I had a dream early Friday morning July 8, which has me thinking the current upward movement in the stock market will be ending very soon. I shared my dream in a comment early Friday morning, but wanted to provide the more complete version here along with what I expect to happen next.
In this dream, I visited two butcher shops, which were owned by two brothers. Each brother owned his own shop. I went into the first brother’s shop and saw he was very busy with many customers buying his beef. I never saw his face, but he gave me a little tour of his shop and showed me a large section in his refrigerated case, which was now completely empty because it was all sold out. However, I noticed the section next to it was still filled with beef.
Next, I visited the other brother’s shop and he also gave me a tour of his shop although I never saw his face either. I saw he had also sold lots of beef, perhaps even more than his brother because his shop was now completely sold out. That was the end of the dream.
As I woke up, I thought about the dream and understood the two brothers and their two shops represented two bullish days in the equities market, which were Friday July 8 and Monday July 11. Even before seeing the jobs report, which was released at 8:30 am Friday morning, I already knew the market was going to respond favorably and it did. However, I also knew by the end of the day on Monday the upward movement would begin to fizzle out because there would be no more beef left to buy.
Just as I expected, the market moved higher on Friday as the S&P Index closed up 32.00 points. It now appears Monday will be another bullish day because futures are currently up 8.5 points.
If my interpretation is correct, the market is very close to topping, which means Monday would be a great time to take short positions. However, I am still watching for the fulfillment of another sign to show we have reached the top, which is based on a word I received back on March 31 2016, which I shared in my post God Reveals Timing of Market Top. In that post, I shared how God said to me, “The market is going to close at a new high. Then it will open the next trading day at another new high.”
The S&P closed that day at 2,059.74, which was 74.98 points below the all-time high of 2,134.72, which was reached on May 20 2015. With so far to go, it was hard for me to believe the S&P would ever break the all-time high, so I assumed He was referring to a new high for this year or this season. After all, He did not say it had to be the “all-time” high, so I dismissed that possibility and watched for the fulfillment of the other two conditions, closing at a new high and opening the next day at another new high. Those have been met at least four times since then, but we now know none of those were the top, which leaves only one possible conclusion. He must have meant exactly what He said, the “new high” will be a new all-time high. It all sounds so simple in hindsight, right?
The S&P closed Friday at 2,129.90, which means it only needs to move up 4.82 points to reach the all-time high. With futures already up 8.5 points, that appears to be well within reach.
Combining my butcher shop dream with this word, I am watching for it to close at a new high, then open higher the next day. Seeing that pattern will give me confidence we have finally reached the top.
If we don’t see that pattern on Monday and Tuesday, I believe it will happen soon because in a separate dream regarding an inverse ETF called UVXY I saw some sideways movement after the vertical movement stopped, but the length of time was not identified. So another possibility is we hang around the top for a short time before finally seeing it confirmed by closing at a new high and opening the next day at another new high.
I believe my butcher shop dream confirms my UVXY rocket ship dream because both indicate the upward movement in the equities market is almost finished, which is good news for anyone holding inverse ETF’s. Prices would never be this low again, so it would be a great time to add to those positions.
As always, these insights are offered only to provide a starting point for prayerful consideration and are not recommendations for making any investment decisions.
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.