FibMarketWatch

SPY-CRASH IMMINENT-UPDATE

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
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)


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

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

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On Watch for the Fall...
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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...
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Comment: Fall at the bell?
Comment: ABC Correction about done...


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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.
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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...
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Comment: Green Box is the target for S3
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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.
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Comment: Correction over...now to go down.
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Comment: Reminder: The Global Supply Chain and Monetary system is being reset...
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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...
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Comment: 2 Hours...

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Comment: Complex Correction....

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Comment: DECEMBER 5th

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

Not Complex...

Just a long C Wave...

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

Looks like we have an extending 3rd SW

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

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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

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Comment: Looks like the VIX is about to spike....
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Comment: Fed is going to be the Catalyst....
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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...

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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:

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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...

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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?
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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?
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Comment: Fib Extension for S1 & S2

Comment: Target for S3

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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.

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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...

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

Fail between $277 and $278....
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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...
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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.
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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.
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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.
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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...
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Comment: Last call to get out of positions and buy protection....
Comment: Monthly Overview...

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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....
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Comment: Massive Sub-wave 3 extending...
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Comment: Sub-Wave 1 and Sub-Wave 3 extended...

Look for the higher waves to extend...

Not good...
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Comment: No support in sight...
Comment: until $240
Comment: watch the close...
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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?
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Comment: Watch out below...

Logical?

Why?
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Comment: Higher Wave 3 is looking to be extended.
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Comment: Key Level: 2648
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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...
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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.
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Comment: 2648 has been broken...
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Comment: This looks to be Sub-Wave 1 of Higher 3rd...
Comment: Wave 3 and Wave 5 have trended near equality...
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Comment: Retrace <.382..

Implied Extension...
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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.
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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.
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Comment: Sub-Wave 5 is looking to extend as well
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Comment: .618 broke...for S5
Comment: Crash ahead....
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Comment: Acceleration down should be beginning momentarily...
Comment: Something big is about to drop...

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

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Comment: Correction over...
Comment: Buckle up...
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Wave 2 Retrace = .618 = Normal
Comment: Wave 3 Beginning...
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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...

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Comment: So close to breaking...
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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:
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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:
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Comment:
Comment:
Comment:
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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:
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Comment: Wave in development...
Comment:
Comment:
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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:
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Comment:
Comment: S5 Extension trigger broke....

Expect tomorrow to be ugly...

Primary Wave 3 in Higher Cycle Wave 3 is beginning....
Comment: Review...

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Comment: Key Level:


$253.42 - Triggers extension if broke....
Comment:
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Comment:
Comment: $253.79 is the magic number....

Extension Trigger....
Comment:
Comment:
Comment:
Comment: Primary Wave 3 - Sub-wave 1 looks to be complete....

Comment: Sub-Wave 2 retrace was weak...
Comment:
S2 retrace = .382

Expect higher degree to retrace .382....
Comment: Expected Retrace and Correction Time-frame =

.382 = $259.42

Estimate of 24 Hours
Comment:
Comment: Primary Wave 3 estimation...

Sub-Wave 1 can be used to get an overall idea of how large the draw-down will be when Primary Wave 3 completes...

We know that 2/3 waves trend near equality...

So we need to measure Sub-Wave 1....
Comment: Sub-Wave 1 = -5.73%

If Sub-Wave 3 trends near equality with Sub-Wave 1 then another 5.73% down will take us to the price level of $239.01....

We also have to remember the rule that states Wave 3 can never be the shortest wave out of the 3 impulse waves...very important....
Comment:
Comment: Review...

Comment:
Comment: We are starting to struggle at the .236 level....

Comment:
Comment:
Comment:
Comment: Correction over...

Wave developing...
Comment: Reminder: Flynn is very important...

Gen. Michael Flynn advocates for the imprisonment of Hillary Clinton over her use of a private email server as Secretary of State at the 2016 Republican National Convention.
Video: https://youtu.be/tx94428MYcc

Flynn's purpose in the Chess Game?
Comment: WASHINGTON — President Barack Obama warned Donald J. Trump against hiring Michael T. Flynn to be part of his national security team when Mr. Obama met with his successor in the Oval Office two days after the November election, two former Obama administration officials said on Monday.

Mr. Obama, who had fired Mr. Flynn as the head of the Defense Intelligence Agency, told Mr. Trump that he would have profound concerns about Mr. Flynn becoming a top national security aide, said the administration officials, who were briefed on the Oval Office conversation. Mr. Trump later ignored the advice, naming Mr. Flynn to be his national security adviser.
Comment: Mr. Flynn’s name came up during a broader discussion about personnel issues, the former administration officials said. Mr. Obama’s concerns about Mr. Flynn, which were first reported by NBC News, were largely about his management of the D.I.A. and PREDATED the later concerns about his contacts with the Russian ambassador, Sergey I. Kislyak.
Comment: Mr. Trump blamed Obama officials on Monday, saying in two Twitter messages that it was his predecessor’s administration that gave Mr. Flynn a security clearance.

“General Flynn was given the highest security clearance by the Obama Administration — but the Fake News seldom likes talking about that,” Mr. Trump said.
Comment:
Comment:
Comment: Key immediate level is $256.27
Comment:
Comment: Broke 1.618/$256.27
Comment:
Comment:
Comment:
Comment: We are about to break....
Comment:
Comment: Market must know that the Fed will hike...

Invert yields...

Trigger credit crisis...

Remember Sears, Toy's R US? First Domino?
Comment: Fed Suicide Watch....
Comment:
Comment:
Comment: $226.06 Key Level...
Comment:
Comment:
Comment: Review...

Comment: We are clearly in a no support zone...
Comment: Only strong support starting around 2,193....
Comment: $2,309.12 triggers an extending 3rd....
Comment: It is likely that we will trigger an extending 3rd based on sub-wave sets...
Comment:
Comment:
Comment:
Comment:
Comment: Correction almost over...
Comment:
Comment:
Wave 2 Retrace = 100% of Wave 1 = Normal
Comment:
Comment: The Trade....

Crypto Market Index Vs. SP 500
Comment:
Comment:
Comment: Wave Developing...
Comment:
Comment:
Comment: We have had a complex correction....

Updated Chart....

Comment: Flat & ZigZag
Comment: Ignore Wave 2 retrace call out....
Comment:
Comment: DOUBLE DOWN ON SHORTS!
Comment:
Comment: ZigZag Wave C - Potential Terminal $259.41
Comment:
Comment:
Comment:
Comment:
Comment: ZigZag is complete...

Wave Developing...
Comment:
Comment:
Comment: BOOM.

:)
Comment: MIC DROP...
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Comment: Final nail in the coffin for the FEDERAL RESERVE.
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Comment: Wave 1 & 3 are Normal
Comment: 1/3 impulse waves usually extend.

Expect a 5th Wave Extension...
Comment:
Comment: 246.07 = 5th Wave Extension Trigger
Comment: WASHINGTON — The Chinese government has detained a third Canadian citizen, escalating a diplomatic crisis in which it is pushing the United States to relent on legal pressure against one of China’s leading technology companies.

Canadian consular officials are providing assistance to the family of the latest detainee, a spokesman for Global Affairs Canada, the country’s foreign ministry, said on Wednesday. The spokesman declined to identify the detainee or provide more details.

A Chinese Foreign Ministry spokeswoman, Hua Chunying, said at a regularly scheduled news conference in Beijing on Wednesday that the ministry had no information on the case.

Chinese security agencies detained two other Canadians, Michael Kovrig and Michael Spavor, on Dec. 10. Chinese officials have suggested in public comments that the agencies are looking into potential national security charges.
Comment: Prime Minister Justin Trudeau of Canada said on Wednesday that the third case did not appear to be related to the other two.
Comment: But on Dec. 13, the Chinese ambassador to Canada, Lu Shaye, explicitly tied the actions when he wrote in an op-ed in the Globe and Mail: “Those who accuse China of detaining some person in retaliation for the arrest of Ms. Meng should first reflect on the actions of the Canadian side. It is both ignominious and hypocritical to revile China with double standards.”
Comment: Mr. Spavor was running a travel business that took people to North Korea, and had helped arrange a trip by Dennis Rodman, the former basketball player, to Pyongyang, where Mr. Rodman met with Kim Jong-un, the young North Korean leader.
Comment: ***Connect the dots...
Comment: Spavor, who is in his early forties and from Calgary in Alberta, first became intrigued by North Korea during a short stay in Seoul in the late 1990s, and lived in Pyongyang for a time in 2005 while working for a Canadian NGO.
Comment: Spavor focuses on introducing foreign businesses to the North, which is subject to multiple sets of sanctions over its nuclear weapons and ballistic missile programmes.
Comment: Michael Spavor is among only a handful of Westerners who met Kim Jong Un between his inheriting power in the North in 2011 and this year's Singapore summit with Donald Trump.

He was instrumental in arranging visits by former Chicago Bull Dennis Rodman to Pyongyang, where the player known as The Worm struck up an unlikely friendship with Kim, on one occasion singing him "Happy Birthday".

Spavor has been pictured sitting next to Kim, sharing cigarettes and cocktails on board the North Korean leader's private yacht, moored off the country's east coast.

Other images show the two grinning broadly, or shaking hands.
Comment: FLASHBACK:

An ousted ambassador, suspended flights, and the recall of thousands of Saudi students in Canada. These are just a few diplomatic sanctions Saudi Arabia has imposed on Canada in the wake of a tweet over jailed Saudi activists by Canadian officials.
Comment: The Saudi Kingdom was less than thrilled about Canada’s “interference”, saying it had no business to meddle in its domestic affairs.

Since Monday, the Middle Eastern country began imposing a flurry of diplomatic sanctions starting with the expulsion of the Canadian ambassador, Dennis Horak, who was deemed “persona non grata” on Twitter by Saudi officials, giving him 24 hours to leave the Gulf country. In tandem, the Saudi ambassador to Canada would also be recalled in light of the spat.

Then, the Saudi government announced it would freeze new trade and investment with Canada. All flights to and from Toronto would be suspended starting August 13, according to state airline, Saudia Airlines.

Next, came as a blow to Saudi exchange students studying in Canada on state-sponsored scholarship programmes, which have been suspended. This could affect 16,000 students who've been urged to study elsewhere. At McGill University, in Montreal, it said they currently have 327 students enrolled from Saudia Arabia.
Comment: ***Canada’s role in the Chess Game?
Comment: NOW:

Saudi Arabia has fallen behind in making payments on its $15-billion arms deal with Canada, a contract that Prime Minister Justin Trudeau has said he’s looking for ways to halt.

The Saudi government was short $1.8 billion in payments to the end of September for light-armoured vehicles assembled at General Dynamics Land Systems Canada (GDLS) in London, according to financial statements from the Canadian Commercial Corp., the federal Crown corporation overseeing the controversial contract.
Comment: Flashback Source: https://www.euronews.com/2018/08/07/saud...
Comment: ***Watch Geo-politics...
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Comment: Cycle Wave 1 = -11.60%
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Comment: Cycle Wave 2 = +8.22%
Comment: Cycle Wave 3 = -11.50% (Not Complete)
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Comment: 99.99% sure we will have an extending 5th Wave here...
Comment: $246.07 will be broken...
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Comment: Just broke the critical 246.07 level
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Comment: Cycle Wave 3 Terminal Target = $209.13

Time-frame: 24 days 21 hours
Comment:
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Comment: Correction over...

Wave developing...
Comment: Review...

Comment: Still in Cycle Wave 3/Primary Wave 3...
Comment:
Comment: Yellow Box = Cycle Wave 3 (Normal)
-$226.06 Extension Trigger
Blue Box = Primary Wave 3 (Normal)
-$233.70 Extension Trigger
Comment: Have a good weekend!

Watch Futures...

Watch Geo-politics...

Watch Government Shutdown...
Comment: Current Wave:

Comment: ***Moves on the Chess Board...

Source: https://www.theatlantic.com/ideas/archiv...

Because you have the right to a Secretary of Defense whose views are better aligned with yours on these and other subjects, I believe it is right for me to step down from my position. The end date for my tenure is February 28, 2019, a date that should allow sufficient time for a successor to be nominated and confirmed as well as to make sure the Department’s interests are properly articulated and protected at upcoming events to include Congressional posture hearings and the NATO Defense Ministerial meeting in February. Further, that a full transition to a new Secretary of Defense occurs well in advance of the transition of Chairman of the Joint Chiefs of Staff in September in order to ensure stability within the Department.

Remember the Hypothetical of Team A and Team B?
Comment: Current Count:

Comment:
Comment: Reminder: Key Extension Level broke - 246.07
Comment: Fasten Seat Belts...
Comment: Sub-Wave Sequences are indicating $233.70 will be broken...
Comment: Review:

Comment:
Comment:

Orange Box = Minor Wave 3 Terminal Target
Comment: 234.14 Triggers Extending Minor Wave 3...

233.70 Triggers Extending Primary Wave 3...

226.06 Triggers Extending Cycle Wave 3...
Comment: 234.14 breaking will trigger a domino effect...

234.14 breaking will break 233.70...

233.70 breaking will break 226.06...
Comment: Current Sub-Wave Count:

Comment: Also, important to note...


Analysis successfully hit first target of $240!!!!!
Comment: Happy Holidays to All!
Comment: WASHINGTON (Reuters) - U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.”
Comment: U.S. stocks have fallen sharply in recent weeks on concerns over slowing economic growth, with the S&P 500 index .SPX on pace for its biggest percentage decline in December since the Great Depression.

“Today I convened individual calls with the CEOs of the nation’s six largest banks,” Treasury Secretary Steven Mnuchin said on Twitter shortly before financial markets were due to open in Asia.
Comment: The Treasury said in a statement that Mnuchin talked with the chief executives of Bank of America (BAC.N), Citi (C.N), Goldman Sachs (GS.N), JP Morgan Chase (JPM.N), Morgan Stanley (MS.N) and Wells Fargo (WFC.N).
Comment: The group, which was also convened in 2009 during the latter stage of the financial crisis, includes officials from the Federal Reserve as well as the Securities and Exchange Commission.
Comment: Wall Street is also closely following reports that Trump has privately discussed the possibility of firing Federal Reserve Chairman Jerome Powell. Mnuchin said on Saturday Trump told him he had “never suggested firing” Powell.

Trump has criticized the U.S. central bank for raising interest rates this year, which could further dampen economic growth. The Fed’s independence is seen as a pillar of the U.S. financial system.
Comment: Mnuchin’s calls come as a range of asset classes have suffered steep losses.

In December alone, the S&P 500 .SPX is down nearly 12.5 percent, while the Nasdaq Composite .IXIC has slumped 13.6 percent. The Nasdaq is now in a bear market, having declined nearly 22 percent from its record high in late August, and the S&P is not far off that level.
Comment: Corporate credit markets have been under duress as well, and measures of the investment grade corporate bond market are poised for their worst yearly performance since the 2008 financial crisis.

The high-yield bond market, where companies with the weakest credit profiles raise capital, has not seen a deal all month. The last time that happened was in November 2008.
Comment: Chief Justice John Roberts stayed a contempt order in a case that likely arose from Special Counsel Robert Mueller’s investigation on Sunday night.

Roberts’ order could mark the first time that the Supreme Court has intervened in the Mueller inquiry.

Very little is known of the case, which reached the justices on Saturday, because the matter has proceeded through the federal courts under seal, meaning strict confidentiality prevails over every detail.

The scant facts which are available about the case are these: a grand jury issued a subpoena to an unnamed company owned by a foreign government some time during the summer of 2018. That firm, referred to in court filings as “the corporation” has been fighting the subpoena in federal court since August.


The U.S. Court of Appeals for the D.C. Circuit released one of the few public filings in the matter on Dec. 18. Since the entity is owned by a foreign government, it sought to quash the subpoena under the protections of the Foreign Sovereign Immunities Act. The D.C. Circuit rejected those arguments, and found that the corporation must comply with the subpoena.

The company appealed that decision to the Supreme Court Saturday. The corporation faces a fine for every day that it fails to abide by the subpoena. (RELATED: Roberts Joins Liberals, Thwarts Trump Bid To Enforce New Asylum Rules)

Roberts’ Sunday night decision temporarily halts the non-compliance fines.
Comment: The Department of Justice must submit a response to the foreign company’s application by Dec. 31.
Comment: Though Mueller’s connection to the case has not been definitively established, several facts indicate the special counsel’s involvement: CNN saw senior Mueller lawyers return to the Justice Department immediately after the conclusion of a recent secret hearing in the matter — an entire floor of the courthouse where that proceeding was taking place was sealed, a highly unusual move.
Comment: The case has moved through the federal courts at an unusual clip. Very few disputes reach the Supreme Court just four months after they arose in a trial court, as is true here.
Comment: Price-Action is extremely poor...

Watch the Extension Levels...

$234.14 is the key level to watch...
Comment: $234.14 key level definitively broke...
Comment: Option three: Mnuchin has some troubling insider knowledge, and he wanted to broadcast to the markets that he is aware and in charge. Maybe some financial firms are teetering? Maybe rising interest rates and falling asset prices are straining some important market participants, and it just has not yet become evident in public reports?
Source: https://www.theatlantic.com/ideas/archiv...
Comment: Daily Review:

Comment: Still in Cycle Wave 3....
Comment: Still in Primary Wave 3 as well....
Comment: Estimated Terminal for Cycle Wave 3 = $219-$222
Comment:
Comment: Minor and Primary Extension Levels for an Extending 3rd Wave have been broken...

Cycle Wave 3 Extension Level for an Extending 3rd = $226.06

Highly likely $226.06 will be broken...
Comment: Current Sub-Wave Count:

Comment: Also, Fib Extension level 1.382 from Cycle Wave 1 & Wave 2 has been broken...

1.382 Level = 234.11
Comment: $226.06 is now the key level to watch...
Comment:
Comment: Wish I had better news...

But, Price-action is still extremely poor...

Cycle Wave 3 looks like it will extend...

Primary Wave 3 is getting closer to being completed but it still has to complete waves 4 & 5....
Comment:
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Comment: Minuscule S5 Target = $227.77 - $221.55
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Comment: Current Count...

Comment: Review:

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Comment: Sub-Wave Count:

Comment: Correction looks to be over....

Wave Developing...
Comment:
Comment: Watch $226.91...
Comment: Added Fib Time to Cycle Wave 3....

Estimated to be complete in 6-7 days....
Comment:
Comment: Primary Wave 3 could be complete...
Comment: But, we have to remember the extension levels were broken....
Comment:
Comment: Not ready to label Primary Wave 3 Complete yet...
Comment:
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Comment: Terminal Primary Wave 3 expected between $233.13 & $226.91...
Comment: And, we still need to complete Primary Waves 4 and 5 in Cycle Wave 3...

This is why I believe we will have an extended Cycle Wave 3...
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Comment: Price-Action is actually worse than originally anticipated...

Might have to lower my second target of $210...
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Comment: Added Spiral for possible primary wave 3 terminal...

Dotted light blue line...

Comment: Key Fib Time Dates:

Jan. 2nd
Comment: Jan. 11th
Comment: Jan. 21st
Comment:
Comment: Still in Cycle Wave 3...

Still in Primary Wave 3...

Minor Wave 4 has completed...

Minor Wave 5 is beginning now...

When Minor Wave 5 completes then Primary Wave 3 will be complete....
Comment:
Comment: Correction is over...

Always have to watch for Complex Corrections...

Complex Corrections are multiple ABC sequences after a Wave Sequence....
Comment:
Comment:
Comment: Don't fall for the head-fake...just a correction...

We have a long way to go...
Comment:
Comment:
Comment: We have a long way to go....

Cycle Wave 1 & 2 are complete....

Cycle Wave 3 is still not complete...

Primary Wave 3 in Cycle Wave 3 is still not complete...

This Cycle Wave Sequence is estimated to last till June 2019....
Comment:
Comment: Everyone is missing the bigger picture of WHY the market is selling off..

Think big....

Think Macro...

Think on a country basis...

World is fundamentally changing...

Re-read analysis...
Comment:
Comment: DHS OIG Issued 89 New Reports in FY2018, Referred 202 Cases for Prosecution

The Department of Homeland Security’s Office of Inspector General uncovered more than $175.1 million in questioned costs and more than $58.7 million in recovered assets, according to a year-in-review recap for fiscal year 2018.

OIG sent out the information on Wednesday. Due to the partial government shutdown, only the conclusions of the OIG’s report were available and not the report itself.

As a result of the 89 new reports that the OIG issued in FY2018, 202 cases were referred for prosecution, 133 federal employees and contractors were indicted, 204 were arrested and 76 were convicted. Of the reports, 318 recommendations were issued, 51 were accepted for prosecution and 44 were declined for prosecution.

The investigations included a DHS employee who left sensitive documentation on a commercial airliner, a DHS OIG manager accused of committing insurance fraud and a U.S. Secret Service manager who “failed to follow Secret Service procedures regarding the inventory and disposal of evidence, misused seized property, and provided inaccurate information to the Secret Service when questioned regarding the matter,” according to an OIG report issued earlier this month.

Source: https://www.hstoday.us/federal-pages/gov...
Comment: Link to DHS OIG press release: https://content.govdelivery.com/accounts...
Comment: Inside Trump's Guantanamo, where military waits for funding for 'enduring mission'
In his first broadcast interview, Guantanamo's Rear Adm. John Ring says without funding from Congress, he'll have trouble caring for aging detainees.

GUANTÁNAMO BAY, Cuba — The newest commander of the U.S. mission in Guantanamo Bay has orders from the Pentagon to stay open for another 25 years and to prepare for new detainees, but he lacks the funding from Congress to pay for it.

In an exclusive interview with NBC News inside one of the detention camps, Rear Admiral John Ring said he waits for word from Washington about whether he will need to expand and if he will have the money to pay it.

The Obama administration's stated goal was to close Guantanamo Bay Prison, or Gitmo. Under President Donald Trump, the detention camp for alleged terrorists is now an "enduring mission," and the Pentagon has asked officials here to plan to stay open another 25 years.

Expanding population?

Funding needs for Gitmo are likely to grow if guards are asked to take in more detainees. So far, the Trump administration has left open this possibility but has made no decision over who to transfer there or when to do it.

Ring says with his current staffing, he could accommodate 40 more detainees. With more funding and staff, he could take in 160. But he worries about an unfunded mandate if the Trump administration decides to drastically increase the population without Congress approving the funding.
Comment: ***Backstory...

***How many Generals did Obama (Code name = Renegade) purge?

FLASHBACK: Obama's Military Coup Purges 197 Officers In Five Years

Defense: What the president calls "my military" is being cleansed of any officer suspected of disloyalty to or disagreement with the administration on matters of policy or force structure, leaving the compliant and fearful.

We recognize President Obama is the commander-in-chief and that throughout history presidents from Lincoln to Truman have seen fit to remove military commanders they view as inadequate or insubordinate. Turnover in the military ranks is normal, and in these times of sequestration and budget cuts the numbers are expected to tick up as force levels shrink and missions change.

Yet what has happened to our officer corps since President Obama took office is viewed in many quarters as UNPRECEDENTED, baffling and even harmful to our national security posture. We have commented on some of the higher profile cases, such as Gen. Carter Ham. He was relieved as head of U.S. Africa Command after only a year and a half because he disagreed with orders not to mount a rescue mission in response to the Sept. 11, 2012, attack in Benghazi.

Rear Adm. Chuck Gaouette, commander of the John C. Stennis Carrier Strike Group, was relieved in October 2012 for disobeying orders when he sent his group on Sept. 11 to "assist and provide intelligence for" military forces ordered into action by Gen. Ham.

Other removals include the sacking of two nuclear commanders in a single week — Maj. Gen. Michael Carey, head of the 20th Air Force, responsible for the three wings that maintain control of the 450 intercontinental ballistic missiles, and Vice Adm. Tim Giardina, the No. 2 officer at U.S. Strategic Command.

From Breitbart.com's Facebook page comes a list of at least 197 officers that have been relieved of duty by President Obama for a laundry list of reasons and sometimes with no reason given.

Nine senior commanding generals have been fired by the Obama administration this year, leading to speculation by active and retired members of the military that a purge of its commanders is under way.

Retired U.S. Army Maj. Gen. Paul Vallely, an outspoken critic of the Obama administration, notes how the White House fails to take action or investigate its own officials but finds it easy to fire military commanders "who have given their lives for their country." Vallely thinks he knows why this purge is happening.

"Obama will not purge a civilian or political appointee because they have bought into Obama's ideology," Vallely said. "The White House protects their own. That's why they stalled on the investigation into Fast and Furious, Benghazi and ObamaCare. He's intentionally weakening and gutting our military, Pentagon and reducing us as a superpower, and anyone in the ranks who disagrees or speaks out is being purged."

Another senior retired general told TheBlaze on the condition of anonymity, because he still provide services to the government and fears possible retribution, that "they're using the opportunity of the shrinkage of the military to get rid of people that don't agree with them or do not toe the party line. Remember, as (former White House chief of staff) Rahm Emanuel said, never waste a crisis."

For President Obama, the military of a once-feared superpower is an anachronistic vestige of an America whose exceptionalism and world leadership require repeated apologies. It must be gutted and fundamentally transformed into a force wearing gender-neutral headgear only useful for holding the presidential umbrella when it rains. It is to be "his" military and used only for "his" purposes.

Source: https://www.investors.com/politics/edito...
Comment:
Comment: Retrace confirmed Primary Wave 3 is Complete in Cycle Wave 3....

Wave 4 almost always retraces to the .382 level...

Comment: Primary Wave 5 in Cycle Wave 3 will begin shortly...
Comment:
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Comment: Above: Added Fib Time to Cycle Wave 3....

Primary Wave 5 is estimated to begin in the next 5 days...

Cycle Wave 3 is estimated to be completed January....
Comment:
Comment: Target for Primary Wave 5 in Cycle Wave 3....

Comment: Note how Primary Wave 5 Target breaks Cycle Wave 3 Extension line...
Comment:
Comment: C Wave = 5 Sub-Waves

Only counting 2....
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Comment: I believe we have 5 Sub-Waves for Wave C....
Comment:
Comment: New Wave Sequence should be developing...

Primary Wave 5 in Cycle Wave 3....
Comment:
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Comment: Minuscule Sub-wave sequence developed...

Retrace to the .382 level expected...
Comment:
Comment: How can we spot the end of a correction? A correction is usually made up of three waves, but the key thing to note is the last wave within a correction should be made up of five waves (for example, if the correction is made up of waves a, b and c, then wave c will be made up of 5 waves). So if you can see a fifth wave finishing on the way up, you are getting close to the end of that move, right?

Next, you watch the market very closely, waiting for a tiny five wave rally. When you get a 3 wave correction of that rally, you will immediately jump on board.

Where will you place your stop-loss order? It will be just below the starting point of the tiny five wave move you spotted. Why? Remember the rule that wave 2 can never go below the start of wave 1? That is why.
Comment: Review: Cycle Wave Sequence

Comment: Review: Primary Waves in Cycle Wave 3

Comment: Key Levels

1. $226.07
2. $222.89
Comment: A Holiday Mystery: Why Did John Roberts Intervene in the Mueller Probe?

We’re about to find out why the chief justice of the Supreme Court decided to get involved in the special counsel’s investigation.
Comment: mysterious grand jury subpoena case has been working itself through the D.C. courts since August. Doughty reporting by Politico linked the grand jury case to special counsel Robert Mueller. Some of us, connecting the dots, wondered whether Mueller’s antagonist in this secret subpoena battle might be President Donald Trump himself. Speculation heightened two weeks ago when the D.C. Circuit cleared an entire floor of reporters assembled for the oral argument, in order to protect the identity of the litigants.
Comment: This month's three-page summary D.C. Circuit decision revealed a fairly dry set of legal issues that just might conceal a juicy core. The dry issues involved matters of jurisdiction and statutory interpretation fathomed only by elite appellate lawyers, but the potentially juicier underlying issues hinted of fascination: Somewhere, a corporation (a bank? a communications firm? an energy company?) owned by a foreign state (Russia? Turkey? Ukraine? United Arab Emirates? Saudi Arabia?) had engaged in transactions that had an impact in the United States and on matters involved in the special counsel’s investigation.
Comment: Intriguingly, the decision revealed that a regulator from Country A had filed a submission claiming that compliance with the subpoena would cause the Corporation to violate Country A’s law. So whoever Country A is, this matter captured its officials’ attention and prompted them to send filings to a faraway country to block the subpoena. Why does Country A care? And, what is it trying to hide?
Comment: So, from the D.C. Circuit's decision we learned that a foreign government was actively involved in blocking Mueller’s investigation. That fact is intriguing enough. In the ordinary course, that should have been the end of it. The state-owned Corporation filed an appeal with the Supreme Court, which receives roughly 7,000 petitions a year but acts in fewer than 200 of them. There was unanimity below — all four judges (the District Court judge and the three Circuit Court judges) had agreed that the Corporation and Country A’s legal claims of sovereign immunity and of contrary foreign law were without merit. There was little reason for judicial watchers to expect anything beyond a quiet return to the grand jury and further proceedings there. We headed off for the holidays.
Comment: And then came Roberts’ surprise Sunday decision. He is the “circuit justice” for the D.C. Circuit, meaning he is the justice assigned to receive emergency and other petitions arising from that circuit. Under Supreme Court rules, the circuit justice may act without consulting his or her colleagues to dispose of routine rulings.
Comment: So rather than consigning this appeal to the discard pile with thousands of others, he has blocked the lower courts’ decisions until he can receive the government’s briefs defending those decisions. Those papers must be filed no later than New Year’s Eve.
Comment: ***No Later than New Years Eve...
Comment: Once he receives the full briefing, he can reject the Corporation’s appeal or he can advance the matter to the full court for consideration.
Comment: Until then, we can only wonder at the remarkable circumstance that the chief justice of the United States has personally intervened, at the request of a foreign government through its corporate entity, in Mueller’s investigation.
Comment: What are we to make of his pre-Christmas intervention on behalf of Country A and the Corporation, and against Mueller’s office? We may know soon. Mueller’s office filed its submission early, on Friday evening. We’ll keep our eyes glued to the docket.
Comment: ***Is Country A an Ally or Foe?
Comment: WASHINGTON (AP) — Cooped up in the White House after canceling a vacation to his private Florida club, President Donald Trump fired Twitter barbs at Democrats on Saturday as talks to end a week-long partial government shutdown remained at a stalemate.
Comment: there has been little direct contact between the sides during the stalemate, and Trump did not ask Republicans, who hold a monopoly on power in Washington for another five days, to keep Congress in session.
Comment: Trump earlier had upped the brinkmanship by threatening anew to close the border with Mexico to press Congress to cave to his demand for money to pay for a wall. Democrats are vowing to pass legislation restoring the government as soon as they take control of the House on Thursday, but that won’t accomplish anything unless Trump and the Republican-controlled Senate go along with it.

Now Democratic leaders are adamant that they will not authorize money for the project, calling it wasteful and ineffective. They show no signs of bending, either.

The White House has not directly engaged in weeks with the House Democratic leader Nancy Pelosi, who has all but locked up the support she needs to win the speaker’s gavel after the new Congress convenes on Thursday.

Pelosi has vowed to pass legislation to reopen the nine shuttered departments and dozens of agencies now hit by the partial shutdown as soon as she takes the gavel.
Comment: ‘That the mystery subpoena could relate to several countries is itself what is significant’
Alex Whiting, professor at Harvard Law School, and former federal prosecutor with the Criminal Section of the Civil Rights Division and the US Attorney’s Office in Boston.
Comment: From the few clues that we have, it seems likely that the subpoena at issue pertains to the Mueller investigation, but it is difficult to know what corporation or company it involves. And that is perhaps what is most striking about this episode: it underscores the broad reach and scope of the Mueller investigation.
Comment: Two possibilities seem realistic’
Paul Rosenzweig, Senior Fellow, R Street Institute, and former senior counsel to Kenneth Starr during the Whitewater investigation.

The official answer is, of course, that nobody knows for sure. But since we are speculating, here are a few pretty interesting clues: 1) The corporation almost certainly doesn’t do a lot of business in the US. If it did, it would be much less likely (and able) to resist. So it’s an overseas organization. 2) It really is owned by a foreign nation—the way the court’s opinion is written suggests that the idea of foreign sovereign immunity was not a make-weight fiction, but a realistic argument. 3) A weaker inference is that the nation controlling the corporation is unfriendly to the US. If they were a close ally they would have given up the information more readily. And 4) It’s relevant to Mueller’s investigation, so it’s unlikely, for example, that the country involved is China, even though it fits the rest of the profile, because nothing related to China appears to be in Mueller’s remit (at least not that we know of publicly).
Comment: ‘This could relate to Russia, Turkey, or UAE’
Barbara McQuade, professor at University of Michigan Law School, and former United States Attorney for the Eastern District of Michigan.

The substance of this opinion is somewhat of a mystery because of the secrecy rules that surround grand jury matters. All we know is that a company that is owned by a foreign government has been subpoenaed to produce documents and now compelled by the court to comply with the subpoena.
Comment: The documents at issue are likely business records of some sort that could shed light on any area of investigation. A grand jury subpoena may be used if there is a reasonable possibility that the information sought is relevant to an investigation. Without seeing the subpoena, it is impossible to know who or what is involved.
Comment: The mystery corporation’s argument is similar to those ‘advanced by Chinese banks’
Nick Akerman, former federal prosecutor in the Southern District of New York and member of the Watergate prosecution team.

My most informed guess is that this was a subpoena for documents from a bank in China or another country that owns a bank and has a branch office in the United States. It would appear that Mueller served a subpoena on a bank in the US (the Corporation) that is the branch of a foreign bank owned by the foreign government in order to obtain records maintained in the bank outside of the US.

The Circuit Court reviewed an “ex parte submission” from the government, presumably Mueller’s office, and found that it “satisfied its burden of establishing a reasonable probability that this ‘action is based upon . . . an act outside the territory of the United States in connection with a commercial activity of the foreign state elsewhere’ and that the act cause a direct effect in the United States.”

The other clue is the claim by “the Corporation” that complying with the subpoena “would require the Corporation to violate Company A’s law.” This is typically the argument advanced by Chinese banks in opposing US civil and criminal subpoenas for customer information held in China. A similar argument might also apply to other countries with state-owned banks.
Comment: The economic wizards at the Fed again raised interest rates on Tuesday. Their cracker jack logic for doing so is to steer America on a course toward recession so they have the tools in hand to end the recession that they themselves created. Can anyone tell us who’s on first?

Worse, this Fed move doubles down on its blunderous interest rate rise in September. President Trump turned out to be exactly right: The central bank pull-back on money would slow growth and crush the stock market in order to combat nonexistent inflation.

The Fed reduced the monetary thrust that it provides to the economy eight times since Dec. 15, 2015, by raising its Fed Funds interest rate from 0.25 percent to 2.25 percent. Each time, the Fed claimed that it needed to guard our economic airliner from inflationary “overheating” — as if its job is to prevent too many people from working and making sure that pay checks aren’t rising too quickly.

On Wednesday, Dec. 19, despite the numerous market-based alarms that were sounding in the cockpit, Chairman Jerome Powell and his co-pilots on the Federal Open Market Committee, a committee within the Federal Reserve System, is charged under the United States law with overseeing the nation’s open market operations.

FOMC voted to raise the Fed Funds rate to 2.50 percent. This sucks more dollars out of the economy at a time when the world is demanding more dollars — thanks to Mr. Trump’s tax cutting and deregulation policies.

Since its peak on Oct. 3, which, not coincidentally, was right after Mr. Powell gave a speech suggesting that the Fed might be through tightening money, the Dow has fallen by more than 3,500 points. Market fears about his bad judgment have cut the value of all U.S. stocks by about $4.5 trillion...

The Fed economists use twisted logic that the economy is “strong enough” to absorb the rate hikes — which is simply an admission that their policy will slow growth.

And for what purpose? Since the last rate hike the economy has slipped into an anti-growth deflationary cycle with commodity prices — oil, copper, cotton, lead, steel, silver among others — falling by about 10 percent. The new Fed policy is sure to accelerate the deflation, and farmers, ranchers, coal miners, oil and gas drillers will get further crunched by the dollar shortage.

Can someone at the Fed Temple please explain how falling commodity prices indicates inflation? Inflation is too many dollars chasing too few goods.

The commodities index is about the only read-out that a monetary pilot truly needs.

And, right now, the CRB Index is blaring “Pull up! Pull up!”

Mr. Powell warned of a slowing economy in 2019 — but he failed to acknowledge that the headwinds the economy is facing are the drag the Fed is itself creating.

What is to be done now? Mr. Trump wants to fire the Fed chairman, though it is doubtful he has the authority to do that. Much better for Mr. Powell to do the honorable thing and admit that his policies have had disastrous economic and financial consequences and resign.

If not this, at least Mr. Powell should hold an emergency meeting of the Federal Reserve Board and immediately cancel the rate hikes. Better yet, the Fed should announce ways to inject money into the dollar-starved economy.

For much of the past two decades, America’s economic problems of slow growth and flat wages were due to the drag of fiscal and regulatory mistakes. Now at the very moment in time when we finally have a president who is slashing tax rates and regulations and is making America a much more business-friendly nation, the Fed’s monetary policy has come unhinged.

We are now suffering the financial ramifications of this “pilot error” on the part of Mr. Powell.

Time for a new pilot at the Fed.
Comment: HAPPY NEW YEARS EVE TO ALL!!!
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Comment: Still in Cycle Wave 3...

Beginning Primary Wave 5 in Cycle Wave 3 now...
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Comment: Remember January Key Fib Time Dates:

2nd

11th

21st
Comment: Strong moves are likely to occur around those dates...
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Comment: Corrected Chart...

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Comment: Like I have said previously, I’m not 100% sure we are at the end of the super-millennium cycle...

But, I always like to remember that chart...
Comment: I think we are about to begin a new Grand Super-Cycle but I think we have a lot of pain to go through...

It will take awhile to set-up the new global supply chain...

A lot of change is underway...
Comment: The Stage is set for 2019.

Mueller Investigation...

Brexit...

Europe on edge...Banks?

Federal Reserve....

China...

Corporate Credit...

Oil...

Crypto...
Comment: Big Tech...
Comment: Welcome to 2019...

Comment: Italy starts a national blockchain board, names 30 experts

National governments are starting to wake up to the potential of blockchain technology, and they have realized they need to understand it better, or be left in the past. On December 27, Italy announced it had assembled 30 experts to help develop a strategy for the country.

The experts come from a broad range of Italian industries, including prominent business people, academics, lawyers, computer scientists, and just about anyone who understands something about blockchain or cryptocurrency. A visit to the Ministry of Economic Development’s announcement provides a complete list, along with biographies of each member.

Italy has had a keen eye towards blockchain technology for some time now. Early this year, the Ministry of Economy and Finance got ahead of most of the world in its move to investigate digital currencies and begin proposing regulation. They’ve also been keen to protect their citizens from crypto scams, cracking down on three start-ups last month for operating without a license, and suspending two other projects for being potentially fraudulent.

Not many politicians can speak to the potential of blockchain, but deputy prime minister Luigi Di Maio can, and he previously stated: “Emerging technologies such as artificial intelligence and blockchain are destined to radically change our lives, the society in which we live and the economic and productive fabric of the country. We have to decide which way to go.”

This 30 expert panel is named just weeks after seven European countries met and agreed to explore using distributed ledger technology to advance their nations. An exciting bit from that agreement stated: “We believe that it is a responsibility of the governments to ensure that their citizens fully understand the potential of emerging technologies and therefore promote and encourage educational programs on such technologies at all levels.”
Comment: I rarely make predictions – whether of election results or anything else. My policy has always been to say what I believe should be done, not what will be done.

I am making an exception with regard to America in 2019.

2019 will be a dark year in America.

Thanks to the left’s control of the House of Representatives and the news media, Americans will be kept in a fevered state throughout 2019 – with innumerable hearings, exposés, criminal investigations and possible indictments of those around the president and the president himself. Truth will not be the point. Defamation will. Anything that might muddy the president, no matter how spurious, no matter how thin the evidence, will be pursued with gusto. The media will drop “bombshell” after “bombshell.” If lives and careers are ruined, so much the better; no one should be associating with this president anyway, as far as the left is concerned. The Robert Mueller investigation into alleged “collusion” between the Trump campaign and the Russian government – which has led to guilty pleas and imprisonment of people around President Trump for offenses having nothing to do with such collusion – is a preview of what lies ahead.

The goal of the left to weaken, disable and impeach the president is the heart of its mission to undo the 2016 presidential election. If the Republicans had done anything comparable during the Obama administration, the Democrats and the media would not only have charged Republicans with racism – as they labeled all criticism of Barack Obama – they would have howled “fascism.” And, for once, they wouldn’t have been far from the truth. The misuse of government institutions for political ends is indeed a fascist tactic. But because most media serve as the propaganda arm of the Democratic Party, there will be no protest from the media, only support.

There is nothing Trump or any member of his administration has done that is comparable to Hillary Clinton’s use of her own email server while U.S. secretary of state, or her destroying tens of thousands of emails after they were subpoenaed by Congress, or foreign governments’ and corporations’ paying vast sums of money to Bill Clinton and The Clinton Foundation while Hillary Clinton was secretary of state. Nor is there anything Trump or anyone in his administration has done comparable to the Obama administration’s use of the IRS to suppress conservative nonprofits; its selling guns to Mexican drug cartels, at least one of which was later found at the scene where a Border Patrol officer was killed; or the lies it told about the cause of the murder of a U.S. ambassador and three other Americans in Benghazi. Yet any suggestion by Republicans that these activities be investigated is effectively shouted down by the Democrats and the media. And let’s not talk about the real collusion in 2016 – between the FBI, the State Department, the Clinton campaign and the Obama White House, using material sourced in part from the Russian government – to undermine the Republican candidate for president and his presidency


Source: https://mobile.wnd.com/2018/12/the-left-...
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Comment: Extreme Turbulence in-bound...

Fasten seat belts...

Remain Calm...

2019 will be a Thriller...
Comment: VIX/SPX

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Comment: Cycle Wave 3/Primary Wave 5 has begun...

The Sub-Waves of Cycle Wave 3 suggest it will extend and break the 1.618 level...

2nd Target in Analysis is $2,100 or SPY $210...
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Comment: Sub-Wave 1 Extended....

Higher Degree likely to extend...

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Comment: Strong move down imminent...
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Comment: Tiny Bearish Leading Diagonal...
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Comment: Looks like the fall will line up with Fib Time...

02 Jan 20:30...
Comment: The fall meaning a new wave sequence...
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Comment: Watch the futures...

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Comment: Apple cuts holiday sales forecast on iPhone and China weakness, stock falls 8%

Fears of weakness at Apple Inc. proved true Wednesday.

The tech giant, which became the only public U.S. company to reach a $1 trillion valuation last year before a fourth-quarter collapse for its shares, confirmed the fears that led to the stock decline by lowering its forecast Wednesday afternoon. In a letter to shareholders, Chief Executive Tim Cook said that Apple will report much lower sales than previously expected, largely due to slowing iPhone sales and pressure in China.

“While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,” Cook wrote. “In fact, most of our revenue shortfall to our guidance, and over 100% of our year-over-year world-wide revenue decline, occurred in Greater China across iPhone, Mac and iPad.”

Apple’s AAPL, -7.20% stock was halted in after-hours trading ahead of the announcement, then fell about 8% in immediate late trading after the halt was removed. Shares were mostly showing declines of 7% to 8% for the first half hour after trading resumed. The stock has dropped 31.1% in the past three months, as the S&P 500 index SPX, +0.13% has declined 14.3%.

“Lower than anticipated iPhone revenue, primarily in Greater China, accounts for all of our revenue shortfall to our guidance and for much more than our entire year-over-year revenue decline,” Cook said Wednesday in his letter.



Source: https://www.marketwatch.com/story/apple-...
Comment: Key Fib Time Date:

January 2nd : Apple Announces Cut in Holiday Sales Forecast...
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Comment: Next Key Fib Time date in January is the 11th...
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Comment: At least 19 days left in Cycle Wave 3...
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Comment: Analysis is about to be complete...
Comment: $210 Target will be hit within Cycle Wave 3...
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Comment: Above: Hypothetical Wave Sequence...
Comment: The Cycle Wave Sequence is complete enough to get a good overall picture of where price target will be for Waves 3, 4, and 5.
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Comment: Above is a scenario where Wave 1 and Wave 5 trend near equality...
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Comment: I was not kidding when I said CRASH!

Pain is coming...
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Comment: Sub-Wave 3 extended (Broke 1.618/246.47 - Trend-Based Fibonacci Extension 0-1-2)
Comment: Sub-Wave 5 Target Area = .382-.618 = Trend-Based Fibonacci Extension 0-3-4
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Comment: .382 = 245.43

.618 = $243.75

Breaking .618/$243.75 will trigger an extending 5th...
Comment: Add Fib Spirals to Wave Count to see price-action trends and hypothetical price-action...

Add Fib Time to Wave Count to see key time-frames for hypothetical points in time that our likely to see either a strong move or reversal in trend...

Wave Count + Fib Spirals + Fib Time = Trifecta
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Comment: Great Example of Lower and Higher Degree Wave Correlation...
Comment: Lower Leading Diagonal (Green Minuscule Wave Sequence) down implied there would be a Higher Degree (Purple Wave Sequence) Leading Diagonal...
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Comment: Wow...

Bearish Leading Diagonal in the 1st Wave Position of Primary Wave 5....
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Comment: Note Fib Time High-lighted: 04 JAN 14:30
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Comment: Bearish Leading Diagonal is almost complete 1-5 + ABC
Comment: Reminder: Fib Time: 04 JAN 19 14:30
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Comment: Travel Advisory
January 3, 2019
China - Level 2: Exercise Increased Caution

Exercise increased caution in China due to arbitrary enforcement of local laws as well as special restrictions on dual U.S.-Chinese nationals.

Chinese authorities have asserted BROAD authority to PROHIBIT U.S. citizens from leaving China by using ‘exit bans,’ sometimes keeping U.S. citizens in China for years. China uses exit bans coercively:

to compel U.S. citizens to participate in Chinese government investigations,
to lure individuals back to China from abroad, and
to aid Chinese authorities in resolving civil disputes in favor of Chinese parties.

In most cases, U.S. citizens only become aware of the exit ban when they attempt to depart China, and there is no method to find out how long the ban may continue. U.S. citizens under exit bans have been harassed and threatened.

U.S. citizens may be DETAINED without access to U.S. consular services or information about their alleged crime. U.S. citizens may be subjected to prolonged interrogations and extended detention for reasons related to “state security.” Security personnel may detain and/or deport U.S. citizens for sending private electronic messages critical of the Chinese government.

Extra security measures, such as security checks and increased levels of police presence, are common in the Xinjiang Uighur and Tibet Autonomous Regions. Authorities may impose curfews and travel restrictions on short notice.

China does not recognize dual nationality. U.S.-Chinese citizens and U.S. citizens of Chinese heritage may be subject to additional scrutiny and harassment, and China may prevent the U.S. Embassy from providing consular services.

https://travel.state.gov/content/travel/...
Comment: Review:
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Comment: Fib Time JAN O4 = Fed Reversal...
Comment: *Note Different Time-Frames (1HR, 2HR, 1W) will change Fib Time Specific Time/date...

Hint for the Reason Why the Fib Time reads 04 JAN 15:30 instead of previous 04 JAN 14:30...
Comment: ***Correction***: Instead of a CONVERGING LEADING DIAGONAL it is a EXPANDING BEARISH LEADING DIAGONAL...
Comment: Expanding or Converging is irrelevant though...
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Comment: There are two main types of diagonal triangles. One is where the two boundaries of the triangle converge and the other where they diverge. The second type is known as Expanding Diagonal Triangles.Irrespective of whether they are converging or expanding diagonal triangles, if they occur in the first wave position, where they are known as ‘leading diagonal triangle’, the internal waves are made up of 5-3-5-3-5 sub waves. If they occur in the fifth wave position, they are known as ‘ending diagonal triangles’ and the internal waves are made up of 3-3-3-3-3 sub waves.
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Comment: Let's see if these gains hold today...
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Comment: An important clue is when an irregular correction appears either after wave 1 or wave 3, (i.e. if either wave 2 or wave 4 is an irregular correction) then the next impulse wave will be very strong. For example, if wave 1 and 3 were normal waves, and wave 4 was an irregular correction, you can almost be certain that wave 5 will be an extended fifth.
Comment: So, we have an Irregular Correction in the 4th Wave position with Sub-Wave sets of 5-3-5-3...
Comment: Expecting an Extended 5th...

Hence why I said Wow yesterday....
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Comment: We are starting to approach some critical levels...
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Comment: DOUBLE DOWN NOW!
Comment: Recap:

-We are in Cycle Wave 3 and still have to complete Cycle Wave 4 and Cycle Wave 5

-Primary Wave 5 within Cycle Wave 3 is about to begin

-We finished Primary Wave 4 but then an irregular correction occurred

-Irregular Corrections have Sub-Wave Sequences of 5-3-5 or 3-3-3

-Irregular Corrections found in the Wave 4 position imply an extended 5th wave. Especially, when Wave 1 and Wave 3 were 'normal' waves.
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Comment: WATCH FUTURES!

HAVE A GREAT WEEKEND!
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