Market Says: We’re CLOSE!
It took me most of today to get my mind into putting out this blog post. After three years of doing this religiously every weekend, not to mention market analysis and a video every weeknight, I’m exhausted. It’s been three years of the war against the Cabal, eight years of blogging regularly without a break. Today was a day to catch up on a bit of sleep.
I’m not complaining (but I am … a little bit). It’s been a long haul, unexpectedly long. But it IS war. We won, but we’re not quite over the hump of taking this all out to a public who are still mostly asleep. I’m trying not to think about the chaos that will result from waking these folks up. I honestly don’t know how effective the use of video will be in a locked-down situation. About all I know is that we’re very close to everything being exposed. The shutdown is coming.
Today (September 4) is supposedly July 4 on the new calendar we’re moving towards. September 11 is Christmas (Jesus’ actual birthday). Something very big is about to happen within the next couple of weeks; I think that’s clear.
The market is telling me the next couple of days will be important. A turn is in the works. Equities have already turned up; we’re waiting for the US dollar to turn down and tonight, it’s at a turning point.
I’ve given you what I know to be important dates below. They’ve not changed from last week. I don’t necessarily know what each will bring, but we’re in a period of time that will see monumental changes take place in society and give us back our freedom.
“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same.” – Reagan
Earlier today was quiet and tonight as I finish this post, new information is coming out. So, this post is going to be a selection of information that I’m confident of, in no particular order. (the challenge these days is discerning what’s the truth, because war for the mind is going on in the Telegram application; It’s gotten must worse lately.
BREAKING: Jill Biden tests positive for Covid-19.
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The Dance of Life
Here’s a fabulous video that parallels what each of us goes through in our lives. The secret to success if to NEVER GIVE UP, and always crawl back to your feet, no matter how overwhelming a task that might seem at the time. It also relates to this war we’ve been through, with all the setbacks and delays, at times not knowing where we were in the overall process.
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How 7 Billion People Will Inevitably Transition to the QFS
In an age of unparalleled technological advancements, we stand at the precipice of a revolution so profound, it’s poised to reshape our financial, military, and electoral systems. The dawn of the Quantum Financial System (QFS) is upon us, and a new world order awaits.
Our world, home to a staggering 7 billion souls, finds itself at the crossroads of a digital renaissance. This isn’t just any change; it’s a quantum shift. And guess what? Every single person will be a part of it.
There’s an adage that says, “change is the only constant.” But what if the changes were so expansive, so transformative, and so aggressive that they left us questioning everything we knew? Enter the Quantum Financial System.
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RV/GCR👉 RV/GCR Banking Collapse, Charlie Ward
(Charlie Ward is a clone. He’s a voice of the military, as is Tucker Carlson, Elon Musk, neither of whom are real at this point)
BANKING COLLAPSE Unveils Shocking Connections to Tribunals and War Crimes! Prepare for the Unthinkable: Trillions of dollars in U.S. Treasury Bonds are flooding back to Europe and 110 nations, revealing the alarming truth that the U.S. Corporation is teetering on the brink of insolvency. Brace yourself for the impending catastrophic COLLAPSE that will send shockwaves throughout Europe and beyond.
France’s brazen act of pilfering its citizens’ wealth has ignited widespread riots and civil unrest.
Hyperinflation in Germany is decimating the metal industry, crippling weapons production, and pushing corporations to the edge of bankruptcy.
The Deutsche Bank’s entanglement with Epstein’s dark connections and its web of international ties, including Estonian banks, is unraveling, as world courts launch far-reaching investigations that could shatter the global banking system.
Israel’s Descent into Chaos: An Unfolding Catastrophe. The nation of Israel finds itself in dire straits as it hurtles towards an imminent COLLAPSE. Concealing the true state of its markets, banks are fabricating gains as civil unrest spirals into full-blown riots.
Meanwhile, the colossal COLLAPSE of SVB BANKS in California, resulting in a mind-boggling loss of $10 trillion, sets off a catastrophic domino effect rippling across multiple countries. The COLLAPSE, underway for over a year and a half, is finally unmasking the Deep State’s cover-ups and exposing their false market reports.
As the Biden administration trembles, governments worldwide teeter on the brink, and the Military courts, along with the Alliance, silently monitor the COLLAPSE, knowing that it will lead to military intervention. The intricate web of connections between governments, worldwide money laundering operations, bioweapon creation, and incitement of proxy wars through the U.S. heralds an era of potential war crimes, crimes against humanity, and a global PLANDEMIC.
The Global Event: We Stand at the Precipice of Chaos. Massive chaos looms on the horizon, as citizens around the globe remain shockingly unprepared for the impending COLLAPSE EVENT.
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GESARA – NESARA Joins Forces with GESARA
In a development that could only be termed groundbreaking, NESARA (National Economic Security and Recovery Act), a long-proposed but never-enacted financial reform plan for the United States, has finally found its true match—GESARA (Global Economic Security and Reformation Act). Yes, you read that right! These two comprehensive reform plans have converged in a monumentous union that will shake the very foundations of our global economy.
By unifying their destinies, NESARA and GESARA are setting the stage for an unprecedented metamorphosis that will reverberate across 206 sovereign nations. Think about it: Two incredibly ambitious plans focused on creating a better world are now united under a single banner. If that doesn’t get your pulse racing, I don’t know what will!
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MarkZ on the Financial ReSet – An Update (Sept. 4)
Fri. 1 Sept. MarkZ: I have some group leaders telling me that they know the exact timing, they are not telling me the date, but they seem as content as the Cheshire cat! Bond people were still expecting contracts at any time.On Fri. night 25 Aug. a couple of humanitarian projects received full funding. Banks were saying there would be a free flow of money after the Labor Day banking holiday on Tues. 5 Sept. Redemption Center folk were told not to take a Labor Day vacation and to be available on Sun. 3 Sept.
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What Happens After the ReSet?
Those making the PLAN want no ONE to PANIC because it’s simply the release of the TRUTH.
After the E B S and we’ve gone through the 10 DAYS mainstream media BLACKOUT and sat through all the 24/7, [eight hours long movies] do we go back to NORMAL like business as usual?
Answer is: After E B S and the 8 hours long 24 7, movies all will change. The, LIFE support, attached to the old and EVIL systems will be PULLED. HUMANITY and PLANET EARTH simultaneously move to QUANTUM reality consciousness system [PEACE and PROSPERITY]. END of FINANCIAL and HUMAN consciousness ENSLAVEMENT. Old systems of GOVERNMENT, EDUCATION, FINANCE, HEALTH, TRADE and COMMERCE etc. will all be DISMANTLED and REPLACED.
We will have new CURRENCY called the USN US NOTE and GOLD backed.
The TIME is now to ALERT as many who will LISTEN. Do not have too much PRIDE. Go WARN those you LOVE even though they think you’re CRAZY. Your GOAL for OTHERS is TRULY to HELP absorb the SHOCK of what is COMING.
Stay strong PATRIOTS and STOCK BACK UP ON FOOD, RESOURCES, SUPPLIES for the EVENTS happening and coming.
We are inside the STORM. MAJOR EVENTS HITTING. Everything is leading to MILITARY and Crimes Against Humanity.
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CEMEX — LOTS TO UNCOVER HERE!
(There are many signs of the shutdown coming. The cement problem is just one of them. We have pilots in the US, many who have had the shot, and are really unsafe to fly a plane. This is beginning to be a big issue. Gradually, over this week, I expect to see more and more travel restrictions being put in place.)
JUST IN: 🚨As many schools Schools in the U.K. are closing because of dodgy concrete saying they are unsafe to open – now apparently schools leaders have been warned they must prepare for the threat of cyberattacks from Russian hackers as the new academic year begins this week.
How do you conduct mass low level arrests and collect evidence and data without the public knowing? You blame the Russians and come up with a story that there’s asbestos in the concrete as a cover to close schools and other public buildings – getting ready to clean out the satanic system.
I also want to add that CEMEX has been used for a lot of the Schools, Hospitals, council/government buildings etc…..there is a 138 mixing plants in the U.K. alone and they are mainly located close to Military bases, hospitals, schools, Airports etc….CEMEX was a $75,000 dollar donor to the Clinton foundation and in turn The Clinton Foundation gave CEMEX a $7 million contract from the Clinton Global Initiative to build houses in Haiti during the time that Hillary Clinton was Secretary of State (2012) under Barrack Obama. CEMEX is also owned by Bronfman-Rothschild.
In 2018 Trumps administration exposed CEMEX as having connections with child trafficking. Soros, Blackrock and Vanguard all have stocks and shares in CEMEX. The Whitehats discovered that CEMEX was the glue to the entire human and child trafficking rings and satanic sacrifice. This is why Trump declared a state of emergency and froze all accounts and assets for anyone and any company involved in the trafficking of children through his E.O’s.
CEMEX is used world wide in many buildings including houses we live in. And operates all over the world. One of CEMEX best selling products is concrete railway sleepers, they also hold a patent on a concrete mix containing blood and human remains.
CEMEX is/was used to dispose of human bodies and blood after being harvested from the underground Tunnels and DUMBS and mixed into the cement leaving no trace and no evidence.
The CEMEX rabbit hole goes deep and beyond evil!
The MSM are not going to report the truth of what’s really going on. It’s up to us to connect the dots, and we can all agree the closures of the schools in the U.K. isn’t what is being reported.
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Focus on This Weekend
The Trump arrest led to the US being under a heavier level of martial law. We’re all under global martial law, as well (as of August 9).
Things continue to heat up, with airports shutting down, issues with Chinese cement threatening to close schools and hospitals, new variants on the horizon intended to scare the “normies” (those still asleep), and more banks closing every day.
This weekend, we seem to be quickly moving into the climax for WWIII, with Putin having threatened the United Kingdom with a nuclear bomb (nuclear bombs don’t actually exist, another lie we’ve been told to keep us in fear).
Also, this weekend, in terms of the market, we’re focused on DXY. It’s a long weekend, of course, with the markets closed on Monday, but I’m hopeful that, by Tuesday, we’ll have a resolution to the question of what pattern DXY is actually in, an ending expanding diagonal, or a flat. My bias is towards the flat, but I don’t have the final word; the market does.
Until we get DXY turned to the downside, the market remains is a dangerous state of being out-of-sync. Gold, silver, and oil, seem to have dissociated themselves from the US Dollar, as they’re now all moving in the same direction. Once DXY turns to the downside, I would expect a larger, perhaps faster, move up in gold, silver, and oil.
The changes are due to the fact that DXY is projected to be completing a regular flat, and once you make the change in the DXY chart, you realize it affects just about everything else.
For the SP500, my bias is now more strongly for a final target in the 4800 area, which will result in a double top and will lead to a REAL crash coming up in September, that will take the SP500 down below the 2000 level, something I’ve been warning about for the past few weeks. I think it’s fairly obvious now that this is where we’re going.
DXY, this weekend, is well OVERDUE for a turn!
Before we see the crash in the September time period, however, we need to set up for that crash and that means we need a final rally in equities (the SP500) and a large drop in DXY (the US Dollar Index). It’s obvious we’re now setting up for this “smaller” trend change and turn I’ve been anticipating. It’s looking like “the turn” may happen early this week, perhaps on Tuesday, August 5.
The flurry of videos and posts in Telegram regarding dates continued this week, with no apparent changes. There’s a very big date coming up September 23, and this may be the key date by which to expect the start of the crash. I don’t know what each of the dates below will bring, but these are the really important one that have been reinforced in comms over the past week, or so.
The important dates are:
Wednesday, Aug 30 — Super Blue Full Moon, very large in the sky, at the lowest point closest to Earth for the Moon for the year. Apparently, on this date, the Earth rose to the 5th dimensional level. More to come on this at a later date.
Tuesday, Sept 5 — Guy Fawkes Day (“Remember, remember, the fifth of November”). There’s a two month difference in calendars, so November is actually our current September (this will become clearer with we move to the Julian calendar, which seems to be imminent.
Friday, Sept 11 — Christ’s birthday, supposedly (there’s controversy about this, but the information I have suggests the 11th is correct). It’s also the date that GESARA was to be announced in 2001. It’s Christmas, this time, for real!
Wednesday, Sept 23 — There’s a long standing prophecy that this date marks the end of the old world, and start of the new. It may be marked by celestial events of some magnitude. This date may mark the start of the stock market “crash.”
Friday, Sept 25 — God returns. This is a date that we blasted out by the West Coast Wizard, a well-connected, in-the-know patriot who’s been putting out videos for the past three years, keeping us up-to-date on the progress of the revolution.
Keep in mind that there’s going to be a calendar change in the very near future, from the Gregorian calendar to the Julian calendar, which may, or may not, affect the dates above. To move from the Gregorian calendar to the Julian calendar, you have to subtract 13 days (unless something has changed). The calendars have been an extremely confusing part of the movie narrative.
I’ve also heard again this week that the Emergency Broadcast System may happen in two segments. And there are heightened warnings of a blackout coming (electrical) worldwide.
Works are to begin today on Menai Suspension Bridge
Work will begin today (Monday 4th September 2023) on the Menai Suspension Bridge to ensure it is permanently restored in time for its 200th anniversary. The second phase of works will see new permanent hangers installed, following a rigorous period of development and testing.
Operation Menai Bridge has to do with removal of Royals and the announcement of the end of the CROWN.
We were also told a couple of days ago to “watch the wives.” Yesterday, we had shots of Camilla and the wife of Rishi Sunak sporting GREEN, which is a signal for GO!
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Situation Report for Sat., September 2 — PDF DOWNLOAD: Restored-Republic-via-a-GCR-9-4-2023
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The Incredible Mortgage Scam.
Below is a 16 minute video that exposes the Mortgage Scam. I’ve been working on this for a couple of months now and finished the video this weekend. This is the LARGEST FINANCIAL SCAM in the history of mankind. It affects every mortgage and bank loan.
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Beyond the Ice Wall
This is the first instance I’ve seen of someone being able to venture beyond the Ice Wall (which we know as Antarctica). I don’t know how they were allowed beyond the wall, and they’re in a smallish sailboat, probably in the 40 – 50 foot range.
At left is a map of our flat Earth. This map comes to us from the US Air Force, so I think you can count on the fact that it’s accurate.
It’s well established now that the Earth is flat, is under a dome (at least that’s in the Bible), and that there are vast territories beyond the wall. Btw, the wall was a huge feature of the movie, “The Truman Show” (1998). The satanists always have to tell or show you what they’re doing and very often do it through the movies. The movie “The Matrix” is a good example.
There’s also a lot of foreshadowing (9-11, for example) in the movie, “Back to the Future.”
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John Wayne to Barak Obama
For those of you who don’t know, at the very bottom of this article the attorney who authored this article is John Wayne’s daughter, Aissa Wayne, also a USC graduate.
Well, Well, Well, it looks like someone thoroughly checked this out! I was wondering who was going to do research into President Obama’s Social Security number.
Jean Paul Ludwig or Barack Hussein Obama?
S.S.N #042-68-4425
WOW, read this, it’s short – very interesting.
An intensive 6-year investigation has revealed the identity of the man whose Social Security Number (SSN) is being used by President Obama.
Jean Paul Ludwig, who was born in France in 1890, immigrated to the United States in 1924, and was assigned SSN 042-68-4425 (President Obama’s current SSN) rec’d on or about March 1977.
Mr. Ludwig lived most of his adult life in Connecticut. Because of that, his SSN begins with the digits 042, which are among only a select few reserved for Connecticut residents.
Barack H. Obama never lived or worked in that state! Therefore, there is no reason on earth for his SSN to start with the digits 042. None whatsoever!
Now comes the best part! J. P. Ludwig spent the final months of his life in Hawaii, where he died.
Conveniently, Obama’s grandmother, Madelyn Payne Dunham, worked part-time in the Probate Office in the Honolulu Hawaii Courthouse, and therefore had access to the SSNs of deceased individuals.
The Social Security Administration was never informed of Ludwig’s death, and because he never received Social Security benefits there were no benefits to stop and therefore, no questions were ever raised.
The suspicion, of course, is that Dunham, knowing her grandson was not a U.S. Citizen, either because he was born in Kenya, or became a citizen of Indonesia upon his adoption by Lolo Soetoro, simply scoured the probate records, until she found someone, who died who was not receiving Social Security benefits, and selected Mr. Ludwig’ s Connecticut SSN for her grandson, Barry Obama.
Just wait until the head Birther himself, Donald Trump, gets past the birth certificate and onto the issue of Barry O’s use of a stolen SSN. You will see leftist heads exploding, because they will have no way of Defending Obama.
Although many Americans do not understand the meaning of the term “natural born”, there are few who do not understand that if you are using someone else’s SSN it is a clear indication of fraud, and a federal offense.
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Regular and Expanded Flats
The pattern tracing out in DXY this weekend seems to me to be a regular 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. Think about the large fourth wave up DXY that we’ve been tracing out. The BULL Market wave on the left in this diagram relates to the probable pattern we have unfolding.
The first set of waves down in DXY from the 104.75 area was in three waves (a zigzag). This is the A wave of the flat.
The wave up from about 99.50 is also in three waves. This is the B wave of the flat, and it’s not quite complete. My target now on the upside should be at least 104.75. A turn down into Wave C that traces out five waves will complete the pattern (3-3-5). The downside target here, at the moment, is in the 96 area,
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). At the current time, the probability is much higher for the regular flat to play out.
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OPERATION: SANDMAN (Still “a thing!”)
(updated from last week)
“Project Sandman” describes a 100+ nation agreement that, when triggered, will see those nations simultaneously dump the dollar and abandon the “petrodollar.” When this “event” is triggered, the dollar and all dollar-denominated assets will plunge. (this is what we’ve been told)
What will happen (this is a planned event by the US military) is that one hundred, or so, countries, will sell their US dollars back to the US and will cease holding dollars. This would be perceived as inflationary to the US, as these dollars would move back into the US treasury, and drive down the dollar, which is what we want to have happen.
The other potential driver of the dollar is the release of huge amounts of humanitarian funds (and restitution funds — think seniors) which are believed to be in fiat dollars initially, with a release we keep hearing is imminent (in fact, long overdue).
Nearly 60% of international reserves are held in dollar-denominated assets, and it’s by far the most-used currency for trade. The dollar is involved in about 88% of all international trade transactions.
The Main Stream Media won’t be able to hide the fact their cabal financial system is bankrupt and collapsing at rapid speed. They will have no other choice but to report it.
So, the “cavalry” seems to be waiting on the edge of town!
The fireworks are about to begin!
Expect this coming week to be a big one.
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We’re in the STORM — the STORM Brings Justice
There are still several tasks to be undertaken in terms of doling out justice. We’re in THE STORM which is responsible for mass arrests now happening worldwide. As in any movie, there are always details at the end to wrap up the plot. This movie is no exception. You’ll see a list below. It seems we’re going to see some of this happen during the Emergency Broadcast System playback and perhaps, even after. I’m hearing that martial law is going to be in place for quite some time to come. Military tribunals are scheduled for the summer of 2023. Many have been completed, but there are a lot more to go, at lower levels of corruption.
This warning graphic below will remain up as a reminder of the impending change in fortunes that is not very far off in the distance and will definitely affect the market.
In terms of what’s happening in the “unreal” world (the movie), we have the following possible “bombs” sitting in the wings: (I believe these events are now imminent)
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- the public death of “King Charles (now DEAD) 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. This is not real (it’s a “movie”), but will appear real to the world-at-large and could affect the market (this is imminent, I believe)
- the announcement of the death of the Pope, although this does not in itself promise a major impact on the market. He’s back in hospital this weekend, so I expect his death to be announced at any time now.
- the imminent removal of Joe Biden and shutdown of the fake government (USA Inc) (Biden has been called up for impeachment, and there’s the pending SCOTUS/Brunson case.)
- the take down of the main stream media, along with social media (mostly complete now)
- public arrests (eg — Obama, Clinton), Pelosi hanging was December 27, 2022.
- martial law worldwide, in which you’ll see military on the streets in major cities (pending)
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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:
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- (in progress) WW3 Scare Event. Nuke Sirens: This is the Russia/Ukraine false flag war. 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). We’re told to still expect this soon
- (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 — more on this to come. The White House is apparently going to be imploded; it has already, reportedly, been wired up with explosives.
- (Reports now suggest that this happened on August 9 but there’s no official confirmation.) 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) — this involves the dismantling of 24 nuclear reactors under the dam that provide the electricity for Bitcoin.
- (Martial Law is now GLOBAL) Martial Law — It will likely stay in place for several years as the cleanup continues. The announcement and appearance on the streets will alert to the Great Awakening (The Emergency Broadcast System).
- AND, of course …. the public announcement of GESARA. GESARA has been signed off by 209 countries, so it is, in fact, law.
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Enjoy the Awakening!
Know the Past. See the Future
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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.
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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 the SP500 (click to enlarge, as with any of my charts).
The market, as a whole, is completely out-of-sync this weekend, which makes it a dangerous place until DXY (the US Dollar Index) turns down and joins the rest of the market. This affects currency pairs, as well.
What's really strange is that the dollar, which typically moves in the opposite direction to gold, silver, and oil, has been moving in the same direction for the past week. This is likely due to the fact that other currencies are now being used to purchase these assets, particularly oil. The US dollar is on its way out, as you know.
For the SP500 chart above, I've extended the target to the 4800 level, as I think I mentioned here last week. This would create a huge double top at that level, which would strongly suggest we're getting ready for a big crash to below the 2000 level, to start, most likely, sometime in September. That would be about a 50% drop in the market.
Then, based upon the SP500 (and other indices) completing a broadening top (or in EW terms, and expanding triangle), I would expect one more wave up to an all-time new high before we see the ultimate crash of the entire market.
On the daily chart above, we've now found the bottom of a fourth wave, but the waves up are corrective. This suggests we may have an ending diagonal forming in the SP500 (and related futures), but it's far too early to be certain. In any case, I'm expecting continued weakness this weekend before a turn back up in equities. That should coincide with the long overdue turn down in DXY.
For DXY, there is a further dilemma. It's either in an ending expanding diagonal with a downside target of the lower trendline of that ending pattern, or it's forming a flat, which would ultimately drop is to a much lower 96 level. I'm hopeful that by this coming Tuesday, we'll know where pattern we're dealing with.
Monday is the labor day holiday and there are no celestial events this coming week, nor scheduled financial events that would move the market.
THE BIGGER PICTURE: On the daily chart of the SP500 (above), the B wave down from January, 2022 (now over 18 months in length), previously dropped down to 50% (at 3500) of the corrective waves up from March, 2020. Historically, a B wave (or 4th wave) usually retraces 62% of the previous rally (in this case, up from March, 2020). From where we are in the wave structure, a move down to the 62% retrace level would be classified as a capitulation move. The 62% level is at about 3250.
The higher probability is that the SP500 is going to move up to the 4800 area. This would result in a double top for the third wave of the broadening top pattern* currently tracing out. It would then result in much deeper correction to the downside, targeting the lower trendline of the broadening. This will target below the 2000 level for the SP500.
* On a much larger scale (weekly chart), we appear to be in a broadening top formation.
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GESARA is coming in across the world, but slowly, country by country. When NESARA GESARA is announced worldwide, It will shut down governments, courts, and police worldwide, trigger a golden jubilee and bring in natural law throughout. It's a major milestone.
I don't know how all this will affect the ability to trade, 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 top this corrective wave up, and then turn down, the Emergency Broadcast System won't be very far away, and that's still my thinking.
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Summary: ES and NQ are rallying in a corrective pattern that, once a new high is reached, has the ultimate outcome of turning back down and tracing out a capitulation wave down to a new low, perhaps to the 3250 level in ES, or we might see a larger crash to below 2000*.
*I'm strongly leaning now towards a rally for the SP500 to the 4800 level which would create a double top and that would lead to a major trend change to the downside.
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