We are privileged to live during these days when many Bible prophecies are being fulfilled. Previous generations longed to see these things, but it was not for their time. As these events unfold, it will be the best of times and worst of times at the same time, forever transforming life as we have known it.
God has already sent forth many messengers with warnings of trouble ahead, but the calls have been mostly ignored and even ridiculed because multitudes are in a deep spiritual sleep, unable to hear the call, so God, in His great mercy, is now sending a much louder wake-up call in the form of a great shaking that will ultimately shake everything that can be shaken. To those who are still sleeping, it will appear to be the worst of times as they will be perplexed and confused by the events unfolding around them, but to the remnant, it will be the best of times because we will see God’s faithfulness revealed as His mighty hand performs great signs and wonders. (Isaiah 60)
What’s coming will be a repeat performance of what happened long ago when a righteous remnant of the Israelites passed through the wilderness to take possession of the Promised Land. Many perished along the way because of their unbelief, but the surviving remnant held fast to God’s promises and took the land by faith. In the same way, a righteous remnant in our generation has endured a long season in the wilderness, but they are now arising to take possession of the Promised Land where they will soon begin their new assignments as laborers during the greatest harvest season of all time as the Lord of the Harvest draws multitudes into His Kingdom. (Isaiah 60:1-5, Amos 9:13-15, Zechariah 2:10-12, Matthew 13:24-30, Mark 16:15-18, John 12:32-33, Acts 1:7-8)
It Has Already Started:
We are already seeing evidence that these things have started, as shown by the 20% drop in the S&P stock market since it made a new all-time high on February 19. I believe this is the start of the fulfillment of a dream God gave me last year showing sudden destruction coming during a time of great strength, illustrated in the dream by the Hebrew word gibbor, which means mighty and strong, but suddenly the b’s changed to 6’s as gibbor changed to gi66or. For more details, see my post published on September 22, 2019, Prophetic Dream Reveals Sudden Destruction Coming Upon Global Financial Markets.
My wife and I go to Costco every week to buy our groceries, but things were different there this past Friday. First, we noticed the product demos, which are normally positioned all throughout the store, were eerily absent. Then we noticed many of the shelves were empty, especially toilet paper, paper towels, and antiseptic solutions. We saw signs posted to limit purchase quantities of these items. While we were watching, another pallet of paper towels was brought out from the back warehouse, but by the time it reached its’ designated location, customers had already taken all but a few rolls and those also disappeared fast. Then we overhead an outspoken Costco employee complaining about customers hoarding items due to over-reacting to warnings from the Center for Disease Control regarding the threat of being quarantined in their homes by the coronavirus. He was right about over reacting because that’s what we all tend to do when we’re afraid, but based on recent warnings I’ve received in dreams and visions, I believe this is only the beginning of far greater trouble ahead.
I believe God put it on my heart to send out this warning because many of His people are not aware of what’s coming. For example, a Christian friend of mine bought stocks last week, thinking he was getting bargain prices, not realizing he could have bought them for a much lower price if he had waited a little while longer.
Another example showing trouble has arrived is the recent outbreak of the coronavirus. As Rachel Baxter shared in her post a few days ago, it’s arrival fulfilled the prophetic warning she received in 2017 to the very day, a famine beginning on January 16. (see Rachel’s post)
It has only taken a few weeks for it to spread throughout the world, killing many people and causing severe disruptions in China, India, and other nations, shutting down factory production and financial markets. The impact of those disruptions is just starting to be felt in the United States, but it’s only a matter of time before we see more severe disruptions.
Americans today are more dependent than ever on other nations, especially China, due to decades of transferring our manufacturing jobs overseas, making us more vulnerable than ever to shortages of basic necessities. Even many items still made in the USA rely on parts made in China. Major retail stores, like Walmart and Target, rely on sales of many products made in China, which will soon be unavailable because, according to some reports, the final cargo shipments from China arrived in U.S. ports on March 6. The best case scenario for the arrival of the next shipments is October 2020, seven months from now, but that assumes Chinese factories immediately resume full scale production, which is very unlikely. A more realistic estimate is mid-2021.
Katherine Hepburn Dream:
In a dream on August 17, 2019, I was watching an old black and white movie on a very old model television. It reminded me of the first televisions ever made. The movie showed a man on water skis carrying a woman as they were being pulled fast by a speed boat from left to right. My view was zoomed in on them so I never saw the boat. They were doing acrobatic tricks as the woman was being lifted and twirled around the man. As they were doing that, they counted out loud, “1, 2, 3, 4, 5, 6, 7, 8”.
Then the scene changed and the same man and woman were on a sandy hill overlooking the ocean. The man was laying on a towel and the woman was standing next to him a little to the right from my perspective as I was standing between them and the water. Then I recognized the woman was Kathrine Hepburn and she was young, like in her early 20’s. She was in her prime and very beautiful. The man was looking up at her as she was laughing and very happy.
Then she took off running fast down the hill towards the water. I ran after her and caught up with her just as she reached the edge of the water. Then we hugged tightly and both fell down to the ground with her landing on top of me because we were still holding onto each other. I looked over her left shoulder and noticed the two sides of her bottom. End of dream.
Dream Interpretation:
Watching an old black and white movie on an old model television represents a repeat of something that happened long ago. The man and woman represent market traders. Men are dream symbols for buyers so they represent bullish moves in prices, which are traded with long positions, because men are taller than women. Women represent bearish moves, traded with short positions, because women are typically shorter than men.
Navigating over water without getting wet, as they were doing on ski’s, is a common dream symbol representing successfully trading a drop in the markets. Moving from left to right, also represents a drop in the markets because price lines on charts move to the right when they drop, and they were moving fast. Their acrobatic moves showed big price movements up and down, increased volatility. They counted their moves out loud showing 8 major moves in prices in a market crash that will resemble a previous crash long ago.
In the next scene, I recognized the woman was Katherine Hepburn. She looked like she was in her early 20’s. I looked it up and found she was born May 12 1907, so at the time of the Oct 1929 crash, she was 22 years old, which is exactly how old she looked in the dream. I believe her age is a clue revealing God’s plans for these events, as explained later in this article.
Her smiling and laughing at the beach represents the joy felt by sellers as prices drop fast. Her running fast down the hill to the water represents the biggest move of the crash, which typically happens near the end as the market enters a short period of panic selling, so the first 8 moves were just setting the stage for the larger drops to come.
When we reached the water, we embraced and fell to the ground, representing another drop down to a lower low following the first big drop. This was confirmed by the final scene as the dream ended where I noticed the two sides of her bottom. I believe this symbolized a double bottom as the market bounces after reaching the first bottom and then drops to a lower bottom. So the second scene of the dream includes three big moves, starting with a big drop, then bouncing back up and then dropping even lower. Adding the first 8 moves with the final 3 makes a total of 11.
The day after I received this dream, I felt impressed to study the 1929 market crash, so I spent the whole day studying it and have continued studying it since then. Amazingly, I found 8 major moves happened in the first part of the crash, including three very fast moves that only took one trading day to complete. Then came another three moves that were much larger than all the previous moves, making a total of 11. Since I had not known this prior to the dream, I believe it was a great confirmation of what I saw.
My interpretation of this dream is that God is revealing we are about to see a repeat of the 1929 market crash. Since He called my attention to 8 moves prior to the panic selling followed by 3 moves during the panic selling, it implies this crash will repeat the same number of moves, but we’ll have to wait and see if that’s the right interpretation.
The Greater One is With Us:
God often gets blamed for all the trouble, but He is not the culprit. If He had His way, all the blessings of heaven would be manifesting on earth, but His will is not always done on earth as it is in heaven, so we are all suffering the consequences. (Matthew 6:10) Instead, all this trouble is being caused by evil people advancing their evil schemes to enrich and empower themselves at the expense of everyone else. Filled with the spirit of antichrist, they’re doing what they’ve always done and will continue to do until the end, going forth conquering by starting wars, spreading lies, committing murders, and manipulating markets. (Revelation 6:1-2) They cause market crashes to transfer the wealth of hard working citizens into their own accounts. Then they buy up stocks at bargain prices to gain increased control over corporations.
Despite their evil schemes, God’s plans are not being derailed or delayed. What our adversary has planned for our harm, God is turning around for our good, showing once again He is far bigger than Satan’s schemes.
Two Clues:
In addition to the Katherine Hepburn dream, I received two other prophetic insights last year that I have only recently begun to understand. The first came on January 28, 2019, when I saw a red 1665. At the time, I had no idea what it meant, but a few days ago during my prayer time, I believe God showed me it was red because it was showing the size of the drop in the markets, specifically 1665 S&P points. He shows me S&P numbers because it’s the only market I’ve been trading in the past few years.
Amazingly, a drop of 1665 points from the February 19 top at 3393.52 would be exactly 49%, which is the same percentage drop as the 1929 crash! Had I known the meaning sooner, I could have accurately predicted the top by dividing 1665 by the exact percentage drop in 1929, which was .4912 to get 3390, which is just 3.52 points from the actual February 19 top, 3393.52.
Another amazing thing about the red 1665 is by subtracting it from the 3393.52 top, it puts the bottom at 1728.52 S&P points, which is the exact level identified by one of the most commonly used technical analysis tools used by traders to forecast price movements, called a Trend Based Fibonacci Extension. By entering the actual historical prices from the recent tops and bottoms, as listed below, this tool is projecting a drop to 1729.07 at the 2.618 Fibonacci level, which is less than 1 point from 1728.52. Of course, I had no way of knowing that back in January 2019.
• February 19 top at 3393.52
• February 28 bottom at 2855.84
• March 3 top at 3136.72
On September 8, 2019, I received a second clue revealing another 49. In the dream, I saw the date, April 29. That was the whole dream. Like the red 1665, I had no idea what it meant, but I recently discovered April 29 is 49 trading days from the February 19 top, which is exactly the same number of trading days from top to bottom in the 1929 crash.
Prior to the 1929 crash, markets had rallied throughout the roaring twenties to an all-time high, but when the destruction came upon them, it only took 49 trading days for mighty Wall Street to drop 49%, and the impact of that brief period was felt for many years. Could it be that God is going to orchestrate these events in such detail that this crash will repeat the 1929 crash by also dropping 49% in 49 trading days? The odds of that happening once are remote, but twice is impossible without God.
He did not specifically tell me those numbers would be repeated, so I can only speculate at this time, but I am sharing this because I was amazed by how they seem to be pointing to that conclusion. Another possibility is He is calling our attention to those numbers because they were part of the 1929 crash and have significance for the new season ahead, as explained below. Either way, I believe God is revealing He has good things in store for us as we are entering a new season ahead.
Interpreting the Numbers:
The number 49 has great prophetic significance because it equals 7 times 7, which equates to a week of weeks, which is exactly the number of years God designated as one Jubilee period, which is a time when debts are forgiven and acts of oppression against God’s people are stopped. (Leviticus 25:1-22) I believe God is calling our attention to 49 because we are now entering a condensed Jubilee period in which He is wiping away the debts of His people and bringing an end to the season of oppression we have endured.
The instructions for observing the Jubilee were first given to the Israelites by Moses as they were about to enter the Promised Land. (Leviticus 25:1-2) And it was during the Passover that they crossed the Jordan River to enter the land.
This year, Passover occurs from April 8-16, based on the Hebrew calendar dates, Nisan 14-22. Based on the 49 trading day countdown, Passover aligns with trading days 35-40 from the February 19 top.
The Promised Land is described as a place of sweet provision, a land flowing with milk and honey. (Exodus 3:8) Passing over the Jordan River during Passover marked the end of their long season of bondage in Egypt where they were ruled over by hard taskmasters and being severely tested in the wilderness. In their new season, the tables were turned as God put the fear of them upon all the inhabitants of the land, as He said to Joshua, “This day I have rolled away the reproach of Egypt from you.” (Joshua 5:9)
So it was, when all the kings of the Amorites who were on the west side of the Jordan, and all the kings of the Canaanites who were by the sea, heard that the Lord had dried up the waters of the Jordan from before the children of Israel until we had crossed over, that their heart melted; and there was no spirit in them any longer because of the children of Israel. (Joshua 5:1 NKJV)
Like the Israelites, many of God’s people today have endured a long season of bondage, especially bondage to debt, including credit cards, mortgages, college loan and auto loans. Debts have reached record levels in recent years, requiring us to spend our hard earned money to pay interest and fees to our lenders, making us a slave because the borrower is always the servant to the lender. (Proverbs 22:7)
As explained in more detail below, I believe God is highlighting the two 49’s in the 1929 crash specifically at this time because we are now approaching Passover and this year it will have great significance, once again marking the end of one season and start of a new season in which a righteous remnant in our generation finally crosses over to the other side and takes possession of the Promised Land. This was the topic of my book, Remnant, The Righteous Remnant Now Arises.
But the Israelites didn’t just enter the land to pass through it. They came to take possession by force. Even as they were crossing the Jordan River, 40,000 of them were already armed for battle with their sights set on the plains of Jericho. (Joshua 4:12-13) That’s where they celebrated the Passover on the 14th day of Nisan, which aligns this year with Monday, April 8. (Joshua 5:10) And the next day, they ate the first fruits of the land. (Joshua 5:11) And the day after that, the manna from heaven stopped falling because they ate the food of the Promised Land from that day on. (Joshua 5:12)
At that time, Joshua encountered the Captain of the Army of the Lord and received instructions for taking Jericho. (Joshua 5:13-15) As shown in the scripture passage below, His instructions reveal the significance of the double 49’s, because on the 7th day, they were instructed to march around the walls of the city 7 times, marking the first 49 (7 x 7), and while they were doing that, 7 priests were instructed to blow 7 trumpets, marking the second 49.
2 And the Lord said to Joshua, “See! I have given Jericho into your hand, its’ king, and the mighty men of valor.
3 You shall march around the city, all you men of war; you shall go all around the city once. This you shall do six days.
4 And seven priests shall bear seven trumpets of rams’ horns before the ark. But the seventh day you shall march around the city seven times, and the priests shall blow the trumpets.
5 It shall come to pass, when they make a long blast with the ram’s horn, and when you hear the sound of the trumpet, that all the people shall shout with a great shout; then the wall of the city will fall down flat. And the people shall go up every man straight before him.” (Joshua 6:2-5 NKJV)
Simply by following the Lord’s instructions by faith, the walls of mighty Jericho came crashing down. And the battle was marked by double 49’s, just like the 1929 crash. The number seven has great significance because it represents completion, the end of one season and start of a new one, and a new level of maturity among those who passed the tests in the wilderness, but I believe the sevens are just the first of two important messages God is revealing.
The Power of Two:
It took more than a single seven to bring down the walls of Jericho. It took two sevens working together plus another two working together. The power of the sevens were multiplied when they came together in agreement to produce a far more powerful result than just one working alone, so it produced more than enough power to bring down the walls of Jericho.
In the same way, one righteous person attaining a new level of maturity is powerful all by itself, but the impact is multiplied when two come together in agreement. One can put a thousand to flight, but two can put ten thousand to flight. (Deuteronomy 32:30)
The number two was also revealed in my Katherine Hepburn dream. Not only was she 22 years old, but the dream showed a repeat of a crash that had 11 moves. If this crash repeats those moves like my dream seemed to indicate, it would make two 11’s added together, making another 22.
God did not design us to live alone, but to be joined together in unity, as illustrated by His creation of Adam and Eve, rather than just Adam all alone. He designed the two to become one flesh by the joining together of a man and woman in marriage. (Matthew 19:4-6 NKJV)
I believe God is emphasizing the number two because we are now entering a season of greater unity among His people than we have ever had before, marching in perfect step with one another as a mighty army, with our eyes fixed on taking possession of all His promises to the righteous.
I saw this in the second of two dreams God gave me in December 2015, which were the basis for writing my book, which includes a whole chapter devoted to unity. I saw two columns of young people, marching in perfect step across a dock as they were boarding a yellow submarine. I believe they were the young people of our generation who are now arising to fulfill what the prophet Joel saw. (Joel 2:7-11) And I saw the older people were helping to mentor them so they could run faster than any generation before them.
As part of my research for writing it, I studied the scriptures to find all His promises for which righteousness is the only requirement. Amazingly, I found exactly 222 promises, which I believe is another confirmation of the significance of unity in this new season. And my book was completed in 2 parts with a total of 22 chapters.
And I was in awe when I counted the days to discover the two days I received the two clues regarding the two 49’s were separated by exactly 222 days. So I then checked the date when I received the Katherine Hepburn dream and found it was exactly 22 days before I received the second clue revealing the date, April 29.
Through these numbers, I believe God is showing that He is in control of what’s coming, far more in control than we even realize. He is so far ahead of the evil one, He is even using his schemes to accomplish His plans and purposes, making His name known to all the world. Just as Joshua told the Israelites, these things are happening “that all the peoples of the earth may know the hand of the Lord, that it is mighty, that you may fear the Lord your God forever.” (Joshua 4:24 NKJV)
Preparation:
As the Day of the Lord’s return draws closer, unprecedented trouble is coming. (Daniel 12:1, Matthew 24:21) These things happening now are just the beginning of a long series of events that will continue for many years, ultimately escalating so much, men’s hearts will fail due to being gripped with fear. (Luke 21:26) But we have good news because the righteous have nothing to fear when trouble comes because God reveals these things ahead of time so we can prepare and we have His promise to be with us through it all. (Psalm 23)
I don’t expect this market crash to cause the financial system to collapse, but it might look like it for a brief time. I believe we are still years away from another crash that will cause the financial system to collapse, but this crash might cause some temporary disruptions in our financial markets and might temporarily limit our access to banks and cash. These are just my own thoughts based on what has happened during previous market crashes. Hopefully those disruptions will not happen this time.
I believe one of the best things we can do to prepare ourselves is by taking our eyes off the big price movements in the markets and all the news about the coronavirus and all sorts of other trouble. Focusing on those things robs us of our faith and opens the door for fear to come. We make bad decisions when we’re in fear because it’s the opposite of faith. A far better strategy is keeping our eyes focused on what God has spoken in His word and in personal revelations He has given each of us. Just like He told Joshua:
8 This Book of the Law shall not depart from your mouth, but you shall meditate in it day and night, that you may observe to do according to all that is written in it. For then you will make your way prosperous, and then you will have good success.
9 Have I not commanded you? Be strong and of good courage; do not be afraid, nor be dismayed, for the Lord your God is with you wherever you go.” (Joshua 1:8-9 NKJV)
I believe many people will be seeking answers during the days ahead, giving us opportunities to share the good news of Jesus Christ with them. By keeping our focus on God and His word, we will be ready to make the most of every opportunity. Beyond that, I believe it would be wise to stock up on some essential items such as gasoline, propane, rice, water, cash and batteries, but again, those are just my own ideas, so it might not even be necessary.
As I stated above, I believe we are already seeing the start of these events, so time is short. I encourage you to share this warning with your friends and family on social media sites, emails and whatever means available.
May the Lord bless you and your family with His protection and provision in the days ahead.
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.
I had a strange dream about a beach last night that I thought might be a market dream – I wasn’t sure where to share it so I’m posting it here. I saw thousands (or more) of asian women running down a beach towards the ocean. Some were young and healthy, some were old, some were injured; but they were all asian women. The beach was littered with millions of white tennis shoes – presumably kicked off by the women as they ran. I turned to see what they were running from and I saw a stampede behind them on a sandy hill, of what or who I could not be sure, but it was coming fast. I thought the women were trying to get to boats out in the water but when I looked I saw what looked like an absurdly enormous vacuum on the shore sucking up everyone as they reached the water. Nearly everyone was in its path and no one could escape it.
Wow, what an interesting dream Heather. It does seem to have some market symbols since women, large bodies of water and running downhill all represent prices dropping. White is a common symbol for silver, but the Asian reference and the tennis shoes don’t seem to fit silver, so it’s unclear to me if it is market related or something else.
Speculation: when the market drops to around 2180 and then it start to turn up, that should be the date that the daily number of the new confirmed cases of the corona virus patients in US start to decrease — meaning the peak for the newly found virus patients is over. When that happens, the rise of stock market can be very speedy.
I had a fleeting dream of SPX or DOW chart, showing a red climb down to.a double bottom. The candles on the bottom were all red. There appeared to be no green days in between the red-the floor was all red. Off to the right, in the future, , it was green green green and a hill, with no red days in between. It was such a quick flash I wished I could have taken a screen shot. It showed a macro perspective going back to Feb 21, the start of this sell off. I’m praying for dreams that are more vivid, but it was definitely a “see in part” dream because it was gone in a flash. I think beyond the hill is another downtrend. Because it was such a short lived, vision, take this to the LORD in prayer and add to your own revelations or TA.
Thanks for sharing this Carolanne. That’s the scenario I want to see so it’s encouraging news. I want to see it take out this morning’s low at 2520 within the next hour to confirm lower lows ahead.
Did that happen,James? I don’t think it’’s going to move down as quickly as the last two green days, but I feel like it could drag down in sync with the timing of how long Congress drags its feet with the stimulus bill.
It did not take out this morning’s low yet, but a drop still looks possible for next week. An analyst I follow stated today it was looking like a sideways bear flag on the one-hour chart, which is a bearish indicator.
Thanks, James. Oil futures are down. The stimulus bill on POTUS’ desk didn’t move the market. Short term, it points downward is my guess.
James, I’m thinking your 8 moves dream and the skinny V dream have not fulfilled yet. So the big move down shouldn’t occur too soon. Do you agree?
I’m expecting one more straight drop to complete the first crash, which would be the 5th move in my Katherine Hepburn dream. Then comes a big rally that goes up, then drops part way back down, then continues the rest of the way up, which would be moves 6, 7 and 8. So those moves will take some time before the next crash begins, but I can only speculate about timing.
After the first scene which showed the 8 moves, the scene changed and I was standing near her at the top of a tall hill overlooking the ocean when she suddenly took off running straight down to the water. Standing at the top of the hill confirms the 8 moves end at a high place, which makes sense because 8 is an even number. It also confirms the skinny V which had big red candlesticks off to the right side and much lower than the bottom of the V. In 2016, I saw a chart showing the Dow dropping into the 11,000-12,000 range, so maybe the bottom will be around that level.
Mars transits over saturn in capricorn at the exact degree next week, mars and
Saturn are considered bitter enemies, we will be hearing many bad news next week. God bless!
It’d be interesting to watch what would trigger the big rally.
Many Thanks James,
I thought the corrective wave up had already started but appears to be wrong assessment now. Praise God, I still made a few bucks. I’ll now wait until the double bottom and watch carefully for the start of an upward move before entering. I have learnt the hard way that patience is critical for success. God bless you all. Please don’t forget to hold a parcel of ETN and RDD. I remain confident these will come good even if I need to wait another 2 years.
Sincere thanks Carolanne
I was long on sp500 and thought this run up would last till Monday/ Tuesday but have now added index shorts to protect my position. the ASX200 index was especially BAD. FRIDAYS RED CANDLE has wiped out thursday and wednesday gains. the SP500 bear candle was not so bad BUT WEEKENDS INDEXES can be nasty, regards Phil
Greetings, Phil Sydney. Yes. It’s scary holding any positions on the weekends. As always, it’s nice to get a jump on futures via your updates. God bless. Praying for Australia, just feeling that in my spirit.
In a dream today, I was telling someone that as per James the market would hit double bottom around 2180 and will bounce back up to 3100 atleast from there, but then that someone pulled up a Bloomberg 1929 chart which had a marker ‘your are here’ and it looked like this was the final bounce and there was a huge drop after that, On the axis at the bottom, I saw that the drop was around October and November and then there was a bounce in to December with so many up and down waves which retraced back up atleast 75%.
Also, in the dream I saw James sharing various prophetic warnings on why he thinks crypto will crash along with the market.
My interpretation is that this is the final bounce, and we will be heading for a crash soon. Please pray to lord on this. God bless.
Also it was 75% retracement of the drop, not as a whole.
Jenkins
In your interpretation, do you mean the market IS in the process of bouncing back up to 3100. There is no more going down to 2180 then back up to 3100?
Jenkins,
You said ” On the axis at the bottom, I saw that the drop was around October and November and then there was a bounce in to December with so many up and down waves which retraced back up atleast 75%. “. Do you mean that the BOTTOM of drop ( from 3100 ) was around October and November?
Hi William, take it as a grain of salt, because it completely contradicts with 3135 SPX that I saw. I’d still stick to james understanding of bouncing back from 2180 because he interprets and understands lords visions much better than I do. I’ve been doing a lot of charts daily so, my mind also might be reflecting it back in dreams. Sometimes, it is really hard to say what your mind is making up and what lord is showing you.
Jenkins,
I only ask about your interpretation. What I understand what you said is correct or not.
James also have a warning dream that put option become worthless— your interpretation actually confirms this dream.
Jenkins,
I change the way I am thinking. I am thinking in the way of upside and downside. From current level 2535 to 3100, there is 565 points. From 2535 to 2180, there is 355 points. The benefit of going long is higher than going short. So I go long now. I try to preserve some fund to catch the big drop. The manipulators with massive amounts of capital, they can indeed decide which way to go in most of cases.
Jenkins around when you saw “you are here” did you see how much room there was to go up?
Did it look like it could go up an equivalent percentage to 3.1k? Thank you very much for sharing!
James, Jenkins and friends at Z3News,
Last night I was asking the Lord about the market today and next week and the absolute bottom of the whole second bottom thing and all I heard was “50% retracement”. Please share your insights since I am not 100% sure of its meaning.
David
Also two days ago I heard “10% drop” then same day Wed it dropped about 5% during the day and ended up 4.4% down only. Yesterday was up so if the 10% down means by end of day today then today will end up at 2320 level, or 8% drop/200 points from yesterday close. This is just food for thoughts of course.
David Xi
Hi David, James believes 2150 is on cards so I’m waiting for it, It should coincide with the peak and decline in coronavirus cases for a huge rally, because me and others saw SPX around 3100. Since James saw a big red border on April 29th the drop should be faster. I’m hoping to see SPX 2150 at the beginning of next week, followed by a huge rally mid of the month, then a big drop by end of the month.
In your dream if we are expecting 50% retracement on the upside, that should be around 2780
Jenkins,
Thanks for sharing, Could you share where James mentioned 2150 and big red border on April 29? I have not seen in on the website. Maybe he p;osted on other headlines?
David
The lowest number I’ve seen was 2180, but separately I was shown a range 2200-2100. Although we would normally show the lower number first, I saw it with the larger number first. I was not shown the timing, but I think it needs to drop here to complete the 5th move of my KH dream followed by a three wave move to the top, up-down-up.
Thanks for sharing, James. My “2002” and “Blair Academy” dream (Blair Academy sits a hill with two bottoms on the sides) indicate 20% drop from the hill of 2630 first, which is around 2100.
David
Futures is up 3%, David how did you come to the conclusion that drop would be from 2630?
Also please do share if lord has revealed any new markers in the dream.
Thank you.
Hi Ed h, any TA on Rdd and bitcoin? Just wondering if anything has changed? Thanks so much,
Corrine
Jenkins,
my 1630 was the high right after the 20% rally. Now my 50% retracement dream last Friday could talk about today and now – James;’ interpretation from the bottom of 2192. I interpreted it wrong.
Today i had three dreams:
1. kept hearing “support line” – not sure which support line
2. I bought some beef from a butcher and I asked him if and how much he charges for butchering a cow and he said “1000 dollars”
3. some college classmates came to me – normally a bearish metaphor – they came from west to east – China is from west of us
David
I like your butcher dream because it sounds like a 1000-point move up. In a dream last night, I saw 3135, which is the highest number I’ve seen since the crash started and it’s about 1000 points higher than the range I was shown for the bottom, 2200-2100. Making a lot of assumptions here, but it might be confirming the drop precedes the big rally.
Thanks James and David, I saw 3135 a while ago too. If I understand the sequence correctly, this rally might head up to 2780 then drops to 2180 and heads back up to 3135 and all of this should happen before the end of month?
I’ve been making so many wrong trades lately and I’m really scared to take any positions in this market.
God Bless.
Jenkins,
If you only move into the position when it get to 2180, or 3135, it would be most likely not the wrong trade. I think we need to learn to give up some ( middle ) trades. The market is so unpredictable. The Lord is so good , He gave us the top number and low number.
Agree Jenkins and James – so hard to trade this volatility. I am still struggling about the 50% retracement – from where? I am under the water on my trades now. Any suggestions how to put stop loss orders on options?
David
As stated in my previous reply, I believe the 50% retrace is based on the entire drop from 3393 to 2191, so going back up half way is 2792, which is close to the number I saw, 2762. It topped last week at 2641 so I think that’s a significant resistance level. If it breaks through it, maybe it continues on up.
I have not been shown the timing or the sequence but the upward momentum today is so strong it could easily carry into tomorrow, which would start getting close to the number I saw, 2762.
James I tend to think the 1000 butcher dream is a bearish metaphor – killing a cow/bull and eat beef means short in my dream language. Plus the basket ball player falls to the ground to grab the ball on the floor
Interesting because eating beef has been consistently bullish in my dreams.
James, correction – beef eating in my dreams has also meant bullish in my past dreams. I remembered wrong. I was just not sure about butchering a cow – this could be bearish?
the market broke out of the 2641 which per your message before could mean close to the 50% retracement up to the 2792 level?
David
Thanks for clarifying that. I’m glad we’re all getting the same dream symbols.
Regarding your beef dream, here’s what you stated, ‘I bought some beef from a butcher and I asked him if and how much he charges for butchering a cow and he said “1000 dollars”’
Since you’re in the dream, I think your actions are the key. You bought beef. Both buying and beef are bullish symbols. You did not cut a cow and neither did the butcher. You simply asked him the price to buy it. So I don’t see anything bearish in this dream. I think the $1,000 price is a very valuable insight because there are about 1000 points between key numbers I’ve seen recently, including a bottom in the 2100-2180 range, and a top around 3135. The same is not true regarding the previous bottom on March 23 because it only dropped to 2191, unless the top is higher than 3191, which is possible since my numbers are rarely turning points.
In one of my dreams last month, I’ve seen 3135 and 3195, however 3195 flashed real quick in red . So I believe if it gets there it drops fast. God bless.
Thanks for clarifying that important detail. Given the emphasis on the 50% retrace and 2762, it seems likely to drop from there, but the question is how much. I’m leaning towards it dropping all the way back to the bottom before going back up because that would complete a fairly symmetrical W which would fulfill prophecies from several years ago that connected a W with a market crash.
Thanks James, 2762 might also be your 7th drop from your KH dream.We should have more clarity tomorrow. God bless.
Also James, just thinking out loud here – could the 1000 dollars butcher dream means the SPX will be butchered 1000 points from the current 2600 level to 1600 level?
david
I believe buying beef equates to buying SPX. Beef has always been bullish in all my dreams so I think your dream is showing a 1000-point move up, which just happens to fit the numbers I’ve been shown.
I had a dream one year ago where the Lord showed me a two-legged market crash bottoming at SPY $200. I believe that is (approximately) where this current downdraft will bottom. There is, likely,, a much greater crash coming after the election.
Thanks Michael J. I agree with your target for the bottom because it confirms the numbers I got for SPX. I also agree there’s a second crash coming and it will be much larger, taking the Dow down to around 11,000.
James, you don’t think the Dow heads to around 5,000 as others have seen around May? Or does that come a few years from now when we have the complete total collapse and that’s when banks are closed for months as you have said.
The lowest number I saw was in the 11,000-12,000 range, but it could go lower.
James, do you expect banks to close for months? Will it effect dollar value in anyway? Thank you.
James,
I didn’t watch the chart. But do you still think your 8 waves counts are still intact?
Yes, otherwise the dream would be meaningless.
James,
It is interesting that yesterday Zerohedge had an article that Nasdaq just finished the 50% retracement from the march low. SPX about 47% back. So unless your 2762 is a hard number then do you think (I tend to think) it is now time for the down leg? I had a few bearish dreams yesterday and today.
David
Thanks for the update on those new dreams. I agree there is a drop coming soon, but the fulfillment of prophetic dreams does not usually begin immediately. Sometimes they do, but more often I’ve seen them preceded by counter moves in the opposite direction.
The down up down pattern you described sounds likely to me because today I saw 2505. That would be a good drop but it’s still a long way from the bottom I saw in the 2100-2180 range. The only way it makes sense to me to highlight 2505 is if there’s a drop to that level that then comes back up prior to dropping lower. The prices I’ve seen in the past have rarely been turning points so it could surely drop below 2505 before turning back up.
I edited your comment to correct the number I saw was 2762, not 1762. I don’t believe God would reveal price targets like that unless they were real because that would be lying, but there were no dates revealed so I don’t know if it will reach that level before the next drop. The other price target I’m watching is 2792 since that’s the 50% retrace of the whole drop.
A cycles analyst I follow reported a change in trend coming on April 10. Since the markets are closed that day, he thinks there might be a top tomorrow April 9, followed by a drop into next Wednesday, April 15, which is interesting because that would wipe out profits for bulls just in time for VIX options expiration on April 15.
Thanks for sharing, James. Your 2505 level is very interesting to me since I believe my basketball play grabbing the ball on the floor for 25 times might mean 25 SPY or 250 SPX points from yesterdays’ high of 2756 – making it to 2506. It might drop to that level first then bounce back prior to dropping again
David
James, SPX now up to 2810, exceeding your 2762 and my 50% retracement of 2792. Do you expect market will turn for the down leg now? Does 1929 have the same retracement of 50 then down again to the 49% down in 49 days? I am eating beef sandwich in a dream this morning so i know today is a up day since I also had a dream of credit card greens – had the impression there will be more borrowing causing the market to go green – woke up to find Fed is creating 2.3 trillion loans.
David
I’ve found the price targets are always exceeded, which sounds like something God would do, give us more than we expected. So going higher than 2792 is right in line with that. The challenge with these dreams is avoiding adding our own assumptions since the information provided is almost always missing dates or prices or both. Also, He reveals some price moves that are further in the future to teach us not to throw out the previous things He gave us, which is part of our training to hold fast to every word of God, giving it our full attention even when it takes longer than we expected. So we have to avoid the natural tendency to always assume the newest revelation replaces previous ones that remain unfulfilled.
James, I am also wondering when the Lord said “50% retracement” this also means this the interrim top before another down leg, right? Otherwise why say “retracement”?
DAvid
In a dream today, I was with a group of soldiers and we were occupying enemy territories quite easily.
At one point me and one other solider broke through a checkpoint, but suddenly the other group of soldiers were facing heavy resistance when they were trying to get in. Suddenly I saw a computer in front of me, with SPX down -0.2% with the days high of 2786 and the other solider was assuring me that don’t worry they’ll get through it.
I’m not really sure what to make out of it.But the immediate perception was there might be a drop from that level, but not as big I thought it would be. God bless.
Since the term was new to you, it sounds like He might be stretching you to learn more about trading terminology. 50% retraces are one of the most common retraces of previous moves up or down. The 50% retrace of the drop from 3393 was fulfilled today when SPX went above 2792. I think that confirms you heard correctly and can check that one off the list. The next major move should be down. Today I saw 2464. A few days ago I saw 2505, so I’m expecting a drop into that range or a little lower since my numbers are rarely turning points.
Today I dreamed a lady came from CA to NY and a south korean woman in NY – both bearish.
Yesterday I dreamed a lady digging a long and big hole in the ground and pushing oranges one by one down the hole. Then I was flying in the air and flying down a big valley like the grand canyon and come back up and then down and then up.
Plus my basket ball player falling to the ground and grabbing the ball on the floor has not happened yet
David Xi, thank you for sharing. So you had a dream or vision of 1630 (SPX?) after going up 20%? Could you please give us the context?
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8/22/18 James Bailey reported seeing SPX at 1600 according to my notes
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If a cow (bull bullish) is slaughtered for 1000$ then doesn’t that seem bearish?
–
2641.39 (last peak 3/31/20) -1000 = 1641.39 but no idea if it will play out that way.
Jason I had no direct revelation on 1600 just trying to interpret my 1000 butcher dream. Spx and spy are the main indicator the Lord has been using for me
1)
They love to close markets everyday near support to keep you guessing.
2)
I think the dream represents how many points the elites pump the DOW to squeeze out anyone who shorts overnight. They did it this morning-1000 points. Even though oil was down, they give hope with fake news.They also like to dump it overnight 1000 points to butcher anyones’s long trades, too.
3)
Don’t believe your college professor. They are trained to teach you the how sun rises in the West and sets in the East, in line with our former president’s agenda. It’s a strategy to indoctrinate the youth to adore people like Alexandria Ortasio Cortez,, who believed her professors and now teaches others that the sun rises in the West.
Teach you the how-oops. I guess my professors didn’t teach me how to proofread, lol.
Carolanne
Trading an index thru IG markets offers some protection. I lost money at open because the sp500 opened higher than Fridays close. I went bullish and recovered my losses. Ed ‘s chart was excellent. Looks like we are in upwave wave c of the corrective wave up. Once complete it’s a nasty 5 wave down to late April or maybe mid May 2020, this senario above may not play out , but it looks like its on track at present,
Phil
I’m so happy you recovered, Phil-Sydney. I’m waiting for a definitive top.2762? We are almost there…
I also had a short dream today about basketball scene where the play falls to the ground grabbing the ball on the floor – he was celebrated because he has done the same act 25 times!
David
When I have received stuff like that, the drop has been measured versus the previous day’s close, but since the date was not revealed, we don’t have the numbers to calculate it yet. In any case, a 10% drop would be very significant, especially if followed by the 8% drop that I saw.
Two days ago, on April 2nd, I dreamed of a man (the color of his clothes was not obvious) on a cliff. He encountered a problem and jumped from one cliff to the other cliff. His jumping direction was lower right. And then hang himself on the cliff with his bare hands. I assume that this man represents stocks and the stocks will drop with a gap soon. (No timing and number shown)
David, it depends where the 50% retracement is measured from. I might assume that a 50% retracement from the top (approximately 3400) would take SPX to approximately 1700, though I would be careful, because SPX has a lot of support within the 1800 – 2200 region.
Thanks for sharing Fred. Now if 50% drop from the 3393 all time high the SPX will drop to around 1662, which is in line with James’ revelation of “-1665” and his 49 days for 49% drop,
David Xi
Retraces are based on a previous move up or down, not retracing the all-time high from zero, so I disagree with that interpretation.
James I had the 50%retracdment dream Friday morning and thurday was 56 points up. So retracment from Thursday close?
The general rule I learned on my own and many others have since confirmed is everything revealed in prophetic market dreams is always future unless specifically revealed in the dream as a historical reference. Since you received the dream Friday, the fulfillment would be later than Friday. It appears it might have started with the move up today, but we’ll find out soon.
I like your 10% drop. I saw an 8% drop recently and still waiting to see it.
The 50% retrace of the whole drop would put the top at 2792, which is just a little higher than the number I got, 2762. That’s the highest number I’ve seen recently. I’ve been watching for the fulfillment of the skinny V, but it has fallen apart over the past few days and would look more like a W if the next bottom precedes the 50% retrace.
James I thought your skinny V was completed on March 26 with the 20% rise in three days. I am struggling with meaning of 50% retracement – does it mean retracing down from the top of 3393 or retracing from the bottom? Not sure. This morning I had this struggle and sold out all my shorts and entered again when it started down – which made me think it means retracing down 50% from the all time high. Now most of my dreams are short and near term – many times morning dreams showing the same day’s market action. Sometime it shows the pattern for the whole week. Timing is so difficult.
David Xi
James, do you expect it to reach 2762 first or 2180?
The 24-hour moving average reveals a lot about the overall direction of the market and it is now moving down fairly steep. It captures the latest 24 hours of trading, so about 4 trading days. I also track the 6-day MA and it is also dropping fairly steep now. This market has been very volatile and choppy, so a counter trend rally is likely but I’m expecting the downward pressure to vaporize any rallies and continue dropping lower until it reaches the bottom price range I was shown. Then comes a big rally up to at least 2762. David Xi was shown a 50% retrace, which would be 2792.
Please see my reply to your previous comment.
SPX held the 1 to 1 extension and got a great bounce to the .618.
https://www.tradingview.com/x/ugbAxpIT/
Ed H,
What does it mean? Next major move is go up , or go down?
William,
Couple of options here. James said he saw 11 waves. If that is in play now it would be a 3-3-5 ABC pattern. The market could go back up to the top on good news but seems very unlikely at the moment.
https://www.tradingview.com/x/uyUmkAiY/
Another option is this drop has concluded wave 3 and we are in a 4 wave then a 5 down. This would be a 5-3-5 but this goes pretty low.
https://www.tradingview.com/x/w9UTqdLb/
Or we do this for a few months.
https://www.tradingview.com/x/0o7qWpFU/
Impressive work Ed
Many Thanks , Phil
Dear Ed,
I and others would certainly appreciate an update if you have time. I thought the 5-3-5 was looking good until about 9 hours ago. Completely took me by surprise with another kick upwards. Maybe 3135 for the top of the V recovery is very possible now. BTC also rose as expected.
Possibly good results of Gilead anti viral treatment where responsible in part for the rise.
God bless and hope you had a great Easter,.
Phil; B – Sydney
Thanks for this helpful analysis Ed.
James,
I would provide my thinking.
This year, Passover occurs from April 8-16. For the call options to become worthless, the stock market should rise to the high before the big drop on April 16, because US companies call options expired at April 16. I mean that the date of April 16 should be the highest day before the market crash.
The FED could start to buy the shares any day before the April 16.
The market crash should be caused by other factors such as big bank(s) collapse, other than the corona virus.
Please provide your thinking.
I hope 2160 ( s&p ) is the bottom of the v.
Correction: US companies options expire should be at 5pm ( ? ) April 15 US time ( Australia time 5am April 16 ). The date of high before crash should be April 15. On April 16 , the market should start to crash —- the day of the wall of Jericho fall ? ( who have the Bible knowledge, please confirm. )
For myself, I could start to move into some short position with small percentage of fund before the date of April 15. Then on April 15, all fund move into shorting positions.
Dear William – Please Note well that this timing may not be accurate. The downwave could well be in motion by 4-5 April 2020 so please be very careful. Yes April call options expire mid April 2020 but potentially you may have already sold them well before 16 April 2020.
Take Care . This is a vicious market to trade. You can lose money super easy.
Phil
Phil,
I only use a few hundred dollars to trade the options. The big amount would be used to buy stock.
James,
Speculation: March 5-March 24, 14 trading days down. March 25 – April 13 14 trading days up. April 14, a little dip. April 15, up again to nearly the level of April 13.
In a dream on March 13, I saw SPX dropping to 2180. No dates were revealed, so I thought it would be preceded by a move up, but after seeing yesterday’s low at 2280, I am now thinking 2180 is coming soon. Then I had a dream yesterday in which I saw 2762. So I have updated my forecast to drop to 2180 or a little lower followed by a move up to 2762 or a little higher. That would be very close to a 50% retrace of the entire drop, then back down lower.
James, it is possible that these prices are sign posts for directional movements. It is possible for SPX to drop to 2180, then bounce back up to 2762 the following trading day, if the market has a “limit up”.
We need to be careful, because the expected rally might be full of “limit up’s” that are almost impossible to trade.
Please see my reply to your other comment.
Please watch out for the news that if there is any news for the US congress to debate to allow the FED to buy the US companies shares. If any news like this come out, please share on Z3 . When FED decide to buy the US companies shares, that’s the moment the stock market will steep move up. Two ex-chairmans of FED had advised the current chairman of FED to buy up US companies shares. For FED to do that, the law needs to be passed. So watch out.
Boeing company is the jewel of USA. Its share price used to be much higher than apple. Now its share price is less than half of apple’s share price.
The call options of Boeing expired on April 16 can be considered . This is not an investment advice. Anybody buying options needs to know it could become worthless.
To James, or anyone. I noticed you recommended stocking up on gas. Is there any way to preserve gas, or does it spoil?
You can buy additives to stabilize it. Cooler temperatures help too. SNS
Avery, gasoline will last for years. To improve it’s durability, you can add a stabilizer called Sta-bil which I have purchased at Walmart or auto parts stores.
I don’t know how long gas lasts, but I’ve stored it over six months without any problems. The strong smell has been the only problem I encountered. At first, I stored it in my garage but the smell was too strong so I moved it outside under our back porch.
One good product to use to preserve fuel is PRI-G for gas and PRI-D for diesel fuel.
I too have used this product for a number of years, and highly recommend it.
James, I’m thinking the number 8 of your Katherine Hepburn Dream might mean the eight trading days decline(MAR 5 ~MAR 16). If so, the rally will start soon.
Since the top was on March 3, I’m counting today as the 10th trading day down. If today was the bottom and it takes the same number of days, it would reach the top March 31.
Hi James just wondering if your still looking for 1729 S&P for a bottom
I calculated 1728 by subtracting the red 1665 from the all time high at 3393, but God did not reveal that equation so it’s just my own assumption and might be wrong. Another possibility is 1665 is the drop from the secondary top, which I’m expecting to be somewhere in the ballpark of the March 3 top. Also, I have repeatedly made the mistake of assuming prophetic price targets are turning points but often they are just getting us in the ballpark of the turn, showing it’s time to start watching for it.
James,
1665 could be the drop from the secondary top, because 3230-1665=1565 ( S&P ) this number of S&P could be corresponding to DOW 11000-12000.
I am not expecting a secondary top at 3230 because the secondary tops in previous crashes in 1929, 1987 and 2008 only made it back up a little above the 50-day moving average, which is now at about 3153 and dropping a little each day.
My thoughts on SPX. https://www.tradingview.com/x/YND2xCeI/
Thanks Ed
I still think we may have some down side based on 1929 dates. Low on Friday or next Monday but I’m not taking any positions at the moment . Just waiting ,
God bless all
Phil
Ed H,
Can you share your thoughts on btc? Can you see any possibility going up?
Yes I am talking about the 1729.07 discussed a few paragraphs up. Also are we still looking for a 49 percent drop in 49 days
Sorry, I forgot the number I calculated was 1728, not 1748. I got that by subtracting 1665 from the all-time high at 3393. The number you referred to 1729.07 was calculated using actual historical prices for recent tops and bottoms using a Fibonacci extension tool. I shared that because it confirmed my number, but still doesn’t necessarily mean it’s going to turn there, especially since prices have continued dropping since I posted that on March 11.
the 1929 crash dropped 49% in 49 trading days. The date I saw in my dream was April 29, which just happens to be 29 trading days from the Feb 19 top in SPX. The meaning has never been revealed to me. It might have been given to help me locate the top. As explained in this post, we’ll just have to wait and see if this crash bottoms on that date.
James, back in May 2018, you posted a word about Martin Armstrong that said by 2020 or 2021 there will be a currency reset. Do you think that what is taking place now will cause the currency to reset?
I believe we are still in season one of the final four seasons of the U.S. dollar, which is when the dollar gets stronger versus other currencies to the point of inflicting misery upon other nations. The market crash underway now is strengthening the dollar as the euro crumbles. Currency values have already started shifting but will accelerate when Deutsche Bank fails. That will raise concerns the global financial system is collapsing, but I believe it will survive and come back stronger than ever. The real melt down happens after the dollar gets suddenly devalued, which I believe is further in the future. I think Martin Armstrong’s forecasting model has that happening in 2032. I don’t know the timing, but I believe that is the event I saw in a dream in 2014 where FAZ skyrocketed.
Year 2032 is very far away from the investment points of views.
James, I’ve read someone sharing a dream a while ago, which I couldn’t find. They said Federal govt will go bankrupt around 2027-28 and US will be split into terittories.
USD will lose reserve currency status around 2021-22.
I have not heard any prophetic insights like that but I have heard some contradicting it.
James your 2180 target is basically reached – overnight futures epecially so – so do you expect the swift move up soon?
David Xi
Not yet because the low so far was 2191. I’m expecting it to drop to at least 2180 and more likely around 2120. Regarding the move up, I saw 2762 but did not see any dates.
Correction to the above, I think the bottom of this wave is around 2150 but will be preceded by a move up to about 2350.
James,
S&P future is 2329, 21 points short of 2350. You think the bottom of this wave is 2150. But Phanuel saw 2100, 2088. Also Jenkins saw 201.99 （SPY ) — which is roughly about S&P 2050.
I agree with those lower targets, but I think those come later. I’m currently looking for a bottom a little below 2180 followed by a big rally up to about 3140, which sets the stage for what we might call a second crash to lower lows.
James,
If you have changed your view of looking for a bottom lower than 2180, please share and let us know. S&P is now 2508, not too far away from 2782.
I think the move up the past two days is the fourth move in my Katherine Hepburn dream and is followed by a fifth move that returns back down to make a double bottom a little below 2180. Then comes three waves up, A-B-C, completing the first 8 moves.
Good explanation. Thank you.
James, I am trying to track your 8 moves.. When you compared the 8 moves in 1929 are the moves and up and down or just down moves only? Because if we count ups and downs, from Feb 18 it is more than 10 moves already..
David
Moves can be down or up. After the first scene of my dream where they counted to 8, the next scene started at the top of a hill, which makes sense because 8 is an even number and even numbers are always up since the count starts with the first big drop. The second scene showed 3 moves for a total of 11, which is needed to reach the bottom.
Volatility has been extreme since the Feb 19 top, so I think we have to zoom out to see the major pivots. The past two days were only the second time we’ve had two up days in a row. By my count, that’s the 4th wave. Then comes a 5th wave down followed by 3 more, up-down-up, to get back to the top of the hill. Then comes the fast drop and double bottom to complete the crash.
James, when you say wave, you don’t mean that a wave is one of the 8 drops do you? Big picture, I’m trying to understand what you’re thinking could be the low for the S&P during this current crisis? Also, if we get past this, do you see the DOW going back up to the all time highs of the past? Thank you.
My interpretation of my Katherine Hepburn dream is 8 moves preceding the final big drop and double bottom for a total of 11 moves, not drops. Analysts refer to them as waves and they can be moving up or down.
Regarding the low for SPX, I’m expecting a bottom in the next week or so, followed by a rally back up to around 3140 and then another crash to a lower low. I have not been shown any long term tops, but have heard some analysts are expecting new all-time highs after this crash. One analyst is thinking it could get back up there within one or two years, but his timing might be way off.
Ok, thanks for your reply. I’m just wondering how this crash fits into your older post of the final four seasons of the dollar…if this could be the early stages of an eventual banking collapse that will lead to the end of our dollar. I know there has been some well known market analyst that predicted 2020 to 2021 as the major banking collapse so it seems they could be correct with their timing….but obviously if we get back to all time highs then something else will have to trigger the collapse. I guess one thing to watch would be how the euro and the countries in Europe are being impacted by all this.
This corona crash is accelerating the strengthening of the dollar by weakening the currencies and economies of other nations, especially the euro if Deutsche Bank crashes.
Yeah, that makes sense. I pray you and your family stay healthy James! Thanks for everything you do for us with Z3.
James,
Today’s market closes at 2622. It is getting closer to 2782 ( 160 points away ). At the closing of the market, it is quite clear that some traders are pushing over the resistance line. It has the feeling that ” put options becoming worthless ( exp April 15 ). Can you look into market movements again to see the next major move is going down to 2180, or going up to 2782 and even 3140?
James,
I think the manipulators are using the 2 trillions dollar stimulus package as an excuse to keep pushing up market.
Getting prophetic price targets without any dates is beyond challenging, not good for making trading decisions. The daily chart looks like the skinny V is right on track, but since the price has already gone up so much, dropping back to the bottom from here to make a double bottom would mess up it up, making it look more like a W (unless it happens in the next couple of days). Regarding 2782, the number I saw was 2762, but since the prices are usually not turning points, it seems likely to go higher. Since that level was highlighted, I would expect it’s close to the end of that wave and some pullback from there would follow.
James,
Thank you for your reply.
James, when you mentioned the great depression of 1929 you saw 8 moves plus final 3 moves, do you mean big daily moves up and down or some moves last several days? Just want to understand so I can also track with you.
Thanks,
David
Great question David. This market has become so volatile and the moves are so big, if we count them all it would already be way more than 11 so the dream must be showing a macro perspective, only counting the larger moves. The final count might not be clear until it’s all done, but for sure it cannot end with an even number because they’re always tops, so I think my 11-count interpretation is right. I think we’re just now completing the third move and about to start the fourth, but not sure.
James, do these markets have circuit breakers when markets are rallying?
Yes, they stop trading at times both ways.
An Alternative interpretation of the Katherine Hepburn dream – This dream seems to deal with Hollywood and its potential for coming to Christ, despite its degraded morality.(which has existed for over a century (represented by the black and white TV). The first scene in the water represents the physical and other discipline needed to become a star and achieve financial success. Unfortunately, public fame and acclaim is as fickle as water and very few coming to Hollywood will ever succeed at it. The second scene on land are the few who have achieved stardom with its attendant financial security. Katherine Hepburn was a typical star who, like others, indulged in an affair with a married man, Spencer Tracy. Her run toward the ocean and James represents a flight away from Hollywood values by many stars (perhaps due to the coming world depression) and and initial acceptance of Christian values. Seeing her bottom would be an indication that true conversion isn’t yet complete or totally sincere at that time. It is interesting that the man on the beach did not run toward James, perhaps alluding to verses such as Matt 24:40 “Then shall two be in the field; the one shall be taken, and the other left.” In other words, even though Hollywood looks hopeless, it may not entirely be.