In a previous post, I shared a vision, which I received on July 5 2016, in which I saw the price of UVXY move down a little, then sideways, then the line formed into the shape of a rocket, then it went straight up before veering off to the right. I was not shown any numbers or dates. UVXY is an inverse ETF, which means it moves in the opposite direction as the stock market.
According to Jim Reeve, author of The Handbook of Prophetic Trading, movements to the right represent downward movement because calls are always on the left and puts are always on the right. So when the UVXY rocket veered off to the right, I believe that indicated the price would level off and turn down again.
After seeing the price graph in the vision, I started watching for the sideways pattern to show up. At first, it looked like it was forming in July, but then the price kept dropping. The graph shown below shows UVXY actual price history for the past eleven weeks starting July 13 2016, based on a 2-hour price chart.
This graph shows the completed path of the rocket as it moved down, then leveled off on August 9 and continued moving sideways for 19 trading days until September 2. Then the price dipped a little to $16.75 on September 8, then moved up sharply, reaching $25.69 three trading days later on September 13, which was a 53% increase. I was expecting to see it go higher than that, but based on a new graph, which I saw on September 15 2016, I believe that was the fulfillment of what I saw.
Since I did not see any numbers, I did not know how high it would go, but since I saw it veering off to the right, I expected it would be limited. When God does not reveal any numbers, it is tempting to add our own assumptions, but that is dangerous because we are often wrong.
New Graph Shows Next Move
The new graph I saw on September 15 showed the price of UVXY with the left side already completed, but on the right side the line was moving, like watching it in real time. I recognized the left side because it showed what happened over the previous week with the price spiking up to $25.69 then dropping back down sharply, just like it actually did over the previous two days, September 13 and 14. Normally, God does not show me any historical prices in graphs, but I believe the left half was historical because it was already completed and stagnant while the right half was “alive” and moving.
On the right half, the line spiked up steeply reaching close to $25 again before dropping steeply again, but this time it did not stop dropping. It went almost straight down and continued into a free fall, all the way down to zero. Then an alarming message popped up saying something about my account balance being depleted, but it was too long to read it all.
I know it is impossible for it to actually go down to zero, but I think the point is it will go so low it might as well be zero because the losses will be unbearable for anyone who continues holding it.
After seeing this new graph, I was expecting to see the price move back up to $25.00 the next day. I was watching for it and planning to switch sides when it got there, but it only went up to about $24.40 before dropping back down steeply. From there it kept dropping, which was very frustrating to see. I finally closed my position at about $22.50 due to my concerns it was going on down to zero. I am glad I got out when I did because it dropped to almost $16.00.
In the past, whenever God has given me a specific number it has happened exactly as He said. In other words, He does not tell me $25.00 when it really only reaches $24.40. He delivers exactly what He said and even a little extra. So when the price failed to return to $25.00 on September 16, I did not understand why it fell short, but I assumed that was it and decided to just move on. However, I have come back to this because I believe God is consistent in His dealings with us and the fulfillment is still yet to come. I was wrong to assume it had to happen the next day because I was not shown any dates. However, I was also not shown any numbers. I only saw the line on the graph, so I had to estimate how high it went by comparing it to the historical graph.
For the price to move back up to $25.00, the S&P would have to drop back down to the support level of 2120, which is where it was on September 13 and 14, and perhaps a little lower due to the price decay of UVXY. So that is what I am expecting to see happening soon.
Since I saw the price drop sharply after reaching $25.00, I am expecting the S&P to reverse sharply after dropping back below support levels. I have received some confirmations from others on this view. I was amazed when I saw the projection shown below from cycles analyst Peter Temple, founder of the World Cycles Institute, because it confirmed what I am expecting to see.
There are also some prophetic confirmations showing the equities market dropping below the support level (S&P 2120) before reversing and moving higher.
Big Bull Coming Soon
Since I saw a hard reversal after UVXY reached $25.00, I am expecting the S&P to reverse sharply at that point. Since I saw UVXY drop all the way to zero, I am expecting to see a very strong bull market starting at that time.
Back in March 2016, I saw a graph showing a blow-off top pattern, which I shared in a previous post. I have been watching for it all year, but it has not happened yet. A few weeks ago, I saw it again in another graph showing the same pattern with a steep move up followed by a straight drop down. However, this time I saw the market was significantly higher than the previous all-time high, which was 2193 on August 15 2016. I believe the coming bull market will lead to the blow-off top, which kicks off the third hanging man. Based on other graphs I have shared previously, I am expecting the third hanging man to be a big drop because after the blow-off top, I saw the Dow drop to about 15,200. I was not shown any dates.
I believe God purposely gives us partial information because He is inviting us to seek Him for more details. He is more interested in drawing us closer to Him than how much money we make, although He wants us to prosper in all things (3 John 1:2).
Acting on partial information can be costly, as I have learned the hard way. Hopefully, we learn to seek God and wait for His instructions the next time.
If what I saw is right, the second hanging man is much smaller than many of us have been expecting, perhaps too small to even call it a hanging man. I am expecting a much bigger drop after the bull rally and blow-off top.
Although the profit opportunities for UVXY moving up to only $25.00 are limited, the steep drop back down offers more profits for anyone who changes positions at that time to ETF’s that move with the market, like FAS and SVXY. They should do well as the market moves up.
Anyone using a buy and hold strategy for UVXY should find a different vehicle to avoid getting the pop-up message I saw. Even without a bull market, UVXY decays about 15% per month, but in a bull market it could get wiped out fast.
My plan is to sell UVXY when the price reaches $25.00 and get in on the other side with SVXY and put options for UVXY. Those vehicles offer a way to profit during the bull market, which then makes it possible to purchase more shares of UVXY after the price drops way down.
As always, this information is being shared for prayerful consideration and 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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