Following up on several previous posts, this provides a status update on the formation of a large W-pattern in the S&P market, which I believe God has revealed as a prophetic sign to identify the start of a market crash.
Previous market crashes have taken about three weeks to complete and I believe God has shown me as soon as this W is completed, another three-week crash begins.
The W started when SPX reached the all-time high at 2872 on Jan 26. Like many W’s, this one has a small V-shape in the top center, so instead of the center being a top, it’s a bottom, which was reached on April 2. It took 44 trading days to get from the top to the center and I believe it will also take 44 trading days from the center to the final top with today being day 24. If we skip the Memorial Day holiday on Monday May 28, it would reach the top Monday, June 4 (or Friday June 1 if we include the holiday).
The total span from start to finish is 88 trading days. 8 represents new beginnings since the 8th day marks the start of a new week and there were 8 people on Noah’s ark. Double 8 confirms and establishes it, just as every word is established on the testimony of two or three witnesses (Matthew 18:16).
My friend Aaron Brickman identified the center of the W was formed by the low on April 2. I believe God confirmed his finding because four days later on April 6, He showed me a vision of a W with the first half completed with solid lines, but the second half was shown with dotted lines. I understood He was telling me the first half was completed and the second half was still coming, including the second bottom and the final leg back to the top.
Just a few moments later, I saw the final leg being formed very fast with a few big whooshes up. Based on that, I believe the final leg will be steep and fast, just like the first leg, which dropped 338 points in just ten trading days (from 2872 to 2534).
Then three days later on April 9, I saw a quick vision of a slanted W, letting me know the second bottom would be lower than the first bottom. The first bottom was 2534, reached on February 9. Due to the large size of the W, making it slanted means the second bottom must be significantly lower than 2534. My current target for the second bottom is 2450.
I believe the second bottom has two parts because of what I saw in a dream on April 14. I saw my dog, a little Shi Tzu, standing outside in front of me to my left side. Then to my right side, I saw a much larger version of my same dog. Then suddenly, the larger dog attacked the smaller one. End of dream.
Since dogs are bearish and there were two sizes of the same dog, my interpretation is there will be two bottoms in the same drop forming the second bottom of the W. Since I saw the smaller dog first, I interpreted it to mean the smaller drop happens first, then the larger one. I think the first part happened yesterday when SPX dropped a little lower than 2600, so the larger dog is next, which takes it down to 2450.
On April 9 when I saw the slanted W, I also saw a vision of a single tall tree with a long brown trunk. Up higher, it had lots of leaves, but the shape of the tree was steep on both sides, so it was a tall skinny tree. I interpreted this as a confirmation showing the final steep move up, completing the final leg of the W, is immediately followed by a steep move down. So the final leg of the W forms the left side of the skinny tree and the drop following it forms the right side of the tree.
Assuming the three week crash begins on Monday June 4, it would reach the bottom by Friday, June 22. This timing is confirmed by prophetic insights showing silver prices should be spiking up to $21 during that same week. As a side note, silver prices are expected to drop sharply just prior to spiking up.
While traditional stocks will be suffering big losses, put options and inverse ETF’s like FAZ, SPXU and UVXY will make big profits during this crash.
Prophetic insights reveal partial information such as prices without dates and patterns without prices, so these things are subject to interpretations, which might be wrong. For that reason, this is not a recommendation for investing, but offered only as a starting point for prayerful consideration.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
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