TheHumbleWatcher
Short

SPY-CRASH IMMINENT-UPDATE

AMEX:SPY   SPDR S&P 500
AMEX:SPY is a STRONG SELL.

AMEX:SPY has completed a 5 Wave Cycle and is in the midst of an irregular correction. Irregular Corrections have a phenomenon which Elliot called, "Double Retrace".

Irregular Correction most often manifest after a 5 Wave Cycle with an Extended 5th Wave.

This is an update to my original idea on July 27th, 2018: SPY-SELL-BUY PUTS

Original Idea:



First, I thought that SPY was experiencing a 'normal' correction and we would see a correction around the $280 level in July. But, instead we got an irregular correction. Irregular Corrections can be spotted when Wave B goes above the Terminal of the 5th Wave which SPY has done.

The Correction is now in Wave C and Wave C always is completed by 5 Waves. So far, we have only completed Waves 1 & 2. Wave 3 which is normally the most violent is upon us. This is most likely the last opportunity to either sell out of positions or buy protection.

Cycle Wave:


Wave Degrees:


Fib Time:


Will update.
-AB

Targets: $240 + $210 (Double Retrace)


Comment:
Comment:
Comment:
Comment: Sub-Wave 1 & 2 complete for Wave 3.

Sub-Wave 3 beginning now.
Comment:
Comment:
Comment:
Comment: Wave 3 down is extending as expected...
Comment: Candle Chart:

Comment:
Comment:
Comment:

On Watch for the Fall...
Comment:
Comment:
Comment:
Comment: Sub-Wave 5 broke the extension trigger (Trend line - Wave 2 Terminal - Wave 4 Terminal)
Comment: Trend line - Wave 1 Terminal to Wave 3 Terminal
Comment: Starting to crack...
Comment:
Comment: Fall at the bell?
Comment: ABC Correction about done...


Comment:
Comment:
Comment: Correction was Flat.

Wave C should not go much further than Terminal point of Wave A.
Comment: Terminal of Wave A represented by Yellow Horizontal Trend line.
Comment:
Comment: We can use Sub-Wave 1 to estimate the Terminal of the Higher Degree 3rd Wave...
Comment: Scenario 1 - S1 + S3 trend near equality

Estimate for S3 Terminal

Comment: $252.25 would be the terminal point for S3 if they trend near equality.

Under this Scenario you would expect S5 to extend...
Comment:
Comment:
Comment: Green Box is the target for S3
Comment:
Comment: Note Sub-Wave 1 and it respective minuscule sub-waves. Note sub-wave 3 extended (Callout). It is implying that the higher degree wave 3 will extend.
Comment:
Comment:
Comment: Correction over...now to go down.
Comment:
Comment: Reminder: The Global Supply Chain and Monetary system is being reset...
Comment:
Comment:
Comment: Probably will hold around here till the end of the day...

I expect Monday to be ugly...
Comment:
Comment: The fall gets worse and worse the longer we put it off...

We should have fell in July...
Comment:
Comment:
Comment: 2 Hours...

Comment:
Comment: Complex Correction....

Comment:
Comment:
Comment:
Comment:
Comment:
Comment: DECEMBER 5th

Comment:
Comment:
Comment:
Comment: Here comes a drop...
Comment:
Comment: Corrected Wave Count...

Not Complex...

Just a long C Wave...

Comment:
Comment: Sub-Wave 1 & 2 finishing now...
Comment:
Comment:
Comment: Reversal should be beginning now...
Comment:
Comment:
Comment:
Comment:
Comment: Wave Down beginning...

Looks like we have an extending 3rd SW

Comment:
Comment:
Comment:
Comment: Correction over in an estimated 196 days....
Comment:
Comment: Price line is resting on Terminal Wave 1
Comment:
Comment: Just delaying the inevitable now...
Comment:
Comment: C Wave is Finished.
Comment:
Comment:
Comment:
Comment: Updated Correction....

Comment:
Comment: tomorrow could be the fall...

Comment: SPY and VIX
Comment: I believe people are missing the back story of the trade war and are underestimating the power struggle that is currently unfolding before us...

Multiple downside catalyst inbound....

Headlines:

1. Migrants Storm the Border
2. Mueller Investigation
3. China Trade
4. Brexit
5. Russia
6. FISA

Backstories:
-Corporate Corruption
-Global Supply Chain reset
-Federal Reserve Structure Change
Comment: VIX Wave Analysis

Comment:
Comment:
Comment: Looks like the VIX is about to spike....
Comment:
Comment:
Comment:
Comment:
Comment: Fed is going to be the Catalyst....
Comment:
Comment: Watch for the reversal...
Comment: Sub-Wave 1 and Sub-Wave 2 of Higher Degree 3rd complete.

Comment: Move downwards should now start to accelerate...

Comment:
Comment: Price-Action will start to break down here...
Comment: Let's review the overall Weekly chart...

Comment: We needed to get above and hold $282 to prevent a double retrace.

Point of Failure was around $272-$274

We have retraced the 5th Wave extension which is always the 1st Retrace level

Now, we need to go back and look to see where were the terminal points of Wave 1 & Wave 2.

Wave 1 Terminal - $210-$211
Wave 2 Terminal - $198-$199

These levels are the Targets for the Terminal point of Cycle Wave 2
Comment: Next, let's use Fib Time to get an estimate of how long it will take us to complete Wave 3, 4, and Wave 5 of Cycle Wave 2.
Comment: Wave 3 Terminal estimated to be complete in 14 days...

Comment: Excuse me, a more accurate estimate is 56 days...

Wave 5 estimated to be complete in 140 days...

Comment: We can also use Wave 1 draw-down to get an estimate for Wave 3 and Wave 5.

We know that 2/3 Waves will trend near equality...

We know that Wave 3 usually extends and that Sub-Wave 3 in Wave 1 did extend. So, we should expect the 3rd Wave down to extend as well.
Comment:
Comment: Above: Hypothetical Price-Action with an Extended 3rd Wave...
Comment: Wave 1 + Wave 5 expected to trend near equality...

Wave 1 = -11.60%
Comment: The Big Move and Vix spike I estimate will be around December 5th - December 10th
Comment: Let's review where we are....

Comment: 6HR Chart...

Comment: SPY failed exactly at the Point of Failure Trend line...
Comment: Once the market realizes that this market is not going higher anytime soon the turn should be fairly quick...
Comment: Current Sub-Wave Count:

Comment:
Comment:
Comment:
Comment:
Comment:
Comment: 12/5/19 - Key Date that keeps showing up in my analysis...
Comment: *12/5/18
Comment: This chart is the most worrying in my opinion...

Comment:
Comment:
Comment: 99% positive we just finished a Super-Millennium cycle....
Comment: Wave 5 could extend further but do you think that is possible with a global supply chain and monetary reset?
Comment:
Comment: Elliot Rule - Correction will take at least 3,288 days and draw-down will be at least 83.93%

IF this is the end of the Super-Millennium Cycle....

What's going on?

1. Old Guard vs. New Guard Epic Power Struggle
2. All Trade Deals are being dissolved
3. How many CEOs have either resigned or been fired? Literally Thousands...
4. How many lawmakers did NOT seek re-election? Record Number
5. What new asset class is forming and will disrupt almost every single industry? Digital Assest/Blockchain
6. What was the first EO signed by Trump?

Do I need to continue?
Comment:
Comment:
Comment:
Comment: Fib Extension for S1 & S2

Comment: Target for S3

Comment:
Comment:
Comment: Here is the update to the earlier chart I posted this morning...

Comment: Same Spirals just different view...

Comment: Note the red and purple spiral intersect and the date...
Comment: Near Dec. 5th...
Comment: Noting Chart Correction...

Sub-Wave 3 Terminal was incorrect.

Comment:
Comment: Added Green Spiral...
Comment: What’s happening on Dec. 5th?
Comment: The executive order, released Dec.1, orders the heads of agencies and departments to prepare for the closing, including determining which offices will remain open and personnel will be required to report for national security, defense or other essential duties.
Comment: It also says that Dec. 5 will fall under the purview of executive order 11582, making it an observable holiday. This means federal employees will not experience any interruptions in their pay.

The executive order authorizes the Office of Personnel Management to take necessary actions to implement the order.

This closure will occur two days before the deadline for Congress to pass the following seven appropriations bills:

Commerce, Justice, Science and Related Agencies
Interior, Environment and Related Agencies
Financial Services and General Government
Agriculture, Rural Development, Food and Drug Administration and Related Agencies
Homeland Security
Transportation, Housing and Urban Development and Related Agencies
State, Foreign Operations and Related Agencies
The current continuing resolution for the agencies covered under these remaining appropriations bills expires Dec. 7. If these appropriations bills are not passed, those agencies will face another shutdown.
Comment: Google’s CEO is supposed to testify before the House on Dec. 5th as well.
Comment: The U.S. House Judiciary Committee will hold a hearing with Google Chief Executive Sundar Pichai on the Alphabet Inc unit's social media practices on Dec. 5, the committee said on Wednesday. Pichai in September had agreed to testify at a future date before the panel over Republican concerns that the company is biased against conservatives after it skipped a high-profile Senate hearing. Google has denied it is biased toward conservatives.
Comment: US will hold off on raising China tariffs to 25% as Trump and Xi agree to a 90-day trade truce. Source: https://www.cnbc.com/2018/12/01/us-china...

Now, let's see what could happen...
Comment: The only thing that changes in the analysis is the terminal point for Wave C. Wave C is always made up of 5 sub-waves...

We are currently in the 5th Sub-Wave now...

So, C Wave will probably finish between the .382 and .618 extension level of Wave 3 and Wave 4.

Comment: Teal Box is where C Wave should terminate or between $281 & 278...
Comment: This coming week should be very interesting...
Comment: Another view...

Same spirals..

Comment: With Green Spiral...

Comment: I think we might get to $278 before a reversal....

Just a band-aid until the inevitable in my opinion...

Might be a big week for big tech....cockroaches still remaining...

Comment:
Comment:
Comment: Above Chart looks like the most likely scenario...

Fail between $277 and $278....
Comment:
Comment: I'm going to go ahead and start posting articles that I believe to be part of this Global Power struggle...
Comment: Start helping connecting some dots...
Comment: Quiet story but one with potentially big implications...

https://www.nbcnews.com/news/military/na...
Comment: After-Hours: High $280.41...Gap up...
Comment:
Comment: SPX Chart....

Comment: he 400-day deployment is in support of Operation Enduring Freedom, according to Sgt. First Class Reginald Pickett, with the 305th. He said the troops will be performing various military police duties during this period. Several speakers, including Lt. Col. Jonathan Bennett, commander of the 400th Military Police Battalion, spoke to the troops and their families about the hardships involved with a long deployment.
Comment: Yesterday, hundreds of people donned yellow vests and protested outside major EU buildings in Brussels - amid concern among officials that the protest could spill across borders.
Comment: *Europe is failing*

https://www.express.co.uk/news/world/105...
Comment: Spain is just the latest country in the eurozone to have its people show support for anti-EU parties. It follows Italy and Sweden in latest elections.
Comment:
Comment: Hanging on a cliff right now....buckle up...
Comment: New York (CNN Business)US financial markets will be closed on Wednesday to honor the memory of former President George H.W. Bush, who passed away late Friday at the age of 94.
The White House said Saturday President Donald Trump would declare December 5th a national day of mourning for the country's 41st president. "He and the First Lady will attend the funeral at the National Cathedral in Washington, D.C.," the statement said.
The New York Stock Exchange said it will suspend normal trading on Wednesday. "The exchange will observe a minute of silence to honor President Bush on Monday. As per our tradition, we will close the markets in observation of the Day of Mourning," spokesperson Kristen Kaus said.
The Nasdaq will also close for the day.

The stock exchange will observe a moment of silence on Monday "and plans to be closed on December 5, the national day of mourning designated by President Trump," Nasdaq spokesman Will Briganti said.
Comment:
Comment:
Comment: As many as 500 people were rounded up in the sweep. Saudi Arabian banks froze more than 2,000 domestic accounts as part of the crackdown. According to the Wall Street Journal, the Saudi government targeted cash and assets worth up to $800 billion. The Saudi authorities claimed that amount was composed of assets worth around $300 billion to $400 billion that they can prove was linked to corruption
Comment: ttorney General Sheikh Saud Al Motjeb said in a statement that the arrests were "merely the start of a vital process to root out corruption wherever it exists." He added that those detained would have access to legal counsel and pledges to hold trials "in a timely and open manner." Meanwhile, King Salman appointed 26 new judges.
Comment: ****Interesting Quote: 'merely the start of a vital process to root out corruption wherever it exists'***
Comment: Who would want MBS to look like a savage murder of journalist?

Logic. Check.

Common sense. Check.

=Old Guard.

Where is the body?
Comment: Look to Saudi Arabia's purge as a template.
Comment:
Comment: Target for Terminal 5/C Wave hit.
Comment: On November 15, Ernst & Young and other private firms that were hired to audit the Pentagon announced that they could not complete the job. Congress had ordered an independent audit of the Department of Defense, the government’s largest discretionary cost center—the Pentagon receives 54 cents out of every dollar in federal appropriations—after the Pentagon failed for decades to audit itself. The firms concluded, however, that the DoD’s financial records were riddled with so many bookkeeping deficiencies, irregularities, and errors that a reliable audit was simply impossible.
Comment: As Republican Senator Charles Grassley of Iowa, a frequent critic of the DoD’s financial practices, said on the Senate floor in September 2017, the Pentagon’s long-standing failure to conduct a proper audit reflects “twenty-six years of hard-core foot-dragging” on the part of the DoD, where “internal resistance to auditing the books runs deep.”
Comment: or decades, the DoD’s leaders and accountants have been perpetrating a gigantic, unconstitutional accounting fraud, deliberately cooking the books to mislead the Congress and drive the DoD’s budgets ever higher, regardless of military necessity. DoD has literally been making up numbers in its annual financial reports to Congress—representing trillions of dollars’ worth of seemingly nonexistent transactions—knowing that Congress would rely on those misleading reports when deciding how much money to give the DoD the following year, according to government records and interviews with current and former DoD officials, congressional sources, and independent experts.
Comment: ****Data Dumps coming?*****
Comment: The plugs can be staggering in size. In fiscal year 2015, for example, Congress appropriated $122 billion for the US Army. Yet DoD financial records for the Army’s 2015 budget included a whopping $6.5 trillion (yes, trillion) in plugs. Most of these plugs “lack supporting documentation,” in the bland phrasing of the department’s internal watchdog, the Office of Inspector General. In other words, there were no ledger entries or receipts to back up how that $6.5 trillion supposedly was spent. Indeed, more than 16,000 records that might reveal either the source or the destination of some of that $6.5 trillion had been “removed,” the inspector general’s office reported.
Comment: The upshot is that no one can know for sure how much of that $21 trillion was, or was not, being spent legitimately.
Comment: *Well if the 41st President didn't die...

*What would the news coverage look like?
Comment: The auditors estimated that the Pentagon made “improper payments” — which lacked sufficient or appropriate documentation or approvals — of $957 million in 2017 and $1.2 billion in 2018. While even that larger amount is a fraction of the overall Pentagon spending, such payments grew by 25 percent over those two years, a worrying trend that needs to be reversed.
Comment: The unfavorable audit results come at an awkward time. A recent congressionally mandated study reached the alarming conclusion that despite all the money spent on defense, the United States today is so weakened that it “might struggle to win, or perhaps lose, a war against China or Russia.” The study also found that America’s military superiority and technological edge over those two major adversaries has eroded.
Comment: Well there is Murller’s Case...
Comment: He colluded with Russia because his son took a meeting with a Russian lawyer for opposition research that lasted 20 minutes.


Nail in Coffin: Heresey about an opposition research meeting.

***No Direct Evidence***

***A Story****

Mueller needs direct data, voice, or video evidence that shows the Trump Campaign instructing Russia to green light a hack on the DNC and instructions on how to release the information.

Mueller is now trying to squeeze heads for testimony...

This one meeting is the basis of the conspiracy and a Trump Tower deal.

The meeting yielded no information - No evidence

***This is how I see this Chess game...
Comment: At the DFAS offices that handle accounting for the Army, Navy, Air Force and other defense agencies, fudging the accounts with false entries is standard operating procedure, Reuters has found. And plugging isn't confined to DFAS (pronounced DEE-fass). Former military service officials say record-keeping at the operational level throughout the services is rife with made-up numbers to cover lost or missing information.
Comment: Plugs also are symptomatic of one very large problem: the Pentagon's chronic failure to keep track of its money - how much it has, how much it pays out and how much is wasted or stolen.
Comment: This is the second installment in a series in which Reuters delves into the Defense Department's inability to account for itself. The first article examined how the Pentagon's record-keeping dysfunction results in widespread pay errors that inflict financial hardship on soldiers and sap morale. This account is based on interviews with scores of current and former Defense Department officials, as well as Reuters analyses of Pentagon logistics practices, bookkeeping methods, court cases and reports by federal agencies.

***Series...
Comment: What would solve accounting issues?

Blockchain.
Comment: In one example of many, the Army lost track of $5.8 billion of supplies between 2003 and 2011 as it shuffled equipment between reserve and regular units. Affected units "may experience equipment shortages that could hinder their ability to train soldiers and respond to emergencies," the Pentagon inspector general said in a September 2012 report.

Because of its persistent inability to tally its accounts, the Pentagon is the only federal agency that has not complied with a law that requires annual audits of all government departments. That means that the $8.5 trillion in taxpayer money doled out by Congress to the Pentagon since 1996, the first year it was supposed to be audited, has never been accounted for. That sum exceeds the value of China's economic output last year.

****$8.5 Trillion....mind-numbing....
Comment:
Comment: Failed to get above $282...

Confirmed Double Retrace...
Comment:
Comment:
Comment: Last call to get out of positions and buy protection....
Comment: Monthly Overview...

Comment:
Comment: The World is Changing....

Comment: Short S&P 500

Long Blockchain/Crypto
Comment: Fed Inverted Yields...

Trade is a FRACTION of the economy...

A FRACTION!!!!!!!!!!!

This is not about China....
Comment: Much deeper than China...

How long will troops be deployed to GITMO? 400 days

Fib Time = Correction over in 394 days....

Comment:
Comment: Excuse above...
Comment: Panic is starting to hit the market...


Comment: Talking heads don't understand why the market is going down....
Comment:
Comment:
Comment:
Comment: Massive Sub-wave 3 extending...
Comment:
Comment:
Comment:
Comment:
Comment: Sub-Wave 1 and Sub-Wave 3 extended...

Look for the higher waves to extend...

Not good...
Comment:
Comment:
Comment: No support in sight...
Comment: until $240
Comment: watch the close...
Comment:
Comment: Reminder: Dec. 5th-Jan. 1st are key dates that I found to keep appearing in my SPY analysis for when a possible crash could occur...

Dec. 5th seems to be playing out as expected though...

Market is perfectly set-up for a crash when the market reopens...

We will see what happens...

I see multiple downside catalyst inbound...

Europe is on the brink of a full on revolution...

America has never been more divided except for the civil war era...

Mueller is starting to file his memos...

Government is on the edge of being shutdown over funding...

Big Tech CEOs on watch...

All US trade deals being dissolved...

Fed on death watch...the Fed inverted the yield curve...

ECB is about to stop QE...

China has a massive credit bubble looking ready to burst...

UK Brexit has turned into a disaster...

US Corporate Debt is looking to burst...
Comment: Special Counsel Robert Mueller filed his sentencing memo in the case of former National Security Adviser Michael Flynn Tuesday night. While much of the memo and its accompanying addendum were either redacted or based on information already made public, two things were made perfectly clear: 1) Mueller’s Russia probe was just one of “several” investigations Flynn helped with, and 2) Mueller is very happy with Flynn right now. The revelation of these mystery investigations could be the most important takeaway from the memo so far.
Comment: ***Flynn Scott Free and Provided major assistance to other criminal investigations besides Russia.

FLASHBACK: https://www.google.com/amp/s/www.cnbc.co...
Comment: ***Who are the Podesta brothers? Longtime confidant to the Clintons.

Bill Clinton’s Chief of Staff

Hillary Clinton’s Campaign Manager
Comment: ***Anyone seeing these chess moves?
Comment: FLASHBACK: The cases involve Gregory B. Craig, who served as the White House counsel under President Barack Obama before leaving to work for the law firm Skadden, Arps, Slate, Meagher & Flom; former Representative Vin Weber, Republican of Minnesota, who joined Mercury Public Affairs, a lobbying firm, after leaving Congress; and Tony Podesta, a high-powered Washington lobbyist whose brother, John D. Podesta, was the chairman of Hillary Clinton’s 2016 presidential campaign.

Source: https://www.google.com/amp/s/www.nytimes...
Comment: Contrary to media speculation that Robert Mueller is closing in on President Trump, the special prosecutor’s plea deal with Trump’s personal lawyer Michael Cohen offers further evidence that the Trump campaign did not collude with Russians during the 2016 election, according to congressional investigators and former prosecutors.
Comment: Nice to see the past 3 Presidents and their respective cabinets memebers all together in one place...
Comment: As we honor the death GHWB.
Comment: ***Checkmate?
Comment: What did Comey say during his House testimony about if DJT and investigations?
Comment: ***What did Comey’s testimony say in regards to DJT being under investigation?

***Please excuse typos...
Comment: Futures: 2,649...
Comment: The Futures are crashing...
Comment: Vix at 20?
Comment:
Comment:
Comment: Watch out below...

Logical?

Why?
Comment:
Comment:
Comment: Higher Wave 3 is looking to be extended.
Comment:
Comment: Key Level: 2648
Comment:
Comment:
Comment:
Comment:
Comment: Sub-Waves look extremely horrible....
Comment: NYT: The cases cut across party lines, focusing on both powerful Democratic and Republican players in Washington, including one whom Mr. Trump has repeatedly targeted — the Democratic superlobbyist Tony Podesta. Source above.
Comment: Internal Facebook documents released by a U.K. parliamentary committee offer the clearest evidence yet that the social network has used its enormous trove of user data as a competitive weapon, often in ways designed to keep its users in the dark.
Parliament’s media committee accused Facebook on Wednesday of cutting special deals with some app developers to give them more access to data, while icing out others that it viewed as potential rivals.
Comment: Let me be clear this is NOT a political analysis...

This analysis is simply trying to find POTENTIAL downside catalysts before they occur so viewers can PROFIT. Fibonacci time + Spirals + Wave Thoery can predict stock movements to a very high level of accuracy.

The articles I post are in my opinion notable to be a POTENTIAL downside catalyst. Not political, Not endorsing, just articles that I think should be in my peripheral vision.

I hate politics and am not affiliated with either party.
Comment: Market Crash because the CFO of Huawei was arrested?


https://www.nytimes.com/2018/12/05/busin...
Comment: ***So, market is crashing because the CFO to Huawei was arrested?

Not logical to me...
Comment:
Comment: Sub-Wave 1 Extended

Higher Degree Wave 1 in Wave 3 is likely to extend...
Comment:
Comment:
Comment: So, Wave 3 down has begun....

Wave 3 is the most likely wave to extend...

How can you know that the third wave has started?

You will see prices moving up (or down) suddenly and swiftly. When you look at the chart, you can immediately see that the third wave is steeper than the first wave. Volume will typically increase during the third wave.

Now there are a few additional points that you should take note here. As already mentioned, the third wave cannot be the shortest of the three impulse waves. This means it can be shorter than wave 1, provided wave 5 is shorter still. So you cannot conclude that what is finishing is not a third wave merely on the fact that it is shorter than the prior wave 1. It could be that wave 1 had extended, and hence wave 3 was a normal wave. That brings us to the question, ‘what is a normal wave 3’? A normal third wave should typically respect the relationship that internal waves bear to each other. What are these relationships? It is normal for any two impulse waves to tend to equality. For example, waves 1 and 3 could be equal, or waves 3 and 5 could be equal, or waves 1 and 5 could be equal. When I say equal, bear in mind that this is an approximation. So inside a normal third wave you will observe such a relationship...
Comment: If wave three (now we are talking of the bigger wave 3) travels beyond the equality measure of wave 1, then the next likely target will be 123.6% of wave 1, or 161.8% of wave 1. So long as wave 3 does not go farther than 161.8% of wave 1, then we will assume that this was a ‘normal’ third wave.
Comment: What happens when a third wave goes beyond 161.8% of wave 1? In this case, we will conclude that wave 3 was undergoing an extension! How far can an extension travel? Honestly, there is no way one can tell in advance (which is another reason why you should not rush to take profits if you are on board a third wave, because who knows, it could extend tremendously, and make you stinking rich!) However, beyond the 161.8%, typically one will see the market pausing for breath at the 200%, 261.8% and 300% measures of wave 1.
Comment:
Comment: 2648 has been broken...
Comment:
Comment: This looks to be Sub-Wave 1 of Higher 3rd...
Comment: Wave 3 and Wave 5 have trended near equality...
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment: Retrace <.382..

Implied Extension...
Comment:
Comment:
Comment:
Comment: We had a ZigZag Correction...

S2 of higher Wave 3 was weak...

Minuscule Sub-Wave 3 and Sub-Wave 5 Extended as well...

All signs that this is far from over...
Comment: Vix still didn't spike...
Comment:
Comment: Watch Futures...
Comment: The email exchanges included then-FBI Director James Comey, key FBI investigators in the Russia probe and lawyers in the DOJ’s national security division, and they occurred in early to mid-October, before the FBI successfully secured a FISA warrant to spy on Trump campaign adviser Carter Page.

The email exchanges show the FBI was aware — before it secured the now-infamous warrant — that there were intelligence community concerns about the reliability of the main evidence used to support it: the Christopher Steele dossier.

The exchanges also indicate FBI officials were aware that Steele, the former MI6 British intelligence operative then working as a confidential human source for the bureau, had contacts with news media reporters before the FISA warrant was secured.

The FBI fired Steele on Nov. 1, 2016 — two weeks after securing the warrant — on the grounds that he had unauthorized contacts with the news media.

But the FBI withheld from the American public and Congress, until months later, that Steele had been paid to find his dirt on Trump by a firm doing political opposition research for the Democratic Party and for Democratic presidential candidate Hillary Clinton, and that Steele himself harbored hatred for Trump.
Comment: “If these documents are released, the American public will have clear and convincing evidence to see the FISA warrant that escalated the Russia probe just before Election Day was flawed and the judges misled,” one knowledgeable source told me.

Congressional investigators also have growing evidence that some evidence inserted into the fourth and final application for the FISA — a document signed by current Deputy Attorney General Rod Rosenstein — was suspect.
Comment:
Comment:
Comment:
Comment: The answer to the second question may reside in 6,000 pages of evidence attached to a whistleblower submission filed secretly more than a year ago with the IRS and FBI.

That evidence was assembled by a private firm called MDA Analytics LLC, run by accomplished ex-federal criminal investigators, who alleged the Clinton Foundation engaged in illegal activities and may be liable for millions of dollars in delinquent taxes and penalties.

In addition to the IRS, the firm’s partners have had contact with prosecutors in the main Justice Department in Washington and FBI agents in Little Rock, Ark. And last week, a federal prosecutor suddenly asked for documents from their private investigation.

The 48-page submission, dated Aug. 11, 2017, supports its claims with 95 exhibits, including internal legal reviews that the foundation conducted on itself in 2008 and 2011.

Those reviews flagged serious concerns about legal compliance, improper commingling of personal and charity business and “quid pro quo” promises made to donors while Hillary Clinton was secretary of State.
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment: Sub-Wave 5 is looking to extend as well
Comment:
Comment: .618 broke...for S5
Comment: Crash ahead....
Comment:
Comment:
Comment:
Comment:
Comment:
Comment: Acceleration down should be beginning momentarily...
Comment: Something big is about to drop...

Move down is imminent...
Comment:
Comment: CRASH ALERT!
Comment:
Comment:
Comment: 5th expected to be extended (Yellow Box)
Comment: Price line resting Wave 1...
Comment: Also, could be counted as an ABC. Like below...

Comment:
Comment:
Comment:
Comment:
Comment:
Comment: Correction over...
Comment: Buckle up...
Comment:
Comment:

Wave 2 Retrace = .618 = Normal
Comment: Wave 3 Beginning...
Comment:
Comment:
Comment:
Comment: Wave 1 and Wave 3 cannot trend near equality....

Wave 3 must extend...
Comment: Don't know what the catalyst will be but it will have to be something big....
Comment: Past articles posted could be potential catalyst...
Comment: Hanging on the edge...

Comment:
Comment:
Comment: So close to breaking...
Comment:
Comment:
Comment: 2Hrs...
Comment: Major Catalyst could occur over the weekend...
Comment: Robert Mueller and Leakin’ Lyin’ James Comey are Best Friends, just one of many Mueller Conflicts of Interest. And bye the way, wasn’t the woman in charge of prosecuting Jerome Corsi (who I do not know) in charge of “legal” at the corrupt Clinton Foundation? A total Witch Hunt…

— Donald J. Trump (@realDonaldTrump)
Comment: This is going to be extremely ugly...

No way to sugar coat it (SP500 Crash)...
Comment: Where did the missing Trillions, yes, Trillions go to from the Pentagon?
Comment: Fact: Trillions went missing from the Pentagon.
Comment: What technology companies received money from the DoD and Pentagon?
Comment: The National Security Agency paid millions of dollars to cover the costs of major internet companies involved in the Prism surveillance program after a court ruled that some of the agency's activities were unconstitutional, according to top-secret material passed to the Guardian.

The technology companies, which the NSA says includes Google, Yahoo, Microsoft and Facebook, incurred the costs to meet new certification demands in the wake of the ruling from the Foreign Intelligence Surveillance (Fisa) court.
Comment: ***FISA
Comment: Expand your thinking...
Comment: House of Cards...
Comment:
Comment: 5th on .618 line...
Comment: 2 hours almost up...
Comment:
Comment: Broke .618...
Comment: Drop NOW....
Comment:
Comment: Lots or rumors going around right now...
Comment: Watch Futures...
Comment:
Comment: Overview...
Comment: Fib Time - Increasing...

500 days now...

Comment: Fib Extension of Wave 1 & 2

Comment: Next week...

The Fall?

Have a great weekend!

Will be updating...
Comment: Fib Spiral Estimate for Terminal 3rd...

Comment:
Comment: Only thing that would stop SPY from crashing Monday would be a complex correction...
Comment: Futures should be able to tell us...

2653...
Comment:
Comment:
Comment:
Comment: France is experiencing a fourth weekend of Yellow Vest protests.

The government has deployed 89,000 police across the country.

In Paris, the epicenter of the protests, 8,000 police and a dozen armored vehicles have been mobilized.

Museums, tourist sites, department stores and many metro stations in Paris are closed on Saturday.

Deputy interior minister Laurent Nunez said an estimated 31,000 people were demonstrating nationwide.
Comment: France is in the throes of violent riots that could mutate into a revolution and bring down President Macron, yesterday’s European Man of Destiny. Germany is suffering a leadership crisis brought on by Merkel’s reckless decision to invite the Middle East into the continent. Italy is engaged in a bitter struggle between its populist government and the increasingly autocratic European Commission over an economic policy that has repressed Italy’s growth for 20 years. Hungary and Poland are also at odds with Brussels. And half the continent is dragged down by the weight of a falling Euro.

Today’s EU bears little or no similarity to the new European superpower that has been glimpsed fitfully in our dreams of the future since 1989. It is extraordinary that May should be pressing her reluctant nation to remain inside a crumbling undemocratic polity as a vassal state with no right of exit.

https://www.nationalreview.com/corner/th...

***EU on death watch...
Comment: Comey, who appeared under subpoena, announced after the meeting that he would return for more questioning Dec. 17. Appearing annoyed, he said “we’re talking about Hillary Clinton’s emails, for heaven’s sake, so I’m not sure we needed to do this at all.”

A transcript of the interview, expected to be released shortly, “will bore you,” Comey said.

Two GOP-led committees brought Comey in as they sought to wrap up a yearlong investigation into the department’s decisions in 2016. Republicans argue that department officials were biased against Donald Trump as they started an investigation into his campaign’s ties to Russia and cleared Democrat Hillary Clinton in the probe into her email use. Comey was in charge of both investigations.

Source: https://www.apnews.com/734284dd1aa746c19...
Comment: WASHINGTON – Former White House chief of staff John Kelly, who was assigned to bring a level of discipline to President Donald Trump’s often chaotic administration, is leaving the post after internal tensions increasingly spilled into public view in recent months, Trump said Saturday.

Kelly's decision ends a tumultuous 17-month tenure in which he tried, but largely failed, to bring a Marine Corps-style order to a White House that has hewed more closely to the freewheeling management style Trump embraced as a New York businessman.

Trump brought Kelly into a White House riven by internal feuds in July 2017. Weeks after ousting Scaramucci, Kelly orchestrated the departure of senior adviser Steve Bannon, an architect of Trump's campaign who clashed with other members of the staff.
Comment: Hypothetical:

Team A: Wants to prove/persuade to the world that Trump colluded with Russia
Team B: Wants to prove/persuade to the world that their is a shadow government rife with corruption

If I/You were playing in this grand chess game and the goal is to prove/persuade to the American public that there really is a shadow government how would I/you go about doing it?

And vice versa

If I/You were playing in the grand chess game and the goal is to prove/persuade to the American public that Trump colluded with Russia to win the 2016 election how would I/you go about doing it?
Comment: If I was...

Team B (Russia): Infiltrate Trump campaign/White House and track communications to spot/reveal and/or setup Russian connections.

Team A (Shadow Gov): Anticipate bad actors in campaign/White House and place in highest levels of office. Let the bad actor serve office and wire-tap communications.
Comment: With his decision to replace VA Secretary David Shulkin, President Trump is once again setting records for turnover. No elected first-term president in the past 100 years has had this much Cabinet turnover this early in his presidency. And since the establishment of the secretary of Veterans Affairs as a Cabinet position in 1989, Shulkin has served the shortest of any secretary, with the exception of those who came on board to serve out the tail end of a president's term.

Trump's willingness to say "you're fired" (or to have someone else say it) to so many people, so early in his administration, is just another way Trump is unlike those who have come before him. In addition to his Cabinet, the churn in top-level staff in the Trump White House is also off the charts.

"There will always be change, and I think you want to see change," Trump said on March 15, not quite tamping down the latest rumors of possible Cabinet departures. "And I want to also see different ideas."

Comparing numbers

In just 14 months on the job, Trump has had more Cabinet turnover than 16 of his predecessors had in their first two years. With Shulkin's exit, Trump has now tied Ronald Reagan, who had four Cabinet departures — and they all came well into his second year in office.

Comparing numbers

In just 14 months on the job, Trump has had more Cabinet turnover than 16 of his predecessors had in their first two years. With Shulkin's exit, Trump has now tied Ronald Reagan, who had four Cabinet departures — and they all came well into his second year in office.

Several other members of the Cabinet are either clouded in controversy over possible misuse of public funds or otherwise earning the ire of President Trump. Other presidents with early Cabinet turnover saw departures for entirely different reasons.

Source: https://www.npr.org/2018/03/19/594164065...
Comment: Google back on the Calendar for Dec. 11th.

https://judiciary.house.gov/hearing/tran...
Comment: Comey testimoney: https://judiciary.house.gov/wp-content/u...
Comment: Director Comey, I'd like to ask you some
questions about the events surrounding your July 5th, 2016, press
conference to announce your decision not to charge Hillary
Clinton for the mishandling of classified information.

One of the things that happened the week before that press
conference was, on June 27th of 2016, a meeting between Attorney
General Lynch and former President Bill Clinton, a meeting that
got a lot of attention. Do you recall that?

Mr. Comey: I do recall press coverage of a meeting on June
27th.
Mr. Ratcliffe: one thing I have to make sure is clear.
You said my decision not to prosecute Hillary Clinton. I made
a recommendation on behalf of the FBI to the Department of
Justice. I just want to make sure that's precise. I do recall the coverage around that meeting.
Mr. Ratcliffe:
And that is a meeting that took place on
a tarmac in Phoenix, Arizona?
Mr. Comey:
That's my recollection, yes, sir.
Mr. Ratcliffe: Do you agree that any discussion
about the Hillary Clinton mishandling classified information
investigation, as you called it today, between the Attorney
General and the spouse of the subject of the investigation would
have been inappropriate?
Mr. Ratcliffe:
Highly unusual for an Attorney General to
meet with the spouse of the subject of one of her investigations.
Do you agree with that?
Mr. Comey:
I would agree with that.
Comment: During a March 2018 interview on Lou Dobbs’s Fox Business Network show, GWU professor Jonathan Turley made some incredible comments about Attorney General Jeff Sessions’ decision to appoint U.S. Attorney John Huber to investigate potential government wrongdoing during the Obama administration that few appreciated at the time. Turley said that by having Huber work with the Department of Justice, the administration is combining all the work of the DOJ inspector general and previous investigations, with an active prosecutor who can quickly bring charges, seek indictments, and get results for President Trump -- far more quickly than a second special counsel could. Many Republican lawmakers have called for a second special counsel to investigate concerns about the Mueller probe with regard to FISA abuse and the Steele dossier, but Turley argues that this method will bring faster results.

“I think did the right thing here,” said Turley. “I think the president should listen to General Sessions on this one.”

Sessions “can always appoint a special counsel,” Turley explained, but that should not even be necessary because Huber “has the ability to prosecute cases.”



“Do these prosecutors have the same power to investigate and get to the bottom of things that a special counsel would have?” Varney asked.

“Actually, yes,” Turley answered. “I think people are missing what could be a brilliant move here by Sessions. What he did is he essentially combined the powers of the inspector general with the powers of a line prosecutor.”

“This prosecutor does have not just the experience and training to look for a criminal case; he has the ability to move a case of that kind” in court, Turley emphasized.

Not only that, but if Sessions believes crimes were committed, but Huber for some reason does not bring charges, “Sessions has reserved the right to go ahead and appoint a special counsel,” said Turley.

“That’s a powerful combination,” he observed.
Comment: Source: https://www.realclearpolitics.com/video/...

When does Huber testify to the House?
Comment: Since late October, more than 9,000 sealed indictments have been filed in districts across the United States. Sealed indictments are typically used in prosecuting individuals or criminal networks in cases where revealing names could lead individuals to flee or destroy evidence.

As of Dec. 22, 2017, there were 9,294 sealed indictments, according to data collected by researchers and gathered from the Public Access to Court Electronic Records (PACER) service of the federal judiciary. This includes 1,224 in the central district of California, which includes Los Angeles; 194 in Washington; and 248 in the southern district of New York.

The number of indictments filed in less than three months is in stark contrast to previous years. According to a 2009 report from the Federal Judicial Center, in all of 2006, there were only 1,077 sealed indictments, and these were about 0.96 percent of all criminal cases that year.

According to Marc Ruskin, a former FBI undercover agent and author of “The Pretender: My Life Undercover for the FBI,” it’s unclear whether the current sealed indictments are connected, but the high number is something he never saw in his 27 years as an agent.

***What is the current sealed indictment count?

Pacer.gov:

Public Access to Court Electronic Records (PACER) is an electronic public access service that allows users to obtain case and docket information online from federal appellate, district, and bankruptcy courts, and the PACER Case Locator. PACER is provided by the Federal Judiciary in keeping with its commitment to providing public access to court information via a centralized service.
Comment: Session's letter about Huber: http://cdn.cnn.com/cnn/2018/images/03/29...

Congress created the Department’s Office of the Inspector General explicitly for the purpose of, among other things, investigating alleged violations of criminal and civil laws by Department employees, including actions taken by former employees after they have left government service. The Inspector General’s jurisdiction extends not only to allegations of legal violations, but also to allegations that Department employees violated established policies as well.

To carry out these duties, Title 5 of the United States Code provides the Inspector General with broad discretion and significant investigative powers. The office currently employs approximately 470 staff, a significant number of whom are lawyers, auditors, and investigators who may exercise wide discretion on matters under their jurisdiction. If the Inspector General finds evidence of criminal wrongdoing, he may refer it to a United States Attorney who can then convene a grand jury or take other appropriate actions. To be clear, the Inspector General has the authority to investigate allegations of wrongdoing, collect evidence through subpoena, and develop cases for presentation to the Attorney General and the Deputy Attorney General for prosecution or other action.
Comment: ***470 lawyers, auditors, and investigators...
Comment: Puzzle pieces coming together yet?
Comment:
Comment: Key Levels in Yellow box

Yellow box = Normal Retracement
Comment:
Comment:
Comment: Buckle Up...
Comment:
Comment: Yellow is Normal
Green is Extension
Comment: Sub-Waves

Comment:
Comment:
Comment:
Comment:
Comment: S1 - Extended - Retrace <=.382

Expect Higher to extend...
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment: Sub-Wave 3 was Normal

Higher Wave expected to be Normal
Comment:
Comment:
Comment: Fib Spiral Support that was holding SPY from falling has definitively broken...

No support below...
Comment:
Comment: Note Price line...
Comment: Is this analysis not accurate...

Keep getting dislikes...
Comment: Must be snowflakes...

:)
Comment:
Comment:
Comment: Corrected Wave Count above...
Comment:
Comment:
Comment: Market just gave an opportunity to add puts...
Comment:
Comment:
Comment: correction over...
Comment:
Comment: Market is about to turn hard...
Comment: Current Wave count...

Comment: Current Count (5Min)

Comment: We did have a complex correction...

Comment:
Comment: Complex Corrections imply that the next move (Down) will be strong...

The longer the fall is delayed the worst it becomes...

Both Correction sequences are complete.
Comment: Look to Fib Spirals for Hypothetical Price-Action...

Comment: Mr. Pichai will be thrust into the political spotlight when he testifies at his first Congressional hearing on Tuesday. Members of the U.S. House Judiciary Committee are expected to grill the executive on a range of topics, including Google’s handling of user data and its development of a search engine that would comply with China’s strict internet censors. He agreed to GOP requests to appear before the committee prior to the 2018 election.
Comment: Lawmakers have held hearings in recent months discussing the need for stronger federal protections governing the collection of online data and state attorneys general have begun coordinating a legal strategy to confront tech firms on alleged antitrust violations and over what some Republicans say is a suppression of conservative speech.
Comment: cultivated powerful political allies such as former President Barack Obama and held sway with both parties in Congress. During the Obama years, Google defeated an antitrust probe by U.S. regulators and secured favorable policies on net neutrality, online liability and copyright issues.
Comment: like when he traveled to Tennessee in February to attend a groundbreaking of a new data center with GOP Sen. Bob Corker.
Comment: ***Senator Corker NOT seeking re-election
Comment:
Comment: Don't fall for the head-fake...
Comment:
Comment: We are on the 3rd ABC sequence (Complex Correction)
Comment: ZigZag-Flat-ZigZag
Comment:
Comment: The current ZigZag is in Wave C...

Looking to see what happens when it is completed...

Wave C needs 5 Sub-waves...
Comment:
Comment: Counting 5 Sub-waves in C

Corrections over?
Comment:
Comment:
Comment: X marks the beginning of a new corrective sequence (ABC)
Comment:
Comment:
Comment:
Comment: Corrections look to be over...

Wave developing...

Reminder: Waves can always fail (Miracles can happen)

Based on the Complex Correction the move down should be strong...
Comment: I think you take away from the companies. All that data they have is put in a public trust. They can use it. And people can opt in and opt out. That trust is run by an independent board of directors. It just can't be that the sole proprietors of this data,” Bannon told CNN’s Reliable Sources newsletter.

Bannon also attacked the executives of Facebook, Twitter, and Google, calling them “sociopaths” and “complete narcissists.”

“These people ought to be controlled, they ought to be regulated,” he said. “These people are evil. There is no doubt about that.”

Source: https://www.washingtonexaminer.com/news/...
Comment: Notable Flashback - Relevant
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment: Complex correction...

X is the beginning of another ABC sequence....
Comment: Correction...

Not complex...

Did Not pass wave C 264.72
Comment:
Comment:
Comment:
Comment: EFF, as part of a coalition of over sixty other human rights groups led by Human Rights Watch and Amnesty International —still have questions for Sundar Pichai, Google’s CEO. Leaks and rumors continue to spread from Google about “Project Dragonfly,” a secretive plan to create a censored, trackable search tool for China. Media reports based on sources from within the company have stated that the project was being readied for a rapid launch, even as it was kept secret even from Google’s own security and privacy experts.

These stories undermine the vague answers we were given in previous correspondence. On the eve of Pichai being called before the House Judiciary Committee, we have re-iterated our profound concern, and jointly called upon Google to halt Project Dragonfly completely.
Comment: But under Pichai’s leadership, Google appears to have ignored not just outside advice; the company has apparently ignored the advice of its own privacy and security experts. An Intercept article based on statements made by four people who worked on Project Dragonfly noted that Google’s head of operations in China “shut out members of the company’s security and privacy team from key meetings about the search engine … and tried to sideline a privacy review of the plan that sought to address potential human rights abuses.”

If that description is accurate, Google is throwing out not just human rights experts and Congress’ own advice regarding its entry into China; it’s throwing away its own engineers’ guidance.
Comment: Big Drop imminent....
Comment: Apologies...

Corrected Chart....

Comment:
Comment:
Comment: Flat Correction indicated from Wave A (3 Sub-Waves)
Comment: B Travels back to A beginning...

C travels back to A Terminal...
Comment: B comes down to Wave A beginning in 3 Sub-Waves...
Comment: We are in Wave B now...
Comment:
Comment: Next 35 days are going to be very interesting...
Comment:
Comment:
Comment:
Comment: Wave B complete.
Comment:
Comment: Wave C needs 5 Sub-Waves...
Comment:
Comment: Fib Extension 0-A-B = Wave C Terminal Targets...
Comment: Flat correction C Waves usually terminate near the 100% level of Fib Extension 0-A-B
Comment:
Comment:
Comment: Above: Fib Extension 0-A-B

100% Level = Target for Terminal C
Comment:
Comment:
Comment: Pentagon lawyers designing historic military tribunals to try terrorists are poring over history books and legal tomes for guidance.

While U.S. law permits the executive branch to design the commissions with few restrictions, even with little regard to precedent, officials drafting the rules are reportedly keeping history in mind.
Comment: White House officials say the administration is carefully studying the rules and procedures used at the Nuremberg trials, which resulted in the indictment of scores of Nazi officials and organizations charged with abetting the Nazi effort. The Nuremberg trials were distinct from military tribunals established in the United States in that they used high-ranking civilians as judges.
Comment: Graham Questions SCOTUS Nominee Kavanaugh:
Link: https://m.youtube.com/watch?v=4uJXFgL-wa...

24:00 minute mark (Notable)
Comment: Link to notable old article: https://abcnews.go.com/US/civilians-serv...

Reminder: POETENTIAL downside, just for my peripheral...
Comment:
Comment: C Wave looks to be complete...
Comment:
Comment: Preliminary indications are the breach was conducted by hackers affiliated with the Chinese Ministry of State Security, said the people, who spoke on the condition of anonymity to reveal information not yet ready for public release. The MSS, an intelligence and security agency, has been behind many of the Chinese government intrusions into sensitive U.S. networks in recent years.
Some U.S. intelligence officials believe that the breach was conducted to enrich the massive Chinese data sets on U.S. and other citizens that have been amassed for years, the people said. Such breaches include the 2015 Office of Personnel Management intrusion, which compromised the personal data of more than 20 million government employees, family members and applicants, and also information collected during Chinese breaches of health care institutions such as Anthem and CareFirst
Comment: Many in Washington see the Justice Department’s orders and convictions as part of a sincere effort to rid the world of corruption, uphold fair business practices, and check the influence of authoritarian governments. But others will call the department’s collective actions a racist, imperialist crusade to arrest the decline of American influence.

Sabrina Meng ‘issued 7 passports from China and Hong Kong’

This debate will rage on now that Meng’s predicament has the world’s attention. But it is important to be aware that it won’t just be Americans versus Chinese.

As a self-proclaimed expert in the “art of the deal”, Trump is fond of brass-tacks negotiations, and this proclivity requires bargaining chips. So we should expect Meng, Xu or Ho, or perhaps all three of them, to become pawns in the US-China stand-off over the trade imbalance and market access, regardless of how much the Justice Department wants convictions and is seeking to keep a distance from geopolitics.
Comment:
Comment:
Comment: Correction is over....
Comment: Wave Down beginning...
Comment: Wave 2 (ABC) retraced 100% of Wave 1
Comment: Yellow box = Normal Wave 3 Target
Comment: Sub-wave 3 of Higher Wave 3 extended....
Comment: ****Sub-Wave 3 of Higher Wave 1 extended
Comment:
Comment:
Comment:
Comment:
Comment: Sub-Wave 1 + Sub-Wave 3 = Normal
Comment:
Comment: Sub-Wave 4 Violated the price area of Sub-Wave 1
Comment: Either...

1 - Complex Correction
2 - Expanding Diagonal
Comment: Remember the rule which says that wave 4 in an impulse wave cannot overlap the top of wave 1? Well, there is one exception to this rule. Every now and then, either wave 1 or wave 5 will take the shape of a wedge. Elliott has called this formation a Diagonal Triangle. A diagonal triangle differs from a regular (horizontal) triangle in that it slopes in the direction of the trend. So when the eventual breakout happens, the next move will be in the opposite direction.
Comment:
Comment:
Comment: Hanging by a thread...
Comment: Need a catalyst...
Comment:
Comment: Above: Completed Wave Count...
Comment: A very high-profile figure has been convicted of a serious crime this week, but suppression orders have prevented Australian media outlets including Daily Mail Australia from reporting on it.

The well-known person has attracted significant media attention throughout their trial, and was only convicted on Tuesday.

The conviction came on the second attempt, after a jury could not decide a verdict during an earlier trial.

The Victorian County Court first brought in the suppression order after the first trial.
Comment:
Comment: Watch for the turn...
Comment:
Comment:
Comment:
Comment: May day...
Comment:
Comment:
Comment:
Comment:
Comment: Wave in development...
Comment:
Comment:
Comment:
Comment:
Comment:
Comment: 1HR View:
Comment: Looking very grim....
Comment:
Comment:
Comment: Daily Chart:
Comment: 6 days...

Dec. 17 - Dec. 18

Notable Fib Time

Comment:
Comment: Above: Targets

Yellow = Normal

Green = Extension (If it is hit in anyway then Wave 3 is Extending)
Comment: According to the chart, we are about to get a storm of bad news...
Comment: A trove of documents on the Clinton Foundation alleging possible pay for play and tax evasion have been turned over to the FBI and IRS by several investigative whistleblowers, who will be testifying in an open hearing before the House Oversight and Government Reform Committee Thursday, according to the committee and lawmakers.

Roughly 6,000 documents that are expected to reveal the nearly two year investigation by the whistleblowers with a private firm called MDA Analytics LLC, which allegedly turned over the documents more than a year and half ago to the IRS, according to John Solomon, who first published the report last week in The Hill.

The whistleblowers are former federal criminal investigators, who allege that the Clinton Foundation was “engaged in illegal activities and may be liable for millions of dollars in delinquent taxes and penalties,” according to Solomon.

The Department of Justice and the FBI’s Little Rock, Ark. field office, which is believed to be investigating the foundation, have allegedly obtained the documentation from the whistleblowers as well, according to lawmakers who’ve spoken with the whistleblowers.
Comment: William D. Campbell’s story was first published by this reporter in 2017. He turned over more than 5,000 documents and detailed daily briefs to the bureau when he served as a confidential informant reporting on Russia’s nuclear giant Rosatom. Campbell worked as an energy consultant, gaining the trust of Russians and providing significant insight into Russia’s strategic plans to gain global dominance in the uranium industry. He reported on Russian’s intentions to build a closer relationship with Obama administration officials, to include then Secretary of State Hillary Clinton, as reported. The documents he turned over to the DOJ, which were reviewed by this news site, showed Campbell had also provided highly sensitive information both related to the uranium case, as well as other intelligence matters, since 2006.

Special Counsel Robert Mueller was the director of the FBI at the time Campbell was a confidential informant and according to Campbell the information was briefed to Mueller by his FBI handlers.

“(Mueller) received the documents, copies of which I still have, over a period of years and ignored a national security threat to the United States because of his political preference,” said Campbell, who said he is frustrated that the investigation into the Clinton Foundation and the other information he provided was apparently ignored years ago.

“These men were in charge of transport of nuclear materials (inside the United States) while committing criminal activity here in the United States and signing major US utility contracts,” said Campbell, referring to the information he provided the FBI on the American company Transportation Logistics International, also known as TLI, was the primary transport company for Russian enriched uranium sold to the United States.
Comment: But Rep. Mark Meadows, chairman of the Freedom Caucus and member of the committee, said this time it will be different. He noted that the investigation is apparently ongoing with the FBI and DOJ and believes the information being delivered for Thursday’s hearing to be ‘explosive’ in nature and may help connect the dots.

Meadow’s told Fox New’s Martha MaCallum Tuesday, “the American people, they want to bring some closure, not just a few sound bites, here or there, so we’re going to be having a hearing this week, not only covering over some of those 6,000 pages that you’re talking about, but hearing directly from three whistleblowers that have actually spent the majority of the last two years investigating this.”
Comment: Reminder of POTENTIAL downside catalyst:
Fed - Death Watch -Rate Schedule -> Corporate Credit
China - 2025 Plan Death Watch
EU - Death Watch
Brexit Disaster
Big Tech Data Collection + Privacy Nightmare
Mueller
Comment:
Comment:
Comment: Price-Action is weak...

Complex Correction looks to be ending...
Comment:
Comment:
Comment:
Comment: Drifting lower...
Comment:
Comment:
Comment: Watching the beginning...
Comment:
Comment: Ignore green arrow...

Higher Wave 1 Target $250.
Comment:
Comment:
Comment:
Comment: Updated Chart...

Had a complex sequence...

Comment: Watch the futures...

Fall imminent...

ABC correction just completed...
Comment: Current Complete Count...

Comment:
Comment: Dec. 5th was the beginning of Cycle Wave 3.
Comment: Correction: Dec. 3rd was the beginning of Cycle Wave 3.

Comment:
Comment: Reminder: SPX Chart

Comment:
Comment: Cyrpto Market Index Vs. SP500

Short SP 500

Long Crypto




Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment: S5 Extension trigger broke....

Expect tomorrow to be ugly...

Primary Wave 3 in Higher Cycle Wave 3 is beginning....
Stay Thirsty My Friends🍾,

The Humble Watcher,
-AB

*Always for Educational Purposes, thoughts and analysis are NOT recommendations. Please consult a financial advisor before investing.*
Is your last chart implying we are not just at the top of our current bull cycle, but are actually turning bearish on a hundred year cycle?
+1 Reply
@mellowde, Super-millennium cycle COULD be over, yes. The Fib Levels are telling me that is the case. I'm not 100% certain, I would say I'm around 70% certain. Rate of technological /tech/the-rate-of-technological-change-is-now-exceeding-our-ability-to-adapt/#
Reply
mellowde TheHumbleWatcher
@TheHumbleWatcher, Thank you so much, and I really love your analysis. Do you have any sense of time horizon for this? Or does this type of analysis not provide for that?
Reply
@mellowde, A long time...I estimated it in this analysis or previous and believe the fib time estimate was over 3,000 days...
Reply
@mellowde, repost from idea: Elliot Rule - Correction will take at least 3,288 days and draw-down will be at least 83.93%

IF this is the end of the Super-Millennium Cycle....
Reply
With all due respect, and as much as I wish the markets would crash, I think it's time to exit shorts. And as much as I want to see a big catalyst, I don't see how any bad news for the corrupt Clintons would affect the markets. IMHO Seems like grasping for straws. Cool technical analysis though.
Reply
@HighlanderTX, It's not just the Clintions...Did you see any of the other downside catalyst? Fed, Brexit, EU....
Reply
@HighlanderTX, But, If you want to go long by all means go long...
Reply
HighlanderTX TheHumbleWatcher
@TheHumbleWatcher, me going long, NOW THAT WOULD BE A CATALYST for the crash. You're welcome everyone :-)