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A giant W-pattern began forming in the stock market back in July 2015. Now eight months later, it is nearly completed. Technical analysts refer to this pattern as a triple-top reversal because it\u00a0has often preceded major reversals in bull markets and marked the start of major downturns.<\/p>\n
The final leg started forming in mid-February 2016, which is when I posted a warning because upward movement in\u00a0the market puts downward pressure on inverse ETF’s like FAZ and UVXY. See my previous post, Triple Top Reversal Pattern Could Be Forming Now<\/a>. Since hitting a\u00a0bottom on February 11, the Dow Jones Index has moved up by a whopping 1,855 points,\u00a0closing\u00a0Thursday\u00a0March 24 at 17,515 (markets were closed Friday).\u00a0It\u00a0is already plenty high enough to qualify as a\u00a0completed W because it does not have to be perfectly symmetrical, but in this case it appears it will\u00a0be because several prophetic\u00a0words indicate\u00a0it could move higher this week before reaching the top.<\/p>\n On March 17, Z3 visitor Francy shared a dream she had about FAZ reaching a turning point.<\/p>\n “I remember reading James Bailey\u2019s positions\u2026 he was listing all his positions, but I only concentrated on his position about FAZ. I saw the number 38 (it looked like a bingo ball) and then I saw James stated he was placing a stop to sell at $38.83. So basically if FAZ fell under $38.83, James was going to sell his FAZ shares to minimize losses.<\/p>\n This represented the shift, the turning point when it will be turning inversely. If you notice the dollar amount I saw in the dream $38.83, 38 and 83 are the same numbers but inversed (in reverse). I just kept hearing- ‘the shift, the turning point’.”<\/p><\/blockquote>\n Then on March 19, Z3 visitor Phanuel shared his insights, which confirmed what Francy saw.<\/p>\n “Francy, I also thought $38.83 was the lowest point of FAZ. I\u2019m glad you received confirmation from the Lord. A dream within a dream represents a double confirmation. They are very prophetic dreams. During prayer time a few days ago I saw 206.86, and felt led to watch the SPY stock. So now we are watching for Dow 179XX, FAZ $38.83, and\u00a0SPY 206.86. I believe if any of these signs happen, we are at the top. All three don\u2019t necessarily have to happen though. Shalom”<\/p><\/blockquote>\n To help connect the dots between these numbers, I looked at historical prices.\u00a0On December 29 2015, FAZ closed at $39.19. That same day the Dow closed at 17,720.98, the S&P closed at 2078.36, and SPY closed at 207.40. FAZ is not directly tied to the Dow or the S&P, so this is just a rough comparison. However, it appears Francy\u2019s $38.83 happens at about the same time SPY hits 206.86.<\/p>\n I also found Phanuel\u2019s follow up comment very interesting:<\/p>\n \u201cLet\u2019s have some fun. Weather has talked a lot about the #22 being a sign of completion. well 38.83 (3+8+8+3=22), and 206.86 (2+0+6+8+6=22)\u2026so for fun\u2026Dow 179XX\u2026.17923 (1+7+9+2+3=22) or 17932 or 17950.”<\/p><\/blockquote>\n In addition, Phanuel recently received the following two insights.<\/p>\n “I had a dream on March 23 about purchasing put options. I was looking at an iPad with the months Feb Mar written on it. I was showing it to some friends and then it started raining. So I told them to come underneath a canopy. On the iPad, the color to the left and right of Feb wasn’t green. The color began to get green after Mar. The further away from March the greener it became. I perceived in my spirit that end of March was a good time to purchase puts, the green light.”<\/p><\/blockquote>\n So that dream confirms the market could still go higher since we still have four more trading days in March. It also confirms a downturn is coming after March.\u00a0Then today, Phanuel sent me an email with\u00a0the following\u00a0new dream:<\/p>\n “Received another confirmation of market top. I dreamt I was looking at streaming quotes on my iPhone. The Dow rose by three digits steeply, at least 200 points, the S&P was around 2073, and\u00a0SPY overshot my target of 206.86. The gains seemed over a day or two. The impression I got was when we see these numbers we were at the top.\u00a0Shalom.”<\/p><\/blockquote>\n Since Phanuel saw the Dow rising at least 200 points\u00a0and\u00a0the most recent close was at 17,515, that would put the top\u00a0at 17,715 or higher. This fits with seeing SPY overshooting his target of 206.86, which equates to the Dow at about 17,720 (based on my rough comparison shown above). However, Phanuel saw it going at least that high, so the question is how much higher will it go.<\/p>\n Z3 Administrator and Missionary Rob Perrett\u00a0has received a series of dreams showing him the future top in the Dow. He\u00a0shared the following comments.<\/p>\n “Back in December 2015, I opened a sell order at 17900 and then on the 31st December I was given the following dream:<\/p>\n I also checked the DJI in my dream. I saw a blue graph that showed it was on its way down, but had spiked around 100 points up to 17900 and triggered my sell order, so I was now already in profit. It had gone past 17900 just a bit before going down again. I was quite pleased and I went to check my email for the sell order confirmation and saw it there also confirming my position. I also think I was wishing I had had a larger position as it only spiked before going down and thus it was the very top.<\/p>\n If from God as I believe they are, these dreams are a revelation showing the top of the market before it crashes. Now we know that after December\u00a031, the DJI did not reach 17900, but instead started dropping quite rapidly.<\/p>\n
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