Volatility on Tap?
This weekend, we still haven’t risen above the previous fourth wave of one lesser degree and I’m not all that hopeful of a continued rally going into the week. This refers to the position of ES and NQ, but there are other reasons for my concern.
The market rallied strongly on Friday, but other than DXY and a couple of currencies, we did not progress to new lows or highs. As a result, the efforts of the past two weeks look corrective right across the market.
This is why after-hours analysis is so critical in this market. With the entire market moving as one, you have to analyze all of it to know where we’re going. DXY (the US Dollar Index), for example, got to a new low, but the waves at the end of the day were still corrective. In futures (ES and NQ), there were no new highs. Gold and silver still haven’t bottomed.
And when you look closer at the entire market, it becomes obvious we’re going to see some weakness this weekend and likely into the week. I just don’t know what the downside targets are, but I certainly would not count out a test of current highs and lows. I can’t determine the targets at the moment, and I have a nagging feeling that we’re going to get some sort of an event that may result in a fast move.
In terms of what’s happening in the “unreal” world, we have the following possible “bombs” sitting in the wings:
- the death of “King Charles (sausage-fingers) and the arrest of Andrew, which would likely end with the emergence of “Queen” Diana. There’s also an impending announcement of the end of the CROWN (which may come from Prince William)
- a nuclear stand-off, which is at a level now that suggests a turning point is nigh. The war is not real (it’s a “movie” to wake up the masses), but will appear real to the world-at-large and could affect the market
- the arrest of President Trump, which is apparently quite likely, which would lead to the announcement of martial law, his brief reinstatement and announcement of GESARA. (He is the current sitting President, having been sworn in by the military. SCOTUS has overturned the 2020 election, but the media has not reported it.) Note that they cut down palm trees at Mar-a-Lago, apparently so the world could see it unfold. There’s also the arrest of Clinton and Obama still to come.
- the announcement of the death of the Pope, although this does not in itself promise a major impact on the market
- the removal of Joe Biden and shutdown of the fake government (USA Inc)
- the start of the Emergency Broadcast System
- worldwide blackout to switch over electricity and take down of mainstream media
There are a lot of possible market-moving events on the horizon and this leaves a lot of unknowns out there, so we’re back to a cautionary period in the market for as long as this plays out.
However, it does suggest a decent short setting up for futures and some short-term trades in currencies as their current rallies may fail. For example, USDJPY came down hard on Friday, but appears to only be a relatively small fourth wave. The prediction is for a new high, a high probability move.
Gold and silver have not bottomed and need to. Oil is questionable. It stalled out on Friday as the market rallied, so this suggests to be that it may also be looking for a test of the lows.
There’s a lot of uncertainty going into the week, so be careful. However, for the nimble, it suggests some perhaps lucrative day trades. I would not stay in overnight, however.
There is a partial solar eclipse on Tuesday, October 25, which may also have an effect on the market and could end up being a turning point.
General Timing Leading into the Emergency Broadcast System
I’ve spent much of last week trying to work out timing (and Trump threw out a lot of “comms” last night in his rally speech in Texas, but nothing definitive) for the EBS start-up.
All I know is that we keep moving ahead, CEOs keep stepping down and in the last couple of days, concert tours have shut down mid-stream because band members are being arrested. We have lots of confirmation of mass arrests going on.
The challenge with dates is that we have two calendars at work here and we don’t know which one the military is using, plus they don’t want anyone to know dates. Why would you tell the enemy when you’re going to wipe them out?
The most probable dates for the EBS system to fire up (and shut down the world for ten days) is from October 29 – November 8 (US mid-term election day) but it could come sooner. I just don’t know how this is going to play out, but it’s obvious we’re very close.
It’s being heavily suggested now that President Trump is to be arrested so that he can save the day (saving us from WWIII). In fact, it’s been confirmed by several sources that it will happen within the next seven days. Biden must also be removed, along with Harris and Pelosi. The military will then step in to re-instate Trump as the 19th President of the Kingdom of America (now a republic). Martial law will then come in worldwide. Then he must step down when GESARA is announced. I believe GESARA will send the market higher.
In any event, we’re at the end of the covert military operation. It appears it’s going to come into the light, to be seen by the public, but continue for some time. This next week appears to be extremely important in terms of our freedom. It’s all on track; it’s just the dates that are the issue. Look for lots more “BOOMS” this week and a whole lot of declassification. Main stream media is on its last legs; that’s very apparent.
There’s also the issue of the nuclear standoff which needs to be resolved, along with the rest of the items I’ve listed above. It seem to me that this is the week it will all happen.
We’ll see, The market is telling me something big is going to happen and that we’re close to a major turn point.
Situation Report (News from Friday/Saturday)
Much of this information comes from military intel and at this point, there’s usually another source out there who’s posted similar information, so other than any dates given, I believe it’s relatively accurate in content.
- The Deep State was planning on arresting Trump soon.
- A Nuclear Bomb was to be detonated by Ukraine in order to blame Russia.
- US Military has been gutted in preparation for a Chinese Military Invasion.
- The amount of Military aircraft activity at Gitmo has recently gone up radically.
- At any moment they could announce that the Mid-term Elections were cancelled because of Election Fraud in the 2020 Election (The Supreme Court has already invalidated the 2020 Election due to voter fraud, it just hasn’t been announced). — Any of which could put Biden, Harris and Pelosi under arrest and Military Law into effect until new elections could be held.
- Liquidity for the Global Currency Reset was believed to have started on 20 Oct, with Dubai 1 funding completing and Dubai 2 funding starting on Thurs. 27 Oct. Evidently some bonds (which had a different money source than payouts for Tier4B) were being paid out on Fri. 21 Oct.
- A lot of reports of the Chinese Historic Bonds being paid in full today 21 Oct. Historic bonds are paid from a different source than the currency exchange source. I was told bonds take longer because they have to be certain all the transfers for bonds are safe because these funds are being transferred on the old fiat system. So safety has been a major concern for the bond processing. I’m also hearing positive stuff from Redemption Center folks this afternoon. They do expect it to be a busy work week. Some of my contacts are being quiet because they were under Non Disclosure Agreements. … “Redemption Centers were preparingto be very busy beginning Mon. 24 Oct.”… “The new Iraqi President has been sworn in and the Parliament was planning to be installed next Mon. 24 Oct.
The amount of Military aircraft activity and activity at Gitmohas gone up radically
- “Monies will begin releasing on 20 Oct, with Dubai 1 completing and Dubai 2 starting a week later on Thurs. 27 Oct.…” A High Up Contact
- “Redemption Center personnel were now saying that it would be a Mon-Tues 24-25 Oct. start for Tier 4B (Us, the Internet Group).”… “Bond Holders should also get liquidity on Mon-Tues 24-25 Oct.”…Bruce
Putin has declared Martial Law in Russia including the entire Donbas Region (Donetsk, Luhansk, Kherson, and Zaporizhzhia regions) that was Ukraine. The decree came into full force on Thurs. 20 Oct.
- BBC prepares secret scripts for possible use in winter blackouts. Scripts set out how corporation will reassure public in event of major power loss. The BBC has prepared secret scripts that could be read on air if energy shortages cause blackouts or the loss of gas supplies this winter.
- The scripts, seen by the Guardian, set out how the corporation would reassure the public in the event that a “major loss of power” causes mobile phone networks, internet access, banking systems or traffic lights to fail across England, Wales and Scotland.
- Vaccines to blame for healthy people suddenly dying, Dr. Peter McCullough: Dr. Peter McCullough: COVID-19 vaccines are to blame for healthy people suddenly dying until proven otherwise
- 459 fully documented crimes implicating not just Hunter Biden, but their entire corrupted family. “It has been sent to members of the U.S. House & U.S. Senate, along with every contact on the Biden Laptop, which includes everyone from Hunter’s classmates at Archmere Academy to a sizable portion of the current White House staff.
- It is simple but dense: 630 pages. 2,020 footnotes. Broken up neatly into sections with the biggest focus being Business-Related Crimes. We believe that it is the deepest digital colonoscopy ever performed on a sitting U.S. first family.” https://marcopolousa.substack.com/p/report-on-the-biden-laptop
Switzerland’s second largest bank, Credit Suisse, was found guilty and fined for failing to detect a money-laundering scheme involving a drug cartel. (Reuters)
A former employee of the bank was found to have accepted 146 million Swiss francs ($152 million) in bank deposits from a Bulgarian cocaine smuggling ring, while concealing the criminal origins of the funds.
Credit Suisse now faces a fine of two million Swiss francs ($2.1 million), while the former employee was also fined and given a suspended 20-month prison sentence.
Credit Suisse said it would appeal against the conviction. (RT)
If Credit Suisse goes under,the domino effect would cause most major Western financial institutions to collapse and markets to implode. These are imploding anyway because the KM has lost control of the internationally traded US dollar.
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). Pending.
- 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, but the major ones still have to be dismantled, probably with Rods of God. The major buildings 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 weeks ago, along with an obelisk and nearby buildings close to the Vatican, in Italy.
- (Reports now CONFIRM that this happened on August 29.) 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 semi-officially Queen Romana declared on Feb, 22, 2022 in Canada). GESARA has been signed off by 209 countries, so it is, in fact, law.
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.
Here’s a new video out on Med Beds. It comes from Australia, a continent very hard hit by the Cabal. I’m sure the information in here more or less pertains to the rest of the world.
The word is that they’re being made in several countries and they’ve been manufacturing 5000 per day since 2020.
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.
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Tops in your field DZ 2
Couldn’t be happier … KK 2
The best of them JL 2
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Get an upper hand … JC 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).
We're still sitting near the bottom of the large B wave down from early January, 2022. It's been two weeks since the SP500 bottomed at about the 3500 level and we've been struggling to rally above the previous fourth wave of one lesser degree, which sits at about 3820 for ES.
The wave structure up now looks corrective and RSI is over-bought, so we're going to see some weakness; I just don't know how much. I see this dilemma right across the market, in every asset class. For some, like gold and silver, it's clear we haven't bottomed. For oil, we just haven't progressed.
The first set of waves up from the lows are zigzags. Zigzags are corrective waves. They can build multiple versions to complete a rally to a new high, or they can completely retrace. The key to continuing the rally is getting above the previous fourth wave of one lesser degree. It doesn't guarantee a continued rally, but we're not going to get one without crashing through that level.
To me, it suggests we may see an impactful event, perhaps early in the coming week, that will bring the market back down. The most recent wave up (on Friday) was about 100 points in ES, but neither ES, NQ, or the SP500 were able to make it to a new high. They got within a few points, and RSI closed Friday in the overbought position.
As a result, we're contemplating a retrace of the full wave up on Friday. A new high might change thing, but the issue of corrective waves goes beyond futures.
The bigger picture for futures is that we still require a rally up to a new high because the B wave down from early January is corrective. Once we get going and confirm a bottom in place, I expect that with this being the most positive time of year (US Thanksgiving, Christmas), we're likely to rally right through until January. January is almost always a weak month and one that can spark a crash, which is what I'm ultimately expecting.
Outside the market, we're on sitting at a nuclear standoff (part of "the movie") and there are strong hints that Trump will be arrested briefly (this will bring in martial law, because he is the sitting President), So, we're very close to the end for the Cabal, and we're on the verge of seeing GESARA declared.
DXY has turned to to the downside, but it's not "out of the woods." We have second waves in place in both DXY and EURUSD. DXY did make a slight new low on Friday, but the wave down is corrective. Expect a retrace here, as well, unless we drop much lower first.
The bottom line is that you do not want to be "picking bottoms" in equities in this market. You want to wait for a confirmed turn in place to the upside. We don't have one.
It's going to be one heck of an interesting week. Last week was, too. The truth continues to surface in main stream media, bit by bit.
The announcement of GESARA will shut down governments, courts, and police worldwide and bring in natural law throughout. It's a major milestone.
I don't know how all this will affect trading, but be aware that we could face some internet disruptions. Military intel has, in fact, told us so.
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: ES and NQ are at pending bottoms with a trend change on track but not confirmed. A confirmed bottom would complete the 9 month-long B wave down from early January, 2022.
I'm now expecting a turn back up to a new all time high in the final fifth wave, perhaps targeting the 6000 level for ES.
Once we see a final fifth wave top, I'm projecting another major trend change — a dramatic drop to a new low under 2100.