In previous posts dating back to 2016, I’ve been tracking the formation of a large W-shape in the S&P market because God revealed it as a sign to watch, preceding a market crash.
I’m tracking it closer than ever this year because I was shown it’s now in progress. I saw it in two separate visions in April, once showing the first half had completed and another showing it would be slanted downward, so that’s why I’m staying with it. Others have also seen it in visions.
It started forming on January 26 and reached the mid-point at the April 2 low. Like many W fonts, this one has a V-shape in the middle. The first half completed in 44 trading days and today was day 48 for the second half, so the second half will be much larger than the first half, both wider and taller, so it’s not going to maintain perfect symmetry, although I would have liked that a lot. Since it’s still incomplete and lacking in symmetry, it’s a little hard to see it on the daily chart, but I believe it will be much easier to see after it completes, especially on the weekly chart since it has already taken five months and still has a ways to go. Although perfect symmetry would be nice, I’m okay with it being asymmetrical because I believe God is calling it a “W”.
Since I was shown it will be slanted downward, I am expecting the second bottom to be lower than the first bottom, which was 2532. Based on that, my estimated target for the second bottom is 2450. I have not been shown how high the second half will get, but since it’s not perfectly symmetrical, I cannot rule out the possibility of going up higher than where it started at 2872.
Despite the distorted shape, I still believe it’s important to keep tracking it because the completion marks the start of a three-week crash in the markets. My current estimate is it completes in late August. If that’s correct, then the market crash should happen in September, but God has not revealed any dates, so I am just sharing my current forecast, which I update often.
I think it’s also important for anyone tracking crypto currencies or precious metals because the same event that crashes equities is expected to crash crypto currencies and cause metals to spike way up. There have been specific prophetic words showing cryptos crashing in late August and precious metals spiking sometime this summer, which of course includes August.
I think the W is also an important clue for anyone trading Reddcoin because several prophetic words show RDD spikes up after a rally in other crypto currencies and after a spike in silver prices. As a side note, since crypto currencies are expected to form a wave that hits bottom in late August, that implies they should rally between now and then. Otherwise, it would not be much of a drop. Technical patterns also suggest a rally is coming soon.
Prophetic insights provide incomplete information, 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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