(My analysis of the stock market took almost all of the recent weekend, throwing off my schedule completely. It’s an immensely difficult market, particularly during summer doldrums, when volume is so low.
It’s impossible for me to concentrate on writing for any meaningful period during weekdays. Hence, the delay this week. I’ve updated the analysis slightly so it’s at today’s date, Wednesday, Aug. 24.
I’ll have a scaled down blog next weekend, due to the fact that I’m exhausted and need a break. All “truthers” at this point are tired; this is exhausting work that we continually get attacked for doing.)
Complacency is one of the major traits of 1000 year cycle tops. It’s part of the reason we have so many still fast asleep. I still regularly get emails of relative nonsense as as attempt to derail me, but after the first one, any subsequent ones find a warm home in my junk and I’m saved the ordeal of otherwise ignoring them.
Like sheep to the slaughter, all these folks are completely unaware (which explains the atrocities that always appear at hot-dry cycle tops like the present one, throughout history) of the genocide that’s been taking place across the globe ever since 2019. It’s been in plain site for the past year, but there are still so many that are blissfully riding through it, and we have stories of many who beyond their capacity to count how many booster shots they’ve had.
- The Purpose of Elites in the New World Order was to de-populate and control Humanity. You could read this on the Rockefeller Foundation site, listen to it out of the mouth of Klaus “anal” Scwabb, or wade through the “Secret Covenant of the Illuminati,” if you so chose to do any research. Or, you could simply read history.
- Proponents of the New World Order worshipped Satan and used rape, torture and human sacrifice of children to blackmail politicians and other World Elites to do their bidding. We lose 8 million children a year to child trafficking, many as fuel for the production of adrenochrome, the elites’ drug of choice.
- A Satanic Council headed the New World Order Agenda. That Council once had Soros in charge, but it was more recently Barak Obama who ruled.
Then, there are the horrors perpetrated by Gates and Fauci: Fauci has been behind every Pandemic since 1984. Every Pandemic has had lab origins since 1984. Gates, who is not a doctor or any sort, of course, has been infecting humans with vaccines for decades, most notably kids in Africa (most of whom died a horrible death).
Those who are still asleep are actually hurting the ability of the rest of us to rise up and quash these horrific activities, supported by the Zionist-owned main stream media. However, thanks to the US Military and Allied Forces, along with the Galactic Federation, the Earth is being rid of the people behind these atrocities. The upper levels (you’ll find a list below) have already been removed. 209 countries are behind this effort.
The work I do in natural cycles of history predicted the revolution we’re currently undergoing, along with the atrocities that would naturally be exposed during this period. It happens over and over in history like clockwork.
Throughout history, atrocities against humanity have happened at every hot-dry cycle top — French Revolution, English Civil Wars in the 1600s, Bloody Mary and her burning of heretics at the stake, the top of the Roman Republic, the fall of the Roman Empire, Tamerlane, Hitler (and Mengele), and on and on.
The only thing I did not know this time around is how this movement began (John F. Kennedy) and the enormity of it all. It’s the largest covert military operation in the history or mankind. It will change the Earth forever, and society along with it. It’s simply enormous and will be written about for centuries to come, most likely forever.
This begs the question, “How is it possible that the bulk of society can remain oblivious to the enormity of this culling operation, continuing to be led like proverbial “sheep to the slaughter?” Well, the entities behind this are exceptionally intelligent. Humans, at the present time, are not.
I’ve wrote about this problem quite some time ago. The answer is that the bulk of the population is relatively stupid; they’ve been dumbed down, partly because of a natural cycle at play, and partly by design.
You’ll find the natural reason here. We are in a long cycle of low testosterone, which is predictable (it’s a cycle), and always appears at hot-dry climate tops. It’s been in force since the early 1800s and will last several more decades. This affects our ability to think critically.
The second reason is that they’ve injected so much poison into our bodies, that our cognitive abilities have taken a big “hit.” They’ve poisoned our food (stay away from processed foods and fast foods). They’ve poisoned our air (through chem-trails — barium and aluminum) and our water (fluoride). Even our deodorants are filled with aluminum, which gets absorbed into our bodies through our pores. All of this crap concentrates in our brains, proliferating all sorts of old-age diseases that did not exist in the 1800s.
They’ve made us so stupid that many of us will gladly take multiple experimental vaccines and boosters for a disease that does not exist. There has never been an isolation of a COVID 19 virus in any lab, anywhere on Earth.
Lastly, people herd. So, there’s a tendency for stupidity to be accepted and reinforced throughout society. This cycle must be broken, but it will take time.
Here’s a video that exposes the effects of fluoride on the brain. If you’re still brushing your teeth with fluoride toothpaste, I suggest you stop now. If your local water system injects fluoride, then immediately switch to large jugs of fresh spring water. There are inexpensive sources, usually not too far away in your local area. This is very important to your long-term health!
Smarten Up — Get Off the Fluoride!
There are so many things you can do to improve your health while we wait for Med Beds to come out into the open. Eat well, stay away from too much meat, exercise regularly, stay away from negative people, listen to online frequencies that are available for just about any health affliction, including cancer, source out natural personal products, stay far away from masks of any type, stay clear of hospitals (if possible), work on de-crystallizing your pineal gland, etc.
A Shot in the Dark (2020)
And then there are vaccines ….
They’re predicting that up to 1.2 billion people could die from this plandemic. I’m hopeful that number is far too high.
Timing and More (from the SpecialQForces channel in Telegram)
I’ve mentioned in several posts that there have been delays. The Deep State is deeply embedded within governments. Here’s just one example that caused a recent, large delay.
Surrounded by traitors.
When you realize that your govt. has been destroying your country from the inside.
Everyone has a price, just like these evil scum bags.
The guy below John McCain was seen and participating in the jan 6 coup attempt.
Everything is connected — the spider’s web is big and spans worldwide.
World leaders are connected, right down to local govt, in every country.
Ukraine, Iran, Syria, and North Korea had one thing in common — all are “black sites” run by the CIA and Mossad. These traitors’ best interests were to protect Ukraine, not the U.S., or other countries.
They had major investments in biolabs.
They had a shadow president — Obama.
Obama was arrested and sent to GITMO, however his minions had planted miniature nukes world wide and threatened to blow them up.The white hats had no choice but to release him.
Since then, the white hats have found all the nukes and disabled them.
This is why the Q plan is taking longer than expected.
Appreciate and give thanks to God, that he intervened through the white hats.
Just in ….
We seem now to be targeting September 11 as a very important date, very possibly the start of the Emergency Broadcast System. The graphic on the left came from Kim Tesla’s site. Note that President Trump has a rally scheduled for Saturday, September 3, and it’s being suggested in intel that this will be a very important one.
There were a lot of “booms” over the past week and a half, or so. Perhaps the most important was the FBI raid of President Trump’s home in Mar-a-Lago.
- FBI raids President Trump’s home allegedly to confiscate evidence that he had of US presidents and other political elites involved in an international child trafficking, organ and adrenochrome harvesting, and child sacrifice to the satanic ring run by the Vatican. How do you get this information into the public legal record? You “give it” to the FBI.
- Former US Presidents Tortured and Ate Children: New Dark Outpost Seized Documents Contain Evidence Former Presidents Tortured and Ate Children! | Prophecy | Before It’s News (beforeitsnews.com) Witness Testimony Against Hillary Clinton, Bill Clinton, John Brennan, Dick Cheney, George Bush Sr., George Bush Jr., Jeb Bush, Ronald Reagan (was aware children were being raped, tortured and murdered under Military Mind Control Techniques), Barak Obama (took over Soros’ position as head of the Satanic Council), Elon Musk, Trudeau, Sasha Stone, Vanderbilt, Joe Biden, Lady Gaga and other Elites.
- Chris Wray is apparently a good guy. His job is to expose the FBI. The FBI is in the process of being dismantled.
- Brian Stelter of CNN has been fired, with more to come. One of TRUMPS best friends, John Malone, is chairman of Liberty Media, Discovery’s largest shareholder, and has acquired CNN and HBO. Expect the WASHINGTON POST< to come under FULL White HATS control soon, also.
- The ELON MUSK SAGA is only beginning. Twitter is the main target at the moment, and exposure of the real number of subscribers will very likely be the beginning of the end. Twitter will be taken down through legal exposure. Everything must be done publicly and within the law. Musk is not the original and hasn’t been for a long time.
- NASA is being exposed for the sham is has always been.
- There is a military coup coming in Pakistan any day now.
- Governor Abbott declared a state of emergency in Texas due to all the flooding. The flooding is a result of destroying DUMBs (Deep Underground Military Bases).
- 10,000 British Airways flights cancelling. Think new supersonic jets.
- FISA is the end game. When you see a picture of Obama with an AK-47, that will be the sign that main stream media is about to be taken down. These two events are important and close at hand.
- Congress in the US is in the process of being gutted. Liz Cheney is long gone. It’s not her in interviews. Almost nobody is real anymore on news television.
- US companies are laying off workers in large numbers.
Slowly but surely, the crimes of the Deep State are being exposed. Lots going on.
Dr. Kimberley Tesla
Nicola Tesla was Kim’s uncle. She runs a site on Telegram. She is also Trump’s press secretary and was born with 5D capabilities (can view other timelines, telepathic, etc.)
I documented with #DJT the good, bad and even ugly last #21months #FREEDOM
#DJT became my dad to get through this. I treated our relationship no different then my own dad. At times I even lashed out because of what we are going through. I can only pray 🙏 each of you will relate in your own stories.
We are living into a future you can not see yet.”
She is the brains behind the change-over the free electricity.
The Global Alliance or White Hats and Q Team:
Here is a list of the major team members that make up the White Hats and Q Team, the people that are saving humanity from the prison we’ve been in for centuries.
- The Global Alliance originally included the 17 countries of Australia, France, Hungary, Germany, Poland, Romania, Spain, Netherlands, Norway, Russia, Finland, Sweden, Denmark, Croatia, Canada, North Korea and the USA. Now it is believed composed of leaders of all 209 nations participating in the Global Currency Reset.
- Their Military included Stellar and QFS, Space Force, plus military intelligence in Arizona.
- The Supreme Commander of the Alliance was President Donald Trump who worked with Russian President Vladimir Putin, Chinese President Xi Jinping, Iraqi Prime Minister Mustafa Al-Kadhimi, India Prime Minister Narendra Modi, White Hats in the Department of Defence, headed by Secretary of Defence Chris Miller, Undersecretary of Defence Intel Ezra Cohen Watnick and General Michael T Flynn.
- The Q force was composed of around 800 special ops who advise President Trump, including Pentagon Generals Vice Chief John Hyten, US Marine Gen. David Berger, Chief of the Army Gen. James C. McConville, Chief of the Air Force Gen. Charles Q. Brown, Chief of Naval Operations Gen. Michael M. Gilday, Gen. James McConville, Gen. Paul Nakasone and Gen. Jay Raymond), QAnons (volunteer Patriots headed by Ezra Cohen-Watnick, General Flynn, and John Fitgerald Kennedy Jr, who is Q. JFK Sr. was believed to be Q+, although some say Q+ is Donald Trump), the National Security Agency, headed by our present Acting US President Richard Grenell, who, with the US under Martial Law, was running military operations in Washington DC and various militaries across the globe, including the international force authorized to make arrests in any country, Interpol.
Now, here’s the enemy (the elites have all been eliminated).
The Black Nobility Papal Bloodlines — The True Rulers of Us All
Many think that the Rothschilds are the richest family. This is incorrect. The Rothschilds are the shield and they do exactly what they are paid to do, but they’re certainly not the richest of the evil families controlling us.
The word Rothschild means Red SHIELD 🛡️, which means they are in the front, shielding the TRUE power behind the money and the papal bloodlines. They didn’t just all of a sudden pop up with millions of dollars worth of gold to start their dynasty. The money they used to start their dynasty came from the crusades and the money that the black nobility/papal bloodlines have been hoarding since the crusades and before.
The Knights Templar, Jesuits and other orders were controlling most of the money, supplies, and banking until they decided to have one central banking agency, or dynasty, to use as their figurehead.
THERE IS ONE MAICORPORATION IN THE WORLD. It is called the CROWN CORPORATION, and all other corporations fall under this corporation into sub corporations. This is why your churches must sign up as a non-profit 501 corp because a percentage of that is also sent back to Rome just like every other corporation including the HUMAN bodies that are corporations via birth certificates. Every village, city, county, state, providence, country etc is a sub corporation reporting to the CROWN CORPORATION that rules them all.
The top 3 sub corporations are the 3 CITY STATES that control the banking industry (City of London), the military industrial complex (Washington, dc.) and the head of the religious realm (Vatican city). THIS IS the HOLY SEE. This is the all seeing eye. The oracles of Delphi and they control EVERY intelligence agency in the world. They control the kgb, the cia, fbi, dea, mi5, mi6, mossad etc etc. They control the other intelligence gathering corps like the psychiatric industry, social media sites, the search engines, the amazons, the facebooks, twitters, igs, tiktoks, the googles, the Microsoft’s, Apple, Teslas, etc etc…
I’m about to break down every last bit of this, the pyramid of hierarchy, all the way down to your local elected city official, rookie cop, public schoolteacher, military recruit, and everything in between. You may think you know how deep this goes, but I want you to prepare yourselves. My goal is not to scare you, but rather open your eyes a little wider. Turn off your televisions, NPR, and anything whatsoever to do with politics because it’s all an illusion. The matrix ensures you know nothing about the world you live in. The only way to get through this is to familiarize yourself with your enemy.
Taxes, tithes, fines and all other sources of income of these sub corporations go back to the GOD FATHER. This is why the Italian MAFIA runs the way it does and why they kiss the ring of the head or GOD BODY.
The 3 POPES OF POWER:
- The White Pope
- The Grey Pope
- The Black Pope
The “white pope” or Jorge Mario Bergoglio (Figure Head of Catholic Church in which we see in the Vatican is just another figurehead and has no real power himself compared to the black and grey popes. Pepe Orsini is the grey pope, which is the Most Powerful Man in the world who controls the white and black popes. The Black Pope is Arturo Sosa. He is the Superior General of the Society of Jesus or Jesuits and is under the grey pope but above the white pope.
THE TRUE RULERS OF THIS WORLD ARE The Black Nobility and Papal Bloodlines
Top Tier Bloodlines:
- The Orsini family of Rome
- House of Borja
- House of Lancellotti and Breakspeare
- Caetani or Gaetani family (Gambino Mafia and Donald Trump)
- Colonna family (Colombo crime family)
- House of Farnese Military Bloodline
- House of Aldobrandini
- House of Somaglia
- House of Conti
- House of Chigi
- House of Medici
- House of Pamphili
- House of Este
Second Tier Bloodlines
- House of Alba
- House of Bathory (Dracula, Order of Bath, Prince Charles and Blood Bath Ritual)
- House of Bonaparte
- House of Borromeo
- House of Bourbon
- Dreyfus family (Julie Louis-Dreyfus)
- House of Habsburg
- Guinness, Hennessy and Bailey Families
- House of Marescotti-Ruspoli
- Odescalchi Family
- House of Orange-Nassau (the Cult of Venus)
- House of Osorio
- The Pallavicini family
- House of Sacchetti Doria (Goldman Sachs)
- House of Savoy
- House of Sforza
- House of Torlonia and Borghese
- House of Windsor and HAARP
- Massimo Family
Third Tier Bloodlines (New Money)
- THE ASTOR BLOODLINE
- THE BUNDY BLOODLINE
- THE COLLINS BLOODLINE
- THE DuPONT BLOODLINE
- THE FREEMAN BLOODLINE
- THE KENNEDY BLOODLINE
- THE LI BLOODLINE
- THE ONASSIS BLOODLINE
- THE REYNOLDS BLOODLINE
- THE ROCKEFELLER BLOODLINE
- THE ROTHSCHILD BLOODLINE
- THE RUSSELL BLOODLINE
- THE VAN DUYN BLOODLINE
- THE MEROVINGIAN BLOODLINE
- House of Saud
- The Disney Bloodline
- The Krupp Bloodline
- The McDonald Bloodline
- The Gates Bloodline
- The Bush Boodline
- The Clinton Bloodline
- The Kraft Bloodline
- The Taft Bloodline
- The Smith Bloodline
- The Carter Bloodline
- The Zuckerburg Bloodline
- The Bezos Bloodline
- The Murdock Bloodline
- The Elon Musk Bloodline
And many more top tier leaders/families in business, religion, politics, Hollywood, music and education…
The 4th Level includes various presidents, prime ministers and leaders of the world in high level positions in higher level secret societies and occult groups.
5th levels: Freemasons, eastern stars and other secret societies that make up our judges, lawyers, doctors, teachers, mayors, police, wardens, businessmen, land owners, and others that aren’t very rich.
Lower levels are the initiates that came in via the fraternities, sororities, and other secret oath groups that don’t know anything, but want to gain power, control, wealth, and prestige.
Lowest levels are the snitches, groupies and blind sheep that create idols out of these rich, powerful, and influential Satanic people.
Pay close attention parents!!! 💥
The very first level of initiation is getting children into hitler youth type groups, *boy and girl scouts, fema youth, orders of demolay, rainbow girls etc. (*no longer exists). These days they don’t need to shop any further than the local elementary school. School teachers (operatives) are glorified recruiting agents for secret societies.
Archbishop Timothy Dolan of New York is the true ruler of the United States. Make no mistake. It’s not the President, never was. Mr. Dolan is a Provincial, appointed by the Jesuit Superior General, the current one being Arturo Sosa, the Black Pope. The former, Adolfo Nicholas, died 5/20/20. There are 10 provinces in the U.S. Mr. Dolan oversees ALL Knights of Malta, Knights of Columbus, as well as the Supreme Council of the 33rd. This means he rules over all sects of Freemasonry within the United States, as well as the other groups. Look at each image closely, as I chose them specifically for this post.
And you thought the President was in charge.
The above visual appeared on her Telegram channel this week, supposedly confirming what I exposed here months ago.
Queen Romana of Canada (Arcturian)
The above visual appeared on her Telegram channel this week, supposedly confirming what I exposed here months ago.
USAFCC (US Air Force Civilian Division) Notice: “The royal decrees or cease and desist orders by Queen Romana or the Kingdom of America do not take full effect until the Kingdom is fully established and in control. Royal decrees are an example of how we will rule the Kingdom when complete. Your choice to follow these decrees or orders is voluntary. We do not reccomend you stop paying bills or mortgages. For all those wanting a new global currency please buy gold or silver coins to protect yourself. Stay away from crypto currencies.”
So in effect, the US Air Force, who hired Queen Romana (although she’s claimed she’s the queen of the world) has rebuked her authority to pronounce these decrees in full effect, leaving a lot of Canadians, who followed her advice to stop paying for electricity, for example, in dire straights. This is only one a rather long list of missteps.
Although she’s still in power, my feeling is that it won’t be for a whole lot longer. Her personality condescending and arrogant communication style has rubbed a lot of people the wrong way, and she certainly wouldn’t be tolerated at the business level in Canada. I’ve personally lost confidence in her as she heads into the northern regions of Canada, likely to speak in front of very small audiences.
She’s done some good things for Canada, but her style is divisive and not a good match for the future direction of the country in very difficult times, in my humble opinion.
From last week:
Canada: We had our own drama unfolding Saturday (it slowed me down trying to finish this blog post). The event was an intended citizen’s arrest of the Peterborough, Ontario police. Queen Romana raced from Eastern Canada to be there and support the group, However, the confrontation ended in two violent arrests.
When it all went “sideways,” Queen Romana and her entourage suddenly disappeared. The people who organized it were set up for failure. By the end of the day, we had two arrests, no queen around, special ops probably at work to free the victims, and what amounted to an embarrassing mess, unless there’s something else going on that I don’t know about.
The only response from Queen Romana was:
I said, “be Peaceful and Calm”. And, Personal Safety and Security of those partaking were paramount. Putting oneself in harms way is not the way to do it…”
In other words, she “threw them under the bus,” with not a work of compassion, or concern. And then she disappeared off on the road again. We’ve heard nothing more from her so far. No words of encouragement, nor concern for the arrested.
Emergency Broadcast System on Deck
We’re near the end of THE STORM, which is a period where the focus is mass arrests from unsealed indictments. There are hundreds of thousands of them and each indictment can name up to one hundred people. It continued through this past week, as expected, and will continue through at least the next two weeks,
Airlines are starting to shut down again.
it’s impossible to know exact dates of the following events, as under 10 people know the plan.
Once we’re told that when we see the public exposure of the Queen’s death, the dominoes will immediately start falling. She died in December, 2019.
So, it sounds like popcorn time. Thankfully, with the internet remaining up during the Awakening, trading will continue. It may become quite volatile..
Looking at THE STORM and Upcoming Events
We still have these major events still to go. I don’t know what the timing will be, but it will start to get obvious in the coming days, I think.
We’re now in the GREAT AWAKENING phase, but THE STORM is still underway. Some of the expected events below have happened (GREEN CHECK MARK) and some are in progress:
- (in progress) WW3 Scare Event. Nuke Sirens: This is the Russia/Ukraine false flag war. The real end target it Israel. It’s the rathole where the Zionists live (they own main stream media), the Mossad hangs out and the last of the Kharzarian mafia (the Rothschilds, and friends). As the Q Team has always said, “Israel will be last” and the buildings that are “going down” and imploding, meaning they’re pre-wired with explosives).
- Changing over to Tesla Free Energy (this will require power to go off around the world, but it will be a short blackout)
- (partially complete, but don’t know the count) 34 satanic buildings & dams bombed — I think some of these buildings have already been taken out. They appear to be part of an energy grid system that has keep the natural energy of the Earth suppressed — much more on this to come. The White House is going to be imploded; it has already been wired up with explosives. The Georgia Guidestones were destroyed this week, along with an obelisk and nearby buildings close to the Vatican, in Italy.
- (Reports are that this has happened.) Breaking of the 3 Gorges Dam in China. There’s major flooding in China this past week and this week. This dam sits above Wuhan and the plan is that the water from the break will destroy the Wuhan lab, which has a link to US Big Pharma, and will be the beginning of the end for them. Bitcoin Servers turned off (99.5% of Crypto gone China Coins) — this involves the dismantling of 24 nuclear reactors under the dam that provide the electricity for Bitcoin. This is going to be cover for the breaking of the 3 Gorges Dam.
- (now in Ukraine, Canada, US and possibly some other countries) Martial Law — for the ten days dubbed “ten days of darkness,” and beyond. It will likely stay in place much longer as the cleanup continues. Actually, it should be called “ten days to the light!” It will be the Great Awakening as we see round the clock video that explains most of what’s been going on the last 5 years to overthrow what’s been going on for two thousand years! — the Illuminati.
- AND, of course …. GESARA (which officially came in on Feb, 22, 2022 in Canada).
This is THE STORM/GREAT AWAKENING. They want you to stay at home during the EBS period. We’re likely to see more visible signs of military. Keep stocked up for two to three weeks. Arrests will continue during the EBS playback.
Enjoy the Awakening!
Know the Past. See the Future
Webinar Playback: Elliott Wave Basics
If you’re new to the Elliott Wave Principle, or even fairly comfortable with it, this webinar will give you a solid introduction and comprehensive understanding of the difference between trending and counter-trend waves, the various patterns for both types of wave patterns, and a good overview of how fibonacci ratios determine trade targets.
This is link to the YouTube playback video, allowing you to review, stop and start, etc.
Want some truth?
All the Same Market.
I’ve been mentioning for months now that the entire market is moving as one entity, the “all the same market” scenario, a phrase that Robert Prechter coined many years ago, when he projected the upcoming crash.
We’re in the midst of deleveraging the enormous debt around the world. Central banks are losing the control they had and we’re slowly sinking into deflation world-wide, with Europe in the lead.
The US dollar is fully in charge of both the equities and currencies markets. They’re all moving in tandem, as I’ve been saying since September of 2017. Over the past three years, their movements have been moving closer and closer together and one, and now they’re in lock-step, with the major turns happening at about the same time.
it’s challenging because often times currency pairs are waiting for equities to turn, and other times, it’s the opposite. The other frustrating thing is that in between the major turns, there are no major trades; they’re all, for the most part day-trades. That’s certainly the case in corrections, where you very often have several possible targets for the end of the correction.
We’re now close to a turn in the US indices, currency pairs, oil, and even gold. Elliott wave does not have a reliable timing aspect, but it looks like we should see a top very soon.
Get an upper hand … JC 2
A true expert in Elliott Wave FL 2
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Couldn’t be happier … KK 2
Have not had a losing week RW 2
US Market Snapshot (based on end-of-week wave structure)
This chart is posted to provide a prediction of future market direction. DO NOT trade based upon the information presented here (certainly NOT from a daily chart).
Above is the daily chart of ES (click to enlarge, as with any of my charts).
(As at Wednesday, Aug. 24) Another very long analysis weekend, putting all the major asset classes together in a synchronized manner. The market worldwide has been moving as one for almost four years now as we move slowly toward the demise of this fiat-based stock market. It all fits together like a giant jigsaw puzzle.
In the SP500, we're in the final sub-wave up of the B wave. Earlier this week, the potential ending expanding diagonals in ES and NQ broke, so that now we have a clear path back up to the final high. Similar patterns in NQ and NDX broke late last week. The waves down from the are corrective, and that's true for all the other asset classes I cover.
In ES, I'm now expecting a turn to the upside in a final sub-wave up of the B wave of the large expanded flat that began at the bottom of the market near the 3640 level. As soon as the upper target is reached, expect a C wave down to a new low. The C wave has a suggested maximum length of 165% of the A wave. Right now that's below the 3500 level, but may change based upon the final stopping point of the B wave we're in. It's the same situation for the SP500 and NQ (the Nasdaq side).
The direction is still up, but not for much longer. We've been moving mostly sideways for about the past eight days, and more recently to the downside. We're back to the previous fourth wave low this week. The B wave pattern so far has been a series of very badly formed zigzags. The upside target is in a range above 4350. I can't be more specific than this.
All assets I cover (USD currency pairs, US equity futures, several equities, DXY (the USD Index), oil, silver, and gold, are lower this week in a fourth (or B) wave, depending on how you label the sub-waves of this two month rally.
A flat is a 3-3-5 pattern. In other words (in a bearish market), the A wave down was in three waves, the B wave that we're near the top of is in three waves, and the C wave back down to a new low will trace out 5 waves.
You have to be vigilant with the final 5th wave of this C wave drop, because most of the time it does not complete in 5 waves itself. The fifth wave tends to truncate after three waves. Flats always retrace completely so we need to expect a new all-time low.
I expect this final move will take us into September. Nothing much happens during summer doldrums. The C wave down, some 900 points, is a phenomenon that typically happens in a September timeframe, and it appears that's what we're setting up for, at long last.
I've said for months that once we reach a low, or at the very least, start heading for a low, the Emergency Broadcast System won't be very far away, and that's still my thinking.
Summary: We're now up in a corrective pattern closing in on the 62% retrace level of this very large (in time) fourth wave down from early January, 2022. I'm expecting another large wave down to a new low before this large fourth wave is considered complete.
The wave structures in this extremely low volume market are starting to fall apart and are malformed, for the most part, so the sub-waves are becoming more difficult to read as time goes on. You have to analyze multiple asset classes to know where we are in the bigger picture.
When the bottom of this large, five-month-long fourth wave is confirmed, it will lead to the final fifth wave up to a new high and end the rally from March 2020.
Once we've reached an area below 2100, we'll turn back up to climb to a final slight new high in a fifth wave of this 500 year cycle top.