Ending Pattern Coming?
Last weekend, I thought SPX might be moving into an ending pattern (a triangle or diagonal).There’s been no confirmation so far, but I’m not discounting the potential this weekend.
We did hit the upside target in SPX, but the problem is that DXY still has a long way to go to the downside before it hits its target. That also goes for gold, silver, and all the USD currency pairs.
The dollar is still in charge. The timing of the trend change depends on it getting to its target. It’s where we sit this weekend, with a BIG mismatch between equities and DXY (the US Dollar Index).
So, I project we have another week before we have all our wayward dollar-related assets in set up “in a row” at their targets, ready to change trend. I note that the military sites in Telegram this weekend are putting out hints of a resolution to the market on the 9th, which is Friday. The recent date forecasting from these folks has usually meant you shouldn’t give it a second thought. But, you never know; it does fit the scenario I see unfolding.
The “movie” has seen many twists and turns and now, I’m hunkered down just waiting for the market to tell me what’s going to happen. I’m not putting out any projected dates because the military doesn’t want us to know. The market, however, will give us all the warning we need.
For example, there’s all this talk about a US default. On Thursday night, the Senate passed the bill to extend the debt ceiling. It didn’t have any effect on the market. Keep in mind that none of this narrative is true; it’s all scripted, and its primary purpose is to engage and hopefully wake up the US population to reality (well, if you can call it that — who knows what reality is anymore?)
USA Inc., which was the foreign corporation inhabiting the Washington DC area since 1871, has already gone bankrupt and was dissolved. That’s the entity that’s supposedly going bankrupt, except that it doesn’t exist. The Federal Reserve, which is its financial system, was rolled into the United States Treasury many months ago.
What we’re actually doing is moving from one financial system (the fiat dollar system) to a new gold-backed financial system. All the rest of the world is doing the same. In fact, the word is that almost all 209 countries are already there. So, there really isn’t any debt, because the fiat dollar is worthless and there aren’t all that many countries still using it to any great degree. It’s all smoke and mirrors.
The drop we’re about to see is one that I’ve predicted for a very long time. It’s the market moving through its elliottwave paces. So, after thinking about what was actually going on this week, I came to the conclusion that the 3250 area (62% retrace level) is the most probable target on the downside for SPX.
The BIG DEAL is the fact that one currency is going out the door and a gold-backed currency of real value is coming in. The new republic is being funded; we’re moving from a “fake” government to a real one and, at the same time, removing the extreme level of corruption in the former one. This is happening in all countries around the world.
We know that Congress has been fenced in for somewhere near a year (roughy, just based upon memory) and tribunals have been taking place there for months. So, there very little that’s “real” about the narrative that they’re painting. It’s all being staged:
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Watch the Water
We’ve long been warned about the water. This has gone on for more than a year; perhaps it’s been longer.
Washington, DC today is expecting flooding from offshore, “one to two feet of inundation above ground level in low lying areas due to tidal flooding.”
I don’t know why this would be, but flooding these days usually has to do with making DUMBs (Deep Underground Military Bases that were used for child trafficking) unusable in future.
They flood them out. They’ve done this, for example, beneath the White House and Capital building in Washington, DC. All major cities in North American have tunnels beneath them, used for human trafficking. Millions of children have been disappearing annually. Just wait until you hear about the Getty Museum in San Francisco!
There was also an incident Sunday night with a small plane that entered DC airspace, causing a scramble of military jets, created a sonic boom as they reacted, and ended with the crash of the small plane in Virginia. No word, so far, in terms of what’s going on there.
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Watch the Sky
Tonight, we also have the warning of a alien invasion, but it has nothing to do with the US southern border.
We’ve been warned about this before, but now it seems to be on the verge of actually happening. I don’t have a date, but I suspect it’s imminent, planned around the WWIII scenario that’s still building to its promised crescendo.
At present, the WWIII focus is on the US and China. Coalitions have been building in other parts of the world, reported this weekend. I suspect, the attack may involve other countries, as well.
The reference in the graphic to 9/11 relates to the fact this the alien invasion will use Blue Beam Technology. Blue Beam technology was used by the Deep State to simulate planes hitting the World Trade Center in 2001. There were no planes, in fact. You would only see them if you were standing on the ground, at the perfect angle. The World Trade Center was, as most people know, brought down by planted explosives. The collapse was a controlled demolition event with charges placed throughout the building to trigger on command.
The World Trade Center was brought down in 2001 by a conspiracy of Mossad and the CIA to stop the announcement of NESARA, which was supposed to happen later that day.
They will use this same technology for a simulated alien invasion. Below is a video showing examples of the technology:
Martial Law is Imminent
There are reports now of military and vehicles showing up in a variety of locations around the world. It’s obvious the martial law is days away. Here’s an update from a military site in Telegram)
The EBS has been publicly announced worldwide. Things will go down within next couple of days. 50 US senators have been given Q phones and are underground preparing for the Event, The EBS will trigger the RV, GCR and Martial Law.
Thousands of banks not compliant with asset-backed currencies will be shut down by the White Hats.
Martial Law will be especially prominent in 17 major US cities (it will be one event):
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- New York City
- Los Angeles
- Chicago
- Philadelphia
- Washington DC
- Houston
- Nashville
- New Orleans
- Charlotte
- San Francisco
- Detroit
- Seattle
- Atlanta
- Las Vegas
- Baltimore
- Boston
- Miami
People will have only 24 hours to get where they need to be and to secure essential supplies for a shutdown that could last up to four weeks.
The EBS will involve three to twelve days, some say two to four weeks, of Worldwide Communication Darkness.
Phones, Internet, Credit/Debit Cards and ATMs will not work. Schools, stores, businesses, banks will be closed. The Mainstream Media will be shut down.
You are advised to have a month’s worth of food, gas, cash, water and other essential items on hand.
Through Project Odin the Tesla Towers will turn on and the World will switch over to Tesla Free Energy and the Star Link Satellite System.
Three eight-hour documentaries a day will be broadcast on TV, Radio and phones 24/7 across the Globe. The documentaries will explain what is going on. Truth will be revealed out of the darkness.
For your own safety please follow Military instructions including staying indoors if so instructed. The Military will be active wherever the Cabal has a stronghold.
Thousands of banks will close as the White Hats crash the fiat currency financial system. On Thurs. 1 June Bond redemption will be paid out.
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SITUATION REPORT JUNE 3 DOWNLOAD (PDF)
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Near Term Expectations
The following from the Telegram app this morning. This is the scenario I’m seeing setting up for the week ahead, at least:
All central banks around the world are bankrupted now — it is just not revealed to the public yet, and maybe it’s a good thing. This is the Alliance’s ‘Softest Landing’ approach to avoid maximum tragedies, suffering and casualties for all citizens.
There’s already chaos in multiple countries with people not being able to get their money out of banks. If all humans find out that banks are insolvent and do not have liquidity, then everyone will rush to the bank to pull their money out and that would cause the biggest global panic & crash in ALL major countries. It would be complete utter chaos that even the Military Alliance will not be able to handle.
The bankruptcy reveal will be done publicly in phases to ensure not creating a full meltdown of citizens all over the world, all at once. As the old financial system transitions into the new QFS, citizens will be able to transfer their ‘old’ money into the new system. However this sounds a lot easier & smoother than reality.
In reality, we can not transfer from the old slave debt money system to a new one without pain & suffering. Hard-earned money & valuable assets will be lost. This is why I’ve shared my perspective on how & where to store your assets during this greatest transition of financial systems. We are no longer at the precipice. It is no longer the ‘calm before the storm’. The storm is here now.
(NOTE: Your money that’s in the bank now has been “mirrored” in the new Quantum Financial System. Don’t fear the chaos that may ensure as they take down the banking system. It’s a necessary step to get to the new system, which will have little need for banks in the long term.)
As more & more people figure out what is truly going on inside the matrix financial systems & government, it is not going to be fun. It will be more intense than the last 3 years of dealing with the CONvid agenda.
There is a SILVER lining in all this. There is a MASSIVE SILVER LINING that is coming after this storm — but for now, take cover.
We are heading into very turbulent waters. We are going to witness unimaginable jaw-dropping global events. It will be devastating to those that are not ready. It will be exciting for some. It will be the Greatest Show & Events to unfold for those in their Heart Space, holding their Highest LOVE Frequency & being well-prepared. Protect yourself, protect your home & hold your assets in physical possession. GOD BLESS!
From the Sydney Morning Herald: Reserve Bank reveals $37 billion loss, largest in its history
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The scare event is still building to a climax.
All these staged events, part of a finely crafted movie script written over a period of decades, are coming to a climax. As I’ve maintained, the market will tell us when it has come to its conclusion; we’re just about there.
This week, SPX rallied to the upside target. The market is now giving away the fact that it’s very likely “nearing the turn” within days.
This week, we saw the final rally in equities. The Dollar sits at a high this weekend (at a 62% retrace level), with USD currency pairs at extremes, as are gold and silver. Oil has already dropped to complete a first wave and is in the final stages of a second wave correction. We’re setting up for a big move.
SPX had a very bullish move on Thursday and Friday, but the waves up appear corrective. With the mismatch in the US Dollar Index, this leads me to believe we’re going to get an ending pattern within the larger one, the broadening top) we’re already in. It began its meandering journey at the beginning of April).
There are two possibilities for this new ending pattern — either an ending diagonal or a contracting triangle.
Above is a diagram showing (on the left) the projected path of a bullish ending diagonal. On Friday, we would have completed wave i on the diagram and could expect, as a result, a relatively deep second wave down. I expect this weakness to last through Monday, perhaps even in to Tuesday.
Diagonals have a diagonal trajectory. After the second wave down, we should see a large three wave rally to the upside to complete a corrective third wave. There are five waves altogether required to complete the pattern, It will result is a dramatic turn down into a major trend change.
Above is a diagram showing (on the left) the projected path of a bullish contracting triangle. These patterns move sideways in an accordion-like structure that results in a final, five-wave move to a new high.
Usually, the first wave of a contracting triangle will almost reach the projected upside target, because the four waves that follow have lower highs than the first wave up, resulting in a situation where the final wave up (in the case of having to target the rising trendline of the larger broadening top) would have to trace out a very long wave to the upside.
As a result of this uncertainty in the pattern we’re in, we’ll have to give the market a couple of days at least for it to “tell us” which of the two patterns is in play (or is something else going on?)
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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 schedule 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:
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- the death of “King Charles (publicly, as he’s already 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 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)
- the announcement of the death of the Pope, although this does not in itself promise a major impact on the market. Can happen 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 we’ll hear more on this soon, in some manner.)
- the take down of the main stream media, along with social media (mostly complete)
- 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 (imminent)
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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). Lots of blackouts this past week.
- (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 some time 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. 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.
- (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 …. the public announcement of GESARA. GESARA has been signed off by 209 countries, so it is, in fact, law.
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Alan Parrot: Osama bin Laden and Seal Team Six
Here’s the real story of the death of Osama bin Laden.
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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 SP500, more or less, reached the very long-awaited target on Friday — the upper trendline of the "broadening top" (what is an expanding triangle in elliottwave terms). However, we're not done with the upside quite yet. The US dollar still has a ways to go to get to its target and the US equities market won't turn down until it gets there.
It's likely, then, that futures are going to go "sideways" for the next week or so until the dollar (DXY in this case) reaches its targeted low of about 98.
The first part of this week was spent mostly on the downside for the SP500. Wednesday began the rally which by Friday midday or so, had made it to the upper trendline target and, as a result was way overbought. For several reasons, I now expect a retract, but not a change trend, not just yet.
This performance leads me to expect we might see an ending pattern, perhaps either a contracting triangle or an ending diagonal. It would be rare to see an ending pattern inside an ending pattern (inside the expanding triangle), but such is this market. It's "one of a kind."
Expanding triangles (the larger pattern) are ending patterns, which warn of a major trend change coming.
Going into the weekend, I expect weakness which may last into Tuesday. it won't be until Tuesday at the earliest that I'll have any more information of what SPX is planning for this final pattern.
I'm seeing a number of clues on military channels in Telegram that the 9th will be important and yes, that fits with a potential topping scenario, but the key is the dollar. The dollar has a long way to go to the downside and it controls, currency pairs, oil, silver, and gold. They all have to get to their targets before we'll see a trend change.
On the daily chart of the SP500 (above), the B wave down from January, 2022 (now 17 months in length — Q), has previously dropped down to 50% of the corrective waves up from 2020 (3500). A final B wave (or 4th wave, as the case may be) before a top usually retraces 62%. From where we 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. There's a chance we could drop lower.
These capitulation moves, common at this level of the market, gets the pundits talking, or in some cases, "screaming" that the market is about to crash "big time."
And then, it turns right around and heads back up. That's what I'm expecting. However, with the USA Inc on the verge of declaring bankruptcy, there's a question as to whether the crash we're expecting will end in the 3200 range, or drop much further. (I'm skeptical of a drop much further at this point).
In any case, once the B wave bottoms, perhaps in the 3200 area, we'ii have another large rally to go, to an all-time high. On a much larger scale (weekly chart), we appear to be in a much larger broadening top formation that will "top out" once we hit the upper, rising trendline, possibly in the 6000 or higher range.
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The world is at war, so you have to expect that the intel to patriots is partly for the purpose of confusing the enemy. When NESARA GESARA is announced, 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. A confirmed bottom would complete the year-long B wave down from early January, 2022.
Once we see a final fifth wave top, I'm projecting another major trend change — a dramatic drop to a new low under 2100.
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