Market Watching Final Leg of W Pattern Forming Now

A Z3 reader named Faith shared a dream yesterday regarding the giant W pattern, which has been forming in the stock market since July 2015. Technical analysts refer to the W-shaped pattern as a triple-top reversal because it typically indicates a major turning point in a long term trend. This pattern has appeared prior to every major stock market crash.

Here is what Faith saw in her dream:

This morning I had a dream. Since this was a Sunday morning dream I’m wondering if something significant may unfold this week in the markets. It also took place by my childhood home so those type of dreams tend to be prophetic.

My parents’ home is in a rural country area. A creek is behind their property so to access the road to their home one must cross a bridge. This old wooden bridge is very unique. You have to go down a steep slope to the bridge. Once you cross the short bridge you then go up a steep incline. Almost like the typical roller coaster. To someone who has never driven on it before, it can take you by surprise.

In my dream I was walking on the bridge, up the incline and then rounded the corner on the road leading to my parents’ home. I was feeling at peace however I sensed activity going on like people were preparing for something. Along the road I saw something like a banner made of large white squares (posterboard or canvas?). On these squares someone had painted writings on them. I couldn’t make out any of the writings except in the middle of this banner was a white square with a large uncompleted “W”. It looked exactly like the “W” in James’ graph above minus the red fourth leg. It was drawn in blue paint. I stopped, picked up the large “W” square and looked at it for little bit. My dream then continued on unrelated to the “W”.

Something I forgot to add is that while many country roads are made of gravel/dirt the county roads where my parents lived are made of white rock. This also may be indicative of things getting “rocky”.

My Interpretation:

Since she was already walking across the bridge at the beginning of the dream and then going up the steep hill, I believe it means we could see continued upward movement in the market as the final leg of the W is completed. This leg started the second week of February when the Dow Jones Index was at about 15,700. So far, it has already climbed about 1,300 points to about 17,000.

Technically, the third top is supposed to reach the same level as the first two tops, which would mean the market would go up to about 17,900. The two previous tops occurred in July and November 2015. However, the W pattern has not always formed perfectly in previous crashes, so it does not necessarily have to reach that same level.

So the question is how much higher will it go? After Faith reached the top, she saw a white square showing a large uncompleted W, which she described as looking exactly like the W in my previous post minus the red fourth leg, so I have included that same chart from my post on February 17, Triple Top Reversal Could Be Forming Now. This chart is no longer up to date because the fourth leg has already climbed another 800 points higher since then, from about 16,200 to about 17,000. So it is already over half way to the previous tops.

Since Faith saw an uncompleted W after she reached the top, it sounds like we might see the market turning down prior to reaching the two previous tops.

After she reached the top, she sensed some activity, like people were preparing for something, which sounds like the rumblings preceding a sharp reversal.

More Insights:

So far, the W pattern has demonstrated amazing symmetry in the formation of the first three legs. If that trend continues, the fourth leg would reach the top approximately next Friday, March 18, or perhaps even sooner if the fourth leg remains uncompleted. Either way, it is almost finished.

Looking into life after the W, I have seen three line graphs in the past week showing what I believe are future movements of the Dow Jones Index.

• In the first graph, I saw it dropping very steeply. At the bottom of the line I saw the number 15,200.
• In the second graph, I saw a similar steep drop, but this time it was followed by a steep move back up. I could not see how high it went, but it was a huge bounce. Then it turned down and fell much lower. At the bottom of this line, off to the side in the right axis, I saw the number 11, which I assumed meant 11,000 because of where it was positioned.
• The third graph started where the market is currently. I saw it moving up at about a 45 degree angle, then leveling off a little as it reached a peak level, then falling at about a 45 degree angle, which continued for a while until it started dropping much steeper. All three graphs were line graphs, but the third one showed three different colored lines weaving in and out of each other closely together like a DNA molecule. I don’t know why it appeared that way.

I believe the correct chronological order would be 3-1-2, starting with the third graph showing where we are now. The continued move up is consistent with my interpretation of what Faith saw in her dream. After it reaches the top and begins moving back down it forms the beginning of the first graph, where it drops down to 15,200. Finally, the second graph repeats the first graph, but adds a large bounce followed by a much larger drop down. So perhaps the market will get a bounce at 11,000 before dropping any further.

Based on these graphs, I believe we are going to see continued volatility prior to the crash. The big move down and back up could take a few weeks, which could push the crash back into April or May.

A Fed meeting is scheduled for next Tuesday, March 15.

As always, this information is provided only as something to pray about and seek confirmation and direction from God. Unless He confirms it, my recommendation is to discard it and take no actions based on it.

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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