Daneric's Elliott Waves

A solid channel line hit and bounce. Obviously if the count is correct, this channel will break down. What we really need is wave overlap of “A” to confirm the bear is back in control although and that would happen simultaneously with a channel breakdown.

Things are moving in the right direction for the overall primary count.

More price movement to the negative. It takes negative price moves to form a bear market. Lower low.

There is no panic at all in the market.

Sooner or later if (2) has indeed peaked, we will get a nasty downside surprise to further the development of an impulse wave down. So far not yet.

Again, I apologize for not posting much. I have been spending a lot of time on profitable things of eternal value and I wish to share a glimpse of what I have been working on; the true biblical understanding of Soul/body/spirit.

I wish to share a simple “model” of what I have learned. I have written a 28-page essay and am posting it and if anyone has questions, please email me. It was my “first draft” and could be much more “concise” and to the point. I wish to re-write it from a much tighter focused grip on what I feel that the Spirit has taught me. But only because I wish to dial it in and make it a better document and easier to follow.

Unsaved people cannot understand. So please get saved first by hearing the Word of God. We are saved by grace through faith! And faith cometh by hearing, and hearing by the word of God!

https://www.youtube.com/watch?v=jDkHWgPDRRE

And the following link is my essay which, God willing, I will clean up and both include way more bible verses proving what I am saying is true and making this a more concise document.

The following picture “model” is a summation of what is contained in the essay.

THE COUNT:

Looking forward to confirming that “perhaps” the count is slowly stair-stepping down. I will remind, I “predicted” a July 20th top for many months, and the “top” (I say that with scare quotes LOL) so far has been July 27th. Not bad really if we were to look back and find it was true.

But I thought that “top’ would accompany a “bad event” and that would cause the top to collapse. Yet that is not what Elliott wave teaches and I went against the theory itself. What EW theory teaches is that social mood moves first and then “events” happen.

we clearly have 3 waves up to pink (ii) and what better counts as a small impulse from that recent (ii) down to red [1]. So, what can I say?

The one really interesting chart is China. I strongly speculated last year they would go to war in Taiwan in or around November because weather-wise that would be the best time to surprise attack across the treacherous Taiwan strait. Yet the charts which reflect China social mood – which is somewhat disconnected a bit from Western world social mood – hadn’t yet confirmed, wave-wise or trendline-wise, that it was collapsing.

But now it gives us a hint that the long-term trendline since 2009 may be in danger. And that would be a strong indicator that social mood has taken a turn for the worse.

War follows a downturn in social mood because mood moves first and then “events” (like war) happen as a result. We’ll keep an eye on this and November is only 2 months away.

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.