Daneric's Elliott Waves

Last Friday triggered a Zweig Breadth Thrust event of only 6 days on the NYSE. Make of it what you will.

Expected bounce seems to be following through.

A back test of the underside of the broken channel line may be in store. That implies black ii is located much higher to the underside of the lower black channel line.

Primary count has this as another wave “two” bounce prior to the panic wave down “third of a third.”

The top alternate count is that a leading diagonal falling wedge count has formed a Minute [i] low and a larger and longer bounce will occur.

Zelenskky Antichrist news update: He certainly behaves like one:

Zelensky Exposed: Former Advisor Reveals How Ukrainian President Thinks He’s Omnipotent | ZeroHedge

I will say, that if Satan has indeed “anointed” Z-man as Satan’s “chosen one”, and promised he would rule the world, then it all makes sense. And is why he demands fealty from all world leaders.

As far as the stock market, we have a 5 wave move lower which is better (more bearish) than a 3 wave move. But will keep the count of a series of “ones and twos”. This implies that a surprise downside “third of a third” wave move is coming. Seems about right.

China charts starting to break. Social mood breaking lower…could lead to war with Taiwan.

CPCE indicating plenty of room for panic to occur.

One can sense that the mood has shifted solidly to the negative. Does this mean we should be contrarians and go against the grain? As they say, it takes bulls to make a bull market and if that is true, then on the flipside, it takes bears to make a bear market.

The market is actually a Ponzi scheme, and all our monies are based on nothing. If enough people come to this realization, then all true Ponzi’s collapse and quite instantly. We are not there yet at this point of realization. But someday I predict we will be.

I think, in all fairness, everyone agrees the current system is unsustainable. Therefore, the end logic is that it will manifest itself as such in a moment in time resulting in complete systemic failure and collapse. Everyone thinks they will be able to sense this coming moment and exit when they sense it. But the error is that if a mass realization of a failed system occurs all at once, as people typically do, the exits will be jammed. You will not be able to connect to your broker because the line will be busy. Or cut off completely. In the end game, the great panic will result in people being shutout. Everyone knows this to be true that has any sense of the market. Covid 2020 showed us what is in store.

The wave count is nicely bearish pointing to a swift decline. Am I wrong on the short-term squiggles? Or is it a Charlie Brown/Lucy with the football moment? All I know is that Jesus is coming back probably soon, and he hates the stock market. And it will be destroyed as it exists.

Therefore, I have God on my side in the end.

Junk debt is a good indicator of the overall state of risk appetite. And it seems to be impulsing back downward in solid fashion a long way from its frothy late 2021 peak.

Keeping an eye on China. The waves support a sharp negative mood movement. If it happens it actually means the mood has already shifted significantly negative. War can come as a result.

The daily shows the overall wave count. We have had 3 waves up from October 2022 wave (1) low to the July 2023 wave (2) peak. We have had 3 clear waves down since that July peak and 3 waves is “corrective” unless it unfolds into a larger structure and the 3 waves are just a series of “ones” and “twos”. That is the primary count is that this is a series of “ones” and “twos”. We are clearly reaching an inflection point not only short term, but intermediate term.

Proposed black wave “ii” up since the “i” low should not go above pink wave (ii) nor even come close to be honest. The wave count must “look” correct. The open gap down has now been filled and sometimes that is all the market wants to achieve. No nasty open gaps has been the rule of thumb. (Someday that will change).

No panic yet. The market will panic when it panics and not a moment too soon nor too late. We are trying to predict that but alas, the market frustrates the maximum amount of people always at any one given time. And though there is “reason” for the market to be bearish and crash, (wars, rumors of wars and outright popping of the Ponzi scheme) it will still occur on its own time schedule.

All I know is that Jesus IS coming back at some point in human history. Rather sooner than later. It’s coming up on 2000 years since his crucifixion and we don’t know that exact date (although I propose it was 28 April 28 AD), one has to ponder those 2000 years is a nice round number.

I present “predictive programming” from an article from “The Hill” from 06/06/21 written by a “think tank” “Jew” professors, Leonard and Michael Hochberg:

Could the US fight a four-front war? Not today | The Hill

The key paragraph comes at the end:

In assessing the danger that the U.S. faces, national security experts must consider the likelihood of coordinated action by our adversaries. What if the U.S. and its allies were confronted with a simultaneous four-front war waged against Ukraine, Taiwan and Israel with, for good measure, the North Koreans attacking South Korea and leveraging their nuclear deterrent while Iranians closed the Strait of Hormuz? Such attacks likely would be combined with cyber attacks on financial and physical infrastructure in the U.S.

The above was written in June 2021. He writes about Hamas in the article declaring war on Israel already at that time. The wars against Russian via Ukraine and now Israel via Hamas has come. We are only left with China versus Taiwan which is surely to come.

Get caught up in the truth with Pastor Anderson’s 22-part Revelation series here:

Pastor Steven Anderson ‘The Book Of Revelation’ Verse-By-Verse Bible Study : Pastor Steven L. Anderson : Free Download, Borrow, and Streaming : Internet Archive

The chart below however is my chart that maps out the final 7 years. I’m still sticking to my overall timeline for the end times which means by 15 February 2024, the world will be at total war.

Are bonds due for a huge bounce in price? Perhaps a correlation with a “panic” of stocks. I’m speculating, but the overall bond wave count is somewhere nearing a primary wave [1] down. It fits both the bond and SPX overall counts. This implies a worldwide panic and being that the wave count of the SPX is wave (3) or [3] down (depending on what wave degree you subscribe to) the price action should be more dangerous than what has occurred since the January 2022 peak in the SPX.

With Friday’s planned worldwide call for a Muslim “day of Rage”, Monday morning could be a bloodbath. Social mood wave count is aligned with this possibility.

The next worldwide major event on the march to total global war which I have been predicting is possible war with China/Taiwan. The wave count indicates that the long-term trendlines may not hold in China. if we get a significant price move downward that breaks the trendlines, an expression of said negative mood could trigger the decision to go ahead and do it. With the United States busy with Ukraine and now Israel support, what better time than to take the plunge?

Do you realize they have been practicing the invasion now for many years yes? That all those 1000’s of flights are not just a show of force but active training runs. You don’t do that unless you plan to execute it at some point. Satan will put it into the hearts of the bloody communists to attack just like he did the bloody Hamas members who ruthlessly slaughtered indiscriminately. And it is the same Satanic spirit putting it in the heart of Israelis to retaliate and slaughter innocent Palestinians. War is indeed hell, and just like most if not all combatants in Russia/Ukraine/Palestine and Israel, those who die go straight to hell because none of them trust on Jesus alone for salvation.

Eastern Orthodox? It is a death cult worse than Roman Catholicism that teaches a hardcore works-based salvation. And Judaism is an Antichrist religion as is Islam.

There is nothing new under the sun.

The love in the world is indeed waxing cold as Jesus foretold. We have had 2 major wars occurring and everything happens in “threes”. China/Taiwan would fulfill the 3rd and would result in directly involving all the world powers.

Prices still haven’t closed that massive gap down. Perhaps a bit of sideways consolidation forming wave [B] of ii is in order.