This market continues to be dangerous, mostly because wherever the US dollar goes, so does the overall market. But it’s also what we call a “sick market.” Volume is etremely low and that makes wave structures difficult to read. There are lots of fake-outs and this weekend, there are several options to current outlook.
For the past two weeks, we sat in an unfolding contracting triangle in SPX that completed right up to the E leg down, before it sat for a while, made noises it was going to rally, and then broke the triangle to the downside (in both ES and the SP500).
It taught a good lesson. It’s very important to wait for set-ups and not try to jump in to something that looks good. In most cases, waiting for the Elliottwave methodology of a first and second wave combination will help you avoid unnecessary risk.
This week, I’m concentrating on a timeframe, which is Wednesday/Thursday partly because of the Federal Reserve meeting announcement at 2pm EST on Wednesday. It coincides with a Super Full Moon and Pentecost (on the 15th).
The timing for the move into the next stage of the Great Awakening is supposed to coincide with the Easter timeline (“The timeline is Easter,” is a line we’ve heard for months now, a mantra of sorts). The end of the Easter period is Pentecost. We had thought Pentecost was on June 5, but, as it turns out, it’s actually on the 15th. The video below explains it.
This being the case, we may see more than just the Federal Reserve playing a role in triggering the downturn. So, the 2pm EST timeframe on Wednesday may not be the most important timing for a turn. That I don’t know.
There’s also the impending reversal of Roe v. Wade by the Supreme Court in the US. All of these “events” are potential market-movers.
The issue regarding the current patterns in ES is that we seem to be building a flat, and B waves of flats can turn on a dime. This all sets up a rather interesting week, in terms of timing and expectations. So, my thinking here is that the direction is still to the upside, but that the flat we thought we had partially in place seems to have failed. One of the options is that we’re building a new one.
Last week in the situation report (that comes out daily) was this line: “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). They also stated in another line that this would last until mid month. If true, this could mean the fifteenth is important from a financial perspective, as well.
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 worldwide and martial law declared. It’s day-by-day at the moment. “They” will decide when the time is right.
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.
(from the daily Situation Report — Restored Republic on Rumble)
- The Deep State has placed members of Antifa and other professionalrioters at over 400 locations across the US, while National Guard Headquarters have put the military on High Alert for potential violence & unrest in the wake of a SCOTUS decision on the pending Roe vs. Wade decision.
- A World-wide Military Sting Operation connected to Military Intelligence in 32 countries was positioned around the globe for implementation of Martial Law. Militaries were expected to turn on their own governments and arrest millions, including the top 3,000 Elites who controlled the world – world banks, world health, world news, world tech and all who conspired with the Plandemic.
- JFK Jr. is alive and behind the Q movement. (PT — we kinda new that … lol)
- The US Military counted the 2020 Election official Watermarked Ballot results and found that Trump won in every state and by an over 80% margin.
- Trump handed over his presidential authority to the US Military prior to Biden’s so-called “inauguration.”
- The US Military, through the Pentagon, has been in charge (Martial Law) since and answered to Trump. Biden is not allowed inside the Pentagon.
- A portion of Biden’s so-called “Inauguration” was pre-recorded a week prior on a Hollywood movie set. (PT — we knew that, too!)
- Because Obama had pardoned political Elites for their crimes, the Military allowed Biden to be “President” in order to catch those Deep State Elites in their future Crimes Against Humanity.
- Trump is coming back well before the next election.
- It’s also important that the Durham Report and exposure of the Clintons, Obama, Five Eyes, Vatican, Israel, ect. continue. The Military could not legally launch operations against U S. Citizens (Deep State Cabal US citizen groups) until failures of all three branches of government were exposed.
- Q says that while difficult, it is important to understand this must be done by the book.
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 (not sure if the nuclear threat is over, or not), and the NWO fake worldwide mandatory vaccination scenario completely failed a week ago. Remember, white hats are behind all of this; it’s a staged event to scare people awake.
My attention for the first part of the coming week will be a rally with a turn (ideally) on Wednesday afternoon, or at the latest on Thursday morning. This may be a significant event and lead to all kinds of disclosure/arrests, etc. It should lead to a new low and an end to this corrective fourth wave down since early January.
Longer term, once we see a new low in futures 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 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 it’s certainly possible that we could also get the Queen’s death announced on Wednesday, or Thursday, which would also, I believe, add to momentum on the downside.)
I also keep reading about Project Blue Beam (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 visual above represents Georgia lawyer Lin Wood (a vocal Trump supporter, calling out some elites with questionable loyalties, who I’ve called out some time ago. There are some lessor knowns here,who seem to be the legals who are trying to remove Wood’s ability to practice law, although he’s done nothing wrong (this is related to the 2020 election).
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.
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.
The Movie is Reaching a Climax
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 martial 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, is to lock borders so that the perpetrators of crimes against humanity and treason against governments have no means of escape.
It is a magnificently planned “movie.” 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.
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). 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).
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!
Enjoy the Awakening!
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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 continued sideways this week, formed a triangle, and then turned down in a corrective wave to test the 62% retrace level, and even lower this weekend.
There's a question of whether futures will reach a new low, but based on what the US dollar is doing, and the position of currency pairs (and oil), my call is not for a new low, but for a corrective rally back up to perhaps to the 4200 area in ES.
DXY, the US Dollar Index, has a large corrective wave to the upside. Futures and DXY move in opposite directions. The next move for DXY is down, for futures then, it's up.
The market overall this weekend is very complex. Futures have multiple options in terms of the pattern unfolding.
We'd been building an expanded flat in ES and NQ and were expecting a new high to complete the B wave of the flat. Both the SP500 and ES completed up to the E leg of a contracting triangle before breaking it at the last minute. There have been a lot of these "fake-outs" in recent weeks.
So, at the end of the day Friday in ES, we're left with a corrective A wave up from 3802 and corrective B wave down to the 76% level in ES (SP500 down to the 62% level, which is normal for such a weak market with very low volume at the bottom of a fourth wave). I'm expecting a C wave up now but there are options as to where it's heading on the upside.
We may still have a flat unfolding. There's also the option for an expanded flat, which if it reaches the 4300 level, would potentially result in a very large C wave down to a new low, and lower.
There's a Strawberry Super Full Moon on Tuesday/Wednesday and a Federal Reserver monthly announcement on Wednesday at 2pm. As it turns out, the real Pentecost is on Wednesday, not June 5, as we'd been led to believe.
As a result of all these signals, I'm expecting a rally the first part of the week with options for the upside target.
It was a really big week for exposing the fraud and corruption throughout the world. The January 6 "insurrection" hearings are ongoing and I'm expecting some really interesting outcomes, although viewership is extremely low.
Summary: We're more or less at the bottom of the fourth wave, but it is not technically complete. i'm expecting a rally this week to a new interim high at least to 4200 in ES and then a five wave drop to a new low to end the fourth wave.
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.