In my November 4 podcast, I shared a few recent dreams, which I interpreted to mean the stock market is first going to move way up, then drop way down soon afterwards. I believe those two moves will be a sign the market will crash soon afterwards.
SPX already made a big move up, bouncing 212 points to 2815 on Nov 7 following the 11%, 337-point, drop from 2940 on October 3 to 2603 on October 29, but based on the dreams listed below, if I’m understanding them correctly, that was not the big move up I’m expecting:
- On October 8, I dreamed I was racing other cars on a long road going straight north. I was in first place driving as fast as the car would go, but there was a very powerful silver Mercedes Benz trying to pass me. He took the lead at one point, but I was racing to get back into the lead and I think I did eventually.
- On November 6, I saw a vision of a vertical blue line and I knew it represented SPX moving straight up so high it scared me because it looked like it might not come back down.
- On November 6, I had a short vision where I was with a lot of other people standing on a ride at an indoor carnival. I did not see the whole structure we were standing on, but it seemed to be round with a bar that went around it to hold us in and keep us from falling off. It was just starting to lift off the ground and I knew it was going to take us straight up very high. As it lifted off, I looked down and saw Jesus looking up at us and smiling.
I don’t think the move up to 2815 fulfilled those requirements because it was not straight up, did not move fast enough, did not have a carnival feel to it, and did not go up so high it scared me, so I think it’s still ahead of us and very soon.
Before the steep move up, I am expecting SPX to drop a little lower than where it closed today because of a vision I saw on November 7, which appears to be happening now. In the vision, I saw a chart showing SPX forming a rounded top and slowly turning down. Then the drop got steeper near the bottom. At the bottom, it turned up steep, but the chart ended, so it did not show how far up it went. The 5-hour moving average on the 30-minute chart most closely resembles what I saw, as shown on the right side in the image below for November 7-12.
On the left side is a rough sketch of what I saw. On the right side is the actual price history since November 7. These are not on the same scale, so the prices shown on the right axis don’t apply to the rough sketch. The key point is it was steeper near the bottom, which has not happened yet, so I am expecting to see that soon.
I listed the dates as Nov 7-? because the chart did not include any dates, so I don’t know when it completes, but it seems likely to be in the next couple of days.
Today, SPX dropped 54.79 points, closing at 2726. Based on Fibonacci patterns, a drop down to 2709 would be a 50% retrace of the recent 212-point move up. A drop to 2684 would be a 61.8% retrace and a drop to 2649 would be a 78.6% retrace, so those are possible targets. I am currently leaning toward 2684, but not ruling out the possibility of 2649.
Also mentioned in my November 4 podcast was the green 166 I saw on October 18. In the past, when I’ve seen red or green numbers, they have been fulfilled in intraday prices compared to the previous day’s closing price. So I am watching for a huge move up, 166-points in one day, but was not shown any dates. The lower SPX drops this week, the more likely it is to get a one-day rally up 166 points. Another possibility is during the green 166 happens during the bounce after the market finally hits bottom in the upcoming crash.
Also shared in my recent podcast was a dream received by Karissa Washburn in 2012 regarding a major crisis during the Thanksgiving holiday season. I shared it because of the possibility it could be fulfilled this year, but that now seems unlikely because the stock market has not topped yet and appears likely to reach the top around Thanksgiving, which would not be possible if there was a major crisis happening. I think the events she saw will happen in a future year, but not this year.
Economist Martin Armstrong is confirming the possibility of the stock market topping around Thanksgiving. His Pi Model forecast shows the market turning exactly on November 22, Thanksgiving Day. (Source: armstrongeconomics.com) So if we get a big rally later this week, it could carry over into next week and reach the top by Wednesday, November 21. In my opinion, this scenario seems most likely.
Also shared in my podcast was the possibility of a military event triggering the drop in the stock market. The location of the event was not revealed, but one area I’ve been watching is the Middle East. Specifically, I’ve been watching the conflict between Israel and Hamas in Gaza because of a prophetic warning shared by Henry Gruver that when Israel sends troops into Gaza, it will mark the start of the Middle East War. In the past 24 hours, the conflict has escalated dramatically with over 300 rockets launched from Gaza into Israel. The Israelis are countering with air strikes in Gaza. So a Middle East War seems like a very real possibility.
Historically, after the secondary top is reached, market crashes have reached the bottom within about 10 to 15 trading days. So if it reaches the top around Thanksgiving, it should start dropping before the end of November and reach the bottom by mid-December.
The day after Thanksgiving is known as Black Friday, the biggest shopping day of the year. In past years, Black Friday has kicked off the Christmas shopping season, but if my forecast is correct, the shopping season might get cut short this year.
Prophetic insights reveal partial information, such as prices without dates or graphs without prices or dates, so this is not a recommendation for investing.
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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Thanks for sharing Paul. It reminds me of the dreams received by Dr. Norman DeCosta regarding disruptions in fuel supplies.
60 day wait ( at least) from 10/7 is almost up. What a glorious December/January
Shalom
P- can you elaborate? My cycle guy sees us rallying till November 21st (S&P), and then new lows going into December.
Dear James Bailey, you wrote:
“Also shared in my recent podcast was a dream received by Karissa Washburn in 2012 regarding a major crisis during the Thanksgiving holiday season. I shared it because of the possibility it could be fulfilled this year, but that now seems unlikely because the stock market has not topped yet and appears likely to reach the top around Thanksgiving, which would not be possible if there was a major crisis happening.”
Thanksgiving holiday season, does not just mean Thanksgiving Day, but it might also represent one or two weeks AFTER Thanksgiving.
We just saw tanks and armored vehicles coming by truck, stationed sporadically through the state, a convoy seen setting up today in a lot and we’re over an hour from any big city.. I think it’s the long awaited marshall law 57k indictment takedown, at the same time possibly deporting these illegals for repeatedly voting which is written all over resident/ alien visa papers to be a serious, deportable fed crime. Apparently this last election was a massive sting op where agents infiltrated groups responsible which will legitimize the anticipated red tsunami. I had my doubts till i read papers, ignoring distraction news. Historically Thanksgiving is best day for this sorta thing per ClA in their marshall law plan, similar to obama planned where he actually filed for reeducation camps in his submitted plans with the 3 letter agencies (walmarts people learned, turned out to be true). It sems something is coming soon
I think the stock market crash is already here and we continue to keep goin down. This should bring the crypto market down to its bottom before the big rebound of bitcoin prices We are expecting.
Martin Armstrong.
The Economic Confidence Model has a turning point here this November 24/25. That can produce the temporary high. The next one November 21, 2018, is the one that tends to produce the major events that are often political in nature. For example, on the 1998 wave, we saw the Long Term Capital Management collapse as a result of the Russian collapse. Then the Pi Turning point produced the 911 attack on the World Trade Center to the day.
For the chart and further details.
https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/the-ecm-turning-point-here-in-november/
Joe, Armstrong shows the next stock market bottom for January 18, 2019, which fits the idea that the second wave for BTC and LTC will occur at end of this year, or into next, with the altcoins’ peak (like RDD) several days later, like what happened during last December to January. Money from cryptos would then flow back to the stock market as it rises post Jan. 18.
We are also looking for the third of four interpretations of Christine Beadsworth’s dream of the RDD baby in her arms with the message of “a year and ten days” which is January 23, 2019.
Error: Armstrong’s stock market bottom is for January 18, 2020.
Hi Joe, It looks like to me that the temporary high you refer to in Martin’s chart is for the year 2017. The turning point for 2018 is Nov 21 and it is political in nature. Let us seriously pray it is not impeachment
Yes Mike. The answer was given in 2017. Political nature is one of the many probabilities which Marty himself is not sure of. Jeff Byrely is talking of a kick off event [no date given]. But what is sure, is a major turning on 21st.
Thanks Joe. His stuff is truly amazing.
Hi James.
I have mentioned this guy a couple of years ago and I want to mention him again. Alex Vieira is a billionaire and he may be the best trader in the world. Subscriptions to his services can cost tens of thousands and even hundreds of thousands of dollars per year. George Soros is one of his clients. He is not a Christian and uses a lot of profanity on his videos. He often makes very insulting remarks about Americans. Nevertheless, his accuracy has been uncanny. He had his clients out of the long side of the markets at the top this year. They have been shorting the markets since that time. He often releases to the public his forecasts weeks after he gives them to his private clients. (see his YouTube videos) He has said unequivocally that a stock market crash is coming this year. I mention this only as a confirmation of what you and other prophets have seen. I am not recommending that anyone on this forum use his services.
https://www.youtube.com/user/BeyondTradingCorp/videos
https://autonomoustrading.io
Interesting
Thanks for sharing. I never heard of him before, but always interested when someone is getting it right.
I read something Martin Armstrong put out earlier this year where he felt the DJI would go to 30k – 40 k.
Almost one fifth the way to that 166
Thanks for the update. I am expecting a move up, but not a green 166 until after the market hits bottom.
Hi James, It feels like we are slipping down the pole slowly? Can you share your thoughts on where you think we are? I am a little behind on the second
bottom of the W. Is the big drop after it bounces at approximately 2450 ?
Thanks James for your insights. GB!
I am expecting more upward movement before we get another big move down based on a dream yesterday where I saw SPX moving up 116 points. I was not shown when or from what level it starts. If the starting point is Friday’s closing price at 2632 then the top of this move would get to 2748, but that is based on assumptions. It has run into resistance in that same area several times this month so I think it will get stopped there again, but the size of the drop is not clear to me yet. I have had a couple of dreams I interpreted as the next drop being around 250 to 266 points with a fast retrace back up about 40 to 50 points, but for now I am inclined to think that drop starts from a higher level.
James, do you think that Brexit vote in UK will have something to do with the market plunge?
The general idea is that the next plunge is caused by a sudden “war” event.
UK parliament is set to vote on Brexit deal on Dec 11.
I remember that OPEC has another meeting on Dec 6 after the G20 meeting on Nov 30 – Dec 1
This is all just GUESSWORK, because Brexit might have nothing to do with market plunge, (but it might be a catalyst, or a GO AHEAD sign for the elite to cause war or to crash the markets) but it might affect precious metals.
My trading strategy is based on trying to understand the technical cycles and prophetic insights, which is plenty. I agree with Charles Nenner’s perspective, the news will show up when it’s supposed to and it will cause the markets to do what the cycles say it should do, so we don’t need to try to predict where when or how events will unfold.
I would like to add to watch for the dead cat bounce zone [the 50% line] first: SPX 2723.
So then here is my question as I would like to move the savings I have been waiting to invest somewhere quickly:
Gold, Silver, Bitcoin, or other crypto?
Please and thank-you from a single mom seeking to prepare and provide for my son.
Not investment advice but if the stock market really goes down hard in the next couple of weeks I plan to be back in. I sold my IRAs to cash a couple months back and plan to put them back into the market in December. If the market starts rising again I believe Gold and silver could hit new lows. So I personally think next year is the year to buy metals.
Just my thoughts- could be wrong.
My crypto tracker app shows a 24 hour move of 911.33 usd and a volume of 17756 (1775-6?)
James,
One explanation for green 166: it could be the news come out that US and China successfully seal an agreement leading to the ending of trade war. There is news that next few days China’s vice premier Liu He is coming to US for the negotiations with US counterparts to pave the way for the meeting of US president and China president at G20 at the end of November. Don’t know on which date Liu He will come to US. It should be worthwhile to keep alert on that day Liu He will meet US counterparts. On Chinese side, I think they have to provide some kind of agreement in order to stop DT to impose further tariffs on further $267 billion goods imported to US. Those few days of negotiations maybe the day of green 166 spiking.
G20 meeting = 30 November – 1 December 2018
https://en.wikipedia.org/wiki/2018_G20_Buenos_Aires_summit
CF,
Do you have any memory of prophetic words about the oil? I just found some Jan call option for oils is very cheap. Have bought some already. Thinking to buy more if the prophetic words agree with it.
ScottyAUS previously saw 55, 88, which he interpreted as future Oil prices. You know that Oil recently hit $55.
Carolanne saw Oil at $55 – $57, with more focus on $55.
I am so scared of trading Oil, because of its mad fluctuations everyday.
Please also study this link, where i posted links from Z3 member Psalm 83:18. It makes reference to Oil, equities and metals.
https://z3news.com/w/all-reddcoin-waiting-orders-stolen/#comment-151368
william and CF, the only thing left for Tera’s dream fulfillment is oil price to go up.
https://z3news.com/w/price-targets-revealed-reddcoin/#comment-149807
Thank CF and Marcio. On last Wednesday, when S&P dropped down to 2690, I closed all the short positions. Then look around what call option I can buy. By chance, I look into Apple ( APPL ) and Facebook call option. Currently Nasdaq is 7259.
Remember Phanuel saw ” some index drop 1000 points to 6900 ” ? Suppose it is Nasdaq. Then it means it still needs to rise up 641 points to get to 7900. So I spent a few hundred dollars and bought some Apple and Facebook Dec call option . Expecting it to become 10-100 fold.
William, I am not into the stock market, but it does look like the final leg up of a “W” top is coming.
I just share it for anyone who could be interested to look into Apple and Facebook price. They all come down to their temporary low points. Plan to close the call option when Nasdaq is approaching 7900 and open the put option, if everything go well. It could be a very amazing ride. Boeing is another choice. Its share price could go quite high if US and China resolve their trade disputes. Boeing’s price is down because recently its plane went down in Indonesia.
When Nasdaq approaching 7900, I would think the gold price should be down . It could be a right moment to move into call option for gold when Nasdaq approaching 7900.