Down is STILL the Direction!
This past week showed lots of promise but, in the market, not much transpired. We spent all week going sideways in futures. The the rest of the market slowly advanced so that we’re now set up everywhere for a turn to the downside and new lows almost across the board.
The market is waiting.
It looks like it’s going to take an event to trigger a turn down. I’d like to see this happen on Monday, but it could take a bit longer than the weekend to get back to the top. In any event, I’m looking for a Monday setup. If not then, Tuesday.
I thought we’d see the public announcement of the death of the reptile queen (Lizzie II) on Friday, but the market early in the day signalled that it would not happen. However, tonight, I’m hearing and seeing signals that the announcement is imminent. “London Bridge is Falling” is the name of the operation and it’s been popping up in several Telegram channels this weekend, most notably that of JFK Jr. This public death of the Queen is a key event.
The latest in the situation report (that comes out daily) is that “the Head of the Global Financial System Redemption Committee Charlie Ward was told by both the DOJ and DOD that there would be QFS silence for two weeks.” (now, I trust Charlie Ward about as far as I can throw him, but that’s the news). If true, this could mean the shutdown is imminent, a sentiment that is a constant theme these days in JFK Jr’s Telegram site. He has become quite prolific as of late.
The STORM (mass arrests) is definitely in progress. The word is that we’re going to see the fake heads of Canada and the US removed; the courts are also supposed to be dissolved at any time now.
Every 500 years, we see an alignment of all the major planets in our solar system. This marks the apexes of electromagnetic cycles, which have a direct affect on climate. But, there’s no one day that the alignment reaches its peak, so it’s another example of a long, slow turn. A full cycle is 1030 years (2007 top), and the half cycle is at 515 years (1492).
This phenomenon always marks a HUGE societal turning point.
The Event is Ramping Up
This weekend, I’m continuing to see THE EVENT ramping up. I expect this event to include some high profile arrests, the scare event, which is supposed have a nuclear stand-off as part of it (may have come and gone now), and this NWO fake worldwide mandatory vaccination scenario (which HAS come and gone, and failed). Remember, white hats are behind all of this; it’s a staged event to scare people awake.
I expect now to see a capitulation wave in futures, likely starting down in the first part of the coming week.
DXY is in a fourth wave at the moment but I don’t see much more downside (see the video), which means we’re very close to a turn down in futures. Currency pairs are at highs (CAD is at a measured low) while oil, gold, and silver at at interim highs.
Once we see a new low in futures (the C wave bottom of the flats we’re currently tracing out) that looks more permanent, focus will turn to looking for a first wave up in five waves, with a second wave back down at least 62% in three waves. That would constitute a low risk entry for the balance of a fifth wave rally to an all-time new high.
In terms of the Great Awakening that we’re in the midst of, it’s been getting “darker” in mood, as promised and all indications I have is that the Emergency Broadcast System, along with other systems are on standby.
The big thing to watch for is the exposure of the information contained on Hunter Biden’s laptop. This could result in the stepping down of the fake Biden and the reinstatement of Trump, but I don’t specifically know that.
THE EVENT should also start a bigger ball rolling, with the exposure of Queen Elizabeth II not far behind. We also have potential public arrests of Clinton, Obama, Gates, Trudeau, and a few more high profile satanists. We’re in the end game, but it’s a meticulously structured plan and it will play out based upon the decisions of the US Military and Allied Forces.
(In terms of the stock market, the list above is a good place to start looking for weakness (shorts) as people start to be come aware of what’s been going on. It will take the EBS playback to start to alert the herd.)
We’re also expecting Project Blue Beam to launch (a fake extraterrestrial appearance with perhaps a mothership appearing over a major US city), which is the same technology they used to create the images of planes flying into the World Trade Center in 2001. Those three buildings imploded, of course, nothing to do with what happens when a mostly aluminum plane hits a reinforced steel building.
The new financial system was fully in place on May 1 and money has been flowing out to governments, bold holders, and more in the higher tiers of distribution. Tier 4 is supposed to start very soon, and Tier 5 follows, which is the public. However, it seems to have been slowed up to more properly sync with unfolding events, based upon “the plan” for awakening the public. Keep in mind that the public is a “big number” and it’s not all going to happen overnight.
We’re close. We’re counting days at this point.
BUT, there’s much more to come and it all seems imminent, based upon the comments this weekend in Telegram.
Following the Queen’s death will be a three day “black-out” (not sure how far beyond the UK that will travel), but it’s being suggested that it will be a distraction that will cover up the take-down of the internet (main stream media, as well), possibly, the electrical change-over to the new electrical system, and will usher in, shortly thereafter, the lauch of the Emergency Broadcast System, the key element of the Great Awakening we’ve been expecting.
I don’t know what impact the ten day Emergency Broadcast playback will have on the stock market — whether it will be open, or not, during that period.
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Looking at THE STORM and Upcoming Events
We’re in the BIG EVENT and THE STORM. There are elements of this BIG EVENT that remain to come to fruition. One of them involves Iran, which is now complete. Turkey was on that list and it’s also complete. Ukraine is done. Taiwan was supposed to have been completed on April 15. That leaves Israel and a nuclear standoff, which appears to be in process.
A declaration of artial law worldwide also seems imminent. They are expecting riots, but the idea is to wake up the public in a manner that will not start a civil war. It’s going to be tricky. The other reason for martial law, of course, if to lock border so that the perpetrators of crimes against humanity and treason against governments have no means of escape.
It is a magnificently planned movie, as far as I’m concerned. It’s been difficult to follow the action, as the confusion was planned, with actors in masks, clones, animated deep fakes of many leaders undergoing “live” interviews on media, and body doubles in some cases for many of the major political leaders, who are by now, all gone on a one-way trip to a military tribunal.
Before we see the Emergency Broadcast System start up, we’re going to see a short blackout worldwide, and a change-over to the new internet. Mainstream media will have to come down as part of that process. Make sure to back up anything you want to keep that’s now on the internet. Much of it will go away in the transition to the new system.
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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:
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- (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). Big announcement about Iran coming, also, and Turkey is on the list.
- 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.
- (Reports are that this has happened.) Breaking of the 3 Gorges Dam in China. 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 others) 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).
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They’ve recently said, “You’re watching a movie, but it’s coming to an end.” The action is Ukraine is a really big ending because it’s all being played out in the media. The population is not at risk.
The long wait is finally come to an end. It sounds like this coming week is going to be another week to remember, maybe even more important than last week!
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Enjoy the Awakening!
Know the Past. See the Future
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Regular and Expanded Flats
The pattern tracing out going into this week in ES and the SP500 seems to me to be an expanded flat. Here’s an description of the traits of a flat (from the Elliott Wave Principle):
“A flat correction usually retraces less of the proceeding impulse waves than does a zigzag. It tends to occur when the larger trend is strong, so it virtually always precedes or follows an extension. The more powerful the underlying trend, the briefer the flat tends to be. Within an impulse, the fourth way frequently sports of flat while the second wave rarely does.”
Regular Flat (below)
Above is a chart showing a very simple drawing of a regular flat. The large rally we had this past week seems to be a regular flat in NQ., but with any more height to the B wave, it will become an expanded flat. The only difference between a regular flat and an expanded flat is the length of the B wave (in this case, to the upside). If the B wave up is not longer than 105% of the A wave, then it’s classified as a regular flat.
The BULL Market wave on the left in the above diagram relates to the current pattern we have unfolding in NQ. As I said, more height (above 105% of the length of the A wave down) would make it an expanded flat.
Expanded Flat (below)
The only difference between a regular flat and an expanded flat is that in expanded flat, the B wave goes to a new high (the pertinent diagram is the one on the left, for a BULL market). The B wave of an expanded flat is not typically longer than 138% of the length of the A wave (which is to the downside in this case).
The C wave of both a regular and expanded flat traces out in five wave, in this case to the downside, and does not typically extend more than 165% of the length of the A wave down.
Summary: We have expanded flats in progress in ES and NQ (as well as the SP500) at this writing. Look for a test of the B wave highs into perhaps Monday and then a sudden turn down into the C wave. The C wave in both flat patterns will drop to a new fourth wave low.
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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.
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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).
The large fourth wave down in ES that began at the beginning of the year is almost done, but has one more low. Futures went sideways all last week; it's time for a turn down.
Looking at the fourth wave down in ES, the C wave down ended up being a triple zigzag and had reached my downside measured objective. But we were obviously not finished because the final wave down was in three waves and other asset classes were dictating another wave down in futures.
This week, we've confirmed an expanded flat in both ES and NQ (as well as the SP500). ES now has a B wave or the llat which has ralled to the usual level of 138% of the length of the A wave down (of the flat). The next move will be to the downside to a new low. It should trace out five waves down to finish this very large fourth wave down from 4820 area.
I was expecting a test of the highs on Friday, but the expected labor report in the early morning put an end to that idea.
The main stream media are already lamenting the size of the fourth wave, but it's only dropped to the usual 38% level. This next wave down will fill my desire for a capitulation move.
Once the low is confirmed in place, we're looking for an impulsive wave up in five waves to a new high around the 5000 level. After we reach the top of the fifth wave, I'm expecting a very large wave down of almost 3000 points.
I expect a big week this week. Let's see what happens.
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Summary: We're more or less at the bottom of the fourth wave, but it is not technically complete. i'm expecting one more move in five waves down to a new low.
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.
The rally up from March, 2020 is a zigzag, as was expected (a 5-3-5 pattern). It will eventually completely retrace to the downside.
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.