the notion that prices are correcting the larger down trend, and not necessarily indicative of a market “bottom”.
The preferred squiggle count of the Wilshire 5000. This count at the moment meets as many Elliott Wave rules and guidelines as possible.
Ok, now let’s look at the flipside, the most bearish count. If we keep things simple, despite the rally today on weak overall volume, the general principle of a series of “ones and twos” stacking up to the downside has not been broken just yet.
Again, I think this is a very dangerous market. The world is on the verge of expanding global war, supply lines are crippled (on purpose), more lockdowns are coming, inflation is destroying wealth, social mood continues to deteriorate, and the global NWO Satanists are openly committed to conducting warfare in various forms on their own citizens. Just look at what is happening in China for instance. Or the baby formula shortage here in the U.S.
So sometimes it is just good to keep things simple. And until the simplicity of this chart is nullified outright, you keep it front and center.
It will not surprise me at all if I wake up one of these mornings and overnight futures are at limit down.
I narrowed down the preferred wave count variations from last night to just two: the Minor 2 expanded flat variation #1 as shown below. I have no dog in this fight. The market is just going to keep frustrating the most possible people it seems
And variation #2 still holds to a more immediate bearish outlook:
The squiggle count shows both variations on one chart. The Minor 2 variation of an expanded flat would call for a rally in price at least above the pivot shown by the blue arrow.
Shanghai.
CPCE. Yesterday’s data.
One would think silver would eventually pop higher.
Another “gaffe” by President Poopypants? Not hardly. As I have been saying, Satanists are required to admit the truth at some point. These are the rules of the game. Satan requires it. All these “walkbacks” over the past few months are really just glimpses of truth.
It’s just like “predictive programming”. There is nothing “predictive” about it other than a brief admission of truth to the masses. And then when I blog about it, the Satanists will point to me as the “crazy” one. That’s how the game works. But I am grounded in bible truth. Good old Baptist bible-believing non-dispensational, truth.
The “pivot” to, and agitation of China is slowly unfolding. Remember, I am predicting expanding global war by this September. Global war instigated by the Satanists in charge the world over. To create a “Ukraine of the Pacific”. This is the attempt to assemble the New World Order to be run by the Antichrist and 3 key nations stand in the way; Russia and China being the obvious first two. The 3rd is yet to be determined although I’m hedging my bets that ultimately it will be Israel to fulfill bible prophecy.
Does this mean that Russia and China are “righteous”? Of course not, they are run by unsaved wicked men also. This makes Satan’s job easy at this stage. He has control of all the wicked leaders running the globe and he puts evil into the hearts of men to start wars and do evil. All the wicked men and women running all the worldwide institutions, at least the ones that matter. And if they are not outright Satanists, they are merely “useful idiot” reprobates that reject Jesus Christ nonetheless and are being used by Satan for his end times goals.
And what is Satan’s end time goal? Well, the bible tells usplainly: A one world government to control all. A one-world religion that demands worship of the Dragon and the Beast (Satan and the Antichrist) and to weed out the “righteous”, those saved to Jesus Christ. This is achieved by implementation of a one-world currency we all have heard of: the mark of the beast. This will ensure the Devil takes the maximum number of souls to Hell with him as possible. Because even Satan knows Jesus wins in the end.
To sum up Satan’s goal is this: to eternally damn to Hell the most souls as possible at the end of the world as we know it. And the bible tells us he will achieve a lot of success in doing this.
Satan wins temporarily, the bible foretells this. There WILL be a New World Order. There WILL be an Abominations of Desolations. There WILL be a world-wide persecution of Christians unlike the world has ever seen after the mark of the beast is implemented. The Antichrist DOES overcome the Christians and rules for 42 months in power on this earth over the unsaved.
The good news is that Christians DO get physically saved (First Resurrection/Rapture event on the Day of the Lord) about 70 – 75 days after the Antichrist begins his worldwide pogrom of persecuting the truly saved bible-believing Christians. However, some of us will be Martyr’d for the cause of Christ. No worries, you’ll receive a BETTER resurrection when the day comes.
How to escape this fate of eternal damnation? Watch this short video and you can be saved in 15 minutes or less and get a permanent ticket to heaven. It only requires believing and accept and trust in Jesus alone as your savior. But first you need to HEAR the gospel to be saved. Yes, you can be saved by watching a video online as long as you hear, believe, trust, pray, and ask Jesus to save you.
This one is 12 minutes. Of course, speak a prayer of salvation at the end of the video. Call on the name of the Lord!
Today’s price action was about what I expected. A fulfillment of a Minuette pink wave (ii) expanded flat.
However, there exists 3 variations of overall preferred counts at the moment, 2 are bullish, the last is very bearish. We have reached a key spot in the overall wave structure that will help us determine the overall count going forward based on what the market does over the next few days/week.
VARIATION #1
This seems the most likely scenario as of this writing. This is a “medium” price and time rally that completes a Minor wave 2 expanded flat.
VARIATION #2
This is just a bigger retrace in both price and time. A bigger version of variation #1 above.
VARIATION #3
This is the count that maintains that we are in a series of “ones” and “twos” down and that the market is on the verge of plunging much, much lower – in true panic – in what is known as the “third of a third” wave. But as you can see, this bearish price action needs to occur almost immediately for this count.
Each smaller degree wave “two” rally ideally is smaller in size, price and time as compared the previous next higher degree wave two. In other words, Intermediate (red) wave (2) is the biggest corrective. Minor (blue) 2 is the next biggest. Minute (green) [ii] is smaller than Minor 2, and Minuette (pink) (ii) is even smaller still. The perfect bearish setup.
Additionally, the “purpose” of each wave degree “one” is to advance prices lower than the previous higher degree wave one. So Minor 1 is lower in price than (1). Minute [i] is lower in price than 1. Minuette (i) is lower still. Again, a most ideal bearish wave structure “setup”.
Therefore, as you can see by all the criteria above, the “ideal” wave structure is “in place” for the perfect bearish setup next phase: an outright panic plunge in the market. The “third of a third” wave DOWN.
This is what makes it a very valid count and a dangerous one for bulls. Everyone is expecting lower prices, yet everyone is expecting a rip-your-face rally. So, the market will do whatever is the most painful to the most people. We’ll find out what that is.
This is truly the spot where Lucy has the football “teed” up and Charlie Brown is ready to kick it. Sometimes overnight futures will determine the situation one way or another. And so, we will see.
Other charts and potential counts:
Some of our other charts seem to support the idea of a continued rally. If the market is to rally furiously, this is a simple way of looking at it. Another “backtest” of a broken Fib fan line.
If we get a final violent rally, this would be the place where it occurs. We have reached a spot in the count that presents divergent options.
So, we’ll break down the 3 likely scenarios:
First option: Presenting the most bearish count. It is just a straight-up Intermediate (1)-(2), Minor 1-2, Minute [i]-[ii], Minuette (i)-(ii), Subminuette i-ii count. Therefore, we are literally approaching the point in the market where it rips apart in a fantastic selling cascade of several thousand DOW points, etc.
So, this is where Lucy is holding the football…..
Second option: Here is the count if a violent, upward, multi-day rally occurs it would probably be labeled Minor 2 as I suggested a few days back except in the form of an expanded flat. It is shown as the “alt” count below. Prices would likely overlap slightly with Intermediate red (1).
Third Option: The third option is just a slight variation on the most bearish first option. Slight pop forming a wave (ii) peak and then it falls apart and selling intensifies.
I actually like this option best. It seems every pop is being heavily sold into.
Well, after one day of contemplating a downward market pause of more than a few days, today’s price action and wave structures quickly jumped me back on the exact squiggle count that I have been going with for the last few months. As I said before, trying to guess the biggest bounces in an Intermediate wave (3) down is a fool’s game.
Regardless, it doesn’t matter. This blog is not a “day trader” blog, this blog is nowall about the end of the world as we know it and teaching and preaching about it according to the bible, The King James bible only. And a 200-point SPX bounce would never change that underlying belief. Neither would a 500-point bounce for that matter!
Yet I do believe the collapsing social mood as reflected in stock market price levels are a clue to us. As is the deadly “vaccine” campaign and the Ukraine/Russia war and the possible rise of the REAL Antichrist – Zelenskyy.
So, we will keep going with what makes the most sense: That the market is impulsing down in 5 waves in both large structures and small and thus let’s just keep counting it for what it is showing.
Today we confirmed that yesterday’s high was a 3 wave move making it corrective to the downward impulsive trend.
Again, the long-term view is that the market will collapse to (3).
The truly amazing thing is that real economic hardship is upon us already yet look at the market on the monthly. Have we really collapsed to anything of ruin just yet? My take is that we will collapse all the way beneath wave IV – a cycle-sized wave – and then we can talk. We are just getting started folks.
CPCE perfectly positioned. Not yet even a sniff of true panic and collapse just yet.
This is the main chart that caught my eye today/ Transports finally collapsed beneath long term support and confirming in full “DOW THEORY” in that it is following the Industrial average into a bear market, which by just breaking under today, is by definition just getting started.
I don’t have a count for Junk. The trend is what is important. New lows today is what matters particularly since it has been a leading market indicator,
UPDATE: There appears to be a nice 5 wave impulse structure down. These moves are big it’s like “50,60 handles here, 90 – 100 handles there…”. Maybe we get a small bounce.
Increasing internals have surpassed yesterday at least on the NYSE. The move up to yesterday’s peak is now clearly a 3 wave move which confirms it as corrective. The DOW transports have broken through long term support to confirm with the Industrials a bear market DOW theory.
Well, today was a resounding internal market follow-through of two trading days prior. Therefore, I am adjusting the count. Instead of the recent low of Minute [i], I am changing it to Minor 1 low. Therefore, the expected “bounce” of a Minor wave 2 of (3) will carry higher and last longer than that of a Minute wave [ii] of 3 of (3), one wave degree lower.
I actually hope I am proven wrong and the market collapses, but I suspect it will not just yet.
This would be the “squiggle count’ of Minor 1. Minor 2 should at the very least overlap in prices with the previous Intrmediate (1).
From an SPX view, here is a possible wave action scenario. In simpler terms one could just say ” The SPX will rally to at least meet its 50 Daily Moving Average”. (The blue line on the chart). I suspect that will be the case.
If you watched that 5-hour movie I linked to in yesterday’s post about Freemasonry, one of the main themes is that Satanists use symbolism extensively. The bible uses symbolism extensively and Satan imitates everything in the bible, everything of God. Satan imitates God because he wants to be worshipped as God.
The “anti” in the lower-case “antichrist” or plural “antichrists” has two basic meanings, it can mean “against” as one might surmise or “in place of”. There are many antichrists in this world and always have been. However, the real final Antichrist of Revelation, the man sent to fool the world and cause all unsaved to worship Satan, has really only one meaning; “in place of” Christ. In place of Jesus. A fake Jesus.
The real Antichrist, the man who wishes to imitate Jesus and fool the world will be in place of Jesus. An imposter. And he will imitate many things that Jesus did that are recorded in the bible. This includes the actual death (the ANtichrist will be mortally wounded in the head) and burial of 3 days and 3 nights of Jesus and bodily resurrection thereafter. This will happen to the Antichrist, except the resurrected body will likely be possessed by Satan himself.
It is after this unholy resurrection is when the Antichrist will go into the Temple in Jerusalem (which I believe will be the Dome of the Rock) and sets up an image of himself and demands that all worship it. Just like Antiochus Epiphanies (prophesied by Daniel in the Book of Daniel) did more than a century before Jesus Christ. Another famous example of a graven image setup and demanded to be worshipped was by King Nebuchadnezzar of Babylon also detailed in the Book of Daniel.
This “setting up” of a graven image is known as the “Abominations of Desolations” and is the point where the Antichrist (now possessed by Satan) declares himself God and demands the graven image be worshipped and implements the “mark of the beast”. Those who refuse to worship (Christians saved to Jesus) the image and the beast will be “screened” out and be killed.
With that brief background in mind, let’s take a look at the meaning of the Fish symbol and “14” that the Satanists display.
THE FISH SYMBOL AND THE MEANING OF 14.
I ran across an interesting take on the recent Buffalo shooter. Buffalo Shooting – These Flags Won’t False Themselves! (substack.com). I recommend you read the entire article; he gets to the 14/fish symbolism down further in the article. The Satanists are not even trying to hide it any longer. In fact, it is a requirement (Satan’s rules) that they flash their true intentions to the world. So that Satan can claim to God they didn’t lie. This is why Satanists openly flash or speak their intentions. One example would be when Bill Gates in his famous “Ted Talk” said that we could reduce population through the use of vaccines. He wasn’t lying at that brief moment, he was required – again Satan’s rules – to show his intention to the world. Symbolism and rituals are foundational to Satanists.
Scroll down and notice the Fish symbol and 14 on the hands of John Podesta. Is it real? I don’t know but it wouldn’t surprise me, he is one of the evil reprobates and likely possessed by devils. The symbols are also on both weapons of the Christchurch, NZ shooting and Buffalo. Is it any wonder the Christchurch shooting in New Zealand occurred in the town of that particular name, “Christchurch”? No, it is not, it is symbolic and purposeful.
Any person that calls themselves a “Christian” should not put the stupid “Jesus fish” symbols on their car as a symbol of Jesus or on a necklace. It is just another trick of Satan. The fish is actually the ancient Fish God Dagon of the bible.If something is not biblical, you probably shouldn’t be doing it. I don’t go around wearing a cross symbol for the same reason. It is not biblical, not required, and holds no meaning to God. For instance if you are in distress and clutch your cross symbol, it begins to trust on things in this world, and not God himself. That’s my take on it. Also I don’t need to announce I am Christian by symbols, that should come across by the good works that I do and how I treat people.
I am not saying its “evil” to wear a cross symbol around your neck. I’m sure God is not mad about it as long as your heart is true and in the right place. But I think it profits nothing to be honest. Wearing an obvious cross can give the unrighteous reasons to hate you for no other reason than wearing a symbol of Jesus. The unrighteous wear their own symbols (such as tattoos which we also need to avoid) so a cross puts you automatically at enmity with someone who is either a reprobate or someone who can still be saved and is just temporarily down an evil path. Again, my point is that wearing a cross profits nothing.
But back to the fish god Dagon and its biblical significance.
Dagon The Fish God
In the Book of 1 Samuel Chapter 5, is the story where the Philistines, after winning a military victory over the Israelites, had taken the Holy Ark of the Covenant back to their lands and placed it in their Dagon fish temple next to a graven statute image of Dagon. It did not go well, here is the story:
1 And the Philistines took the ark of God, and brought it from Ebenezer unto Ashdod.
2 When the Philistines took the ark of God, they brought it into the house of Dagon, and set it by Dagon.
3 And when they of Ashdod arose early on the morrow, behold, Dagon was fallen upon his face to the earth before the ark of the LORD. And they took Dagon, and set him in his place again.
4 And when they arose early on the morrow morning, behold, Dagon was fallen upon his face to the ground before the ark of the LORD; and the head of Dagon and both the palms of his hands were cut off upon the threshold; only the stump of Dagon was left to him.
5 Therefore neither the priests of Dagon, nor any that come into Dagon’s house, tread on the threshold of Dagon in Ashdod unto this day.
6 But the hand of the LORD was heavy upon them of Ashdod, and he destroyed them, and smote them with emerods, even Ashdod and the coasts thereof.
7 And when the men of Ashdod saw that it was so, they said, The ark of the God of Israel shall not abide with us: for his hand is sore upon us, and upon Dagon our god.
God not only destroyed their stupid Dagon fish statue graven image, but he also gave the Philistines basically “herpes” (emerods). So, notice what is going on in this story, the graven image was destroyed by God. Do you think Satan maybe wants to use this ancient event to get his revenge?
According to my timeline sheet that I posted again in yesterday’s post; the Antichrist comes to power very near the Passover time in April 2025, within a few days (this is why my timeline has a + or – 10 days). Again, it is my belief that this is when the Antichrist will die of his deadly wound. Most likely assassinated. Perhaps by a (fake) Christian (aka false flag event) and after he is resurrected, “all the world will wonder” and this is when he enters the Dome of the Rock (?) and sets up the graven image – perhaps a giant Dagon Fish god in remembrance of the story in 1 Samuel – and declares himself to be worshipped and implements the mark of the beast.
The bible tells us that Jesus was the “Passover lamb” slain on the 14th day of the month. The Passover lamb is always slain on the 14th day. Thus, the Satanic hijacking of God’s number of “14”.
The obvious conclusion is that the Passover occurs on the 14th day of the Jewish Calendar and that the fish symbol is of Dagon, the ancient Satan graven image used by the Philistines, the Israelites long-time early foe. The Antichrist will be assassinated and be Satan’s “Passover” lamb, (this is what 14 represents), and when he is resurrected as Satan possesses him, the graven image – probably some form of Dagon the fish god – will be setup and demanded to be worshipped. This is Satan’s revenge. And this time nothing will destroy the image (for now) as in the story of Samuel. Satan will have his revenge and be worshipped the world over for a period of 42 months and make warfare on all of Christianity and implement the mark of the beast.
Thank God Jesus rescues us after about 70 – 75 days after this event known as the “Abominations of Desolations” in the First resurrection/Rapture event or “no flesh be saved”. If Jesus hadn’t come back in all Power and Glory, all Christians would have been wiped out within a year or so.
The year 2025 Jewish calendar below:
But Dan, this is all just a hooey balooey story. Well, let me say this: The world leaders are certainly not Christians, and they certainly are not atheists. In fact, Satanists regard atheists as the lowest form of scum, because in their eyes they are denying the existence of their god Satan and consider that blasphemy. Satanists will actually respect Christians (in a way) more than an atheist. This is why Freemasonry’s most basic requirement is that you MUST worship some form of “Creator”.
THE COMING MIRACLES OF THE ANTICHRIST AND FALSE PROPHET
I was going to post extensively on this aspect of biblical prophecies, but I must do something for now. I will update this post later today down here in this area. The main point is that The False Prophet is coming, and he will have the power to do so-called “miracles”. Just like the Pharoah’s false prophets were able to produce “miracles” of turning a staff into a snake, the False Prophet will be able to do such things as well.
The Jews are looking for Elijah the Prophet to come before their version of the Messiah (who will be the Antichrist). The real Elijah does come just days prior to Satan declaring himself God. Both Elijah and Moses are sent by God as the “2 witnesses” in Revelation. You see how Satan will use this as a way to get Jews (and everyone else not saved to Jesus) fooled into thinking the Antichrist is the coming Messiah?
I’ll also post more details about that aspect too.
Today ended the same as Friday with a pink Minuette wave (b) with a ? mark. We’ll give the market the benefit of the doubt and assume a small pop to (c) will come tomorrow. But as EWI said in their update today is if this is all the market can muster, watch out below. A lot of non-confirmations today between indexes between Friday’s high and today’s high. The Wilshire failed by a few points to make a higher high than Friday.
