Tonight, for whatever reason, it was the Global Dow.
The past few weeks have been pretty amazing. I’ve done a TON of reading and sketching (yes, Mr. Robert Edward Grant got me into it) and a TON of BrainTap and meditating. Mr. Grant is an amazing follow and teacher. Recommend him – highly. A bright shining light counterbalancing some of the darkness gripping our FELLOW HUMANS. I’ll stop there … we are ALL connected. Be light ….
Anyhoo … in light of the above it was nice to kick back and go to a chart I had not looked at in a long time and come at it w/ fresh eyes. As I sat down, I said “what the heck is the rest of the world doing?” These times are the craziest I’ve ever seen … come on folks, take off your political hat (if you wear one, I DO NOT) and just admit – left, right, center – it’s flipping crazy out there right now!
Ahhhhh … the Global Dow.
I opened the chart, w/ NOTHING on it (no indicators or drawings) – just price and time.
Everyone can see the “measured move” that I chose as the “rock hitting the water” point. You could have used the all time low up into that big first high – it would have given, more than likely, different trend lines BUT I imagine it would have given trend lines that are significant and harmonic with the trend lines we have drawn.
The blue measured move arrow produces EVERY SINGLE bit of the geometry shown in the chart below. Take some time and just follow the bouncing ball up the chart and look at the GEOMETRY that this particular VIBRATION (the blue arrow) created.
Now, look at the top … the all time low, to the first high and then down (the blue arrow) projection is, yup, 1.618AB=CD and, the last swing in/around the 2022 timeframe is a 1.27 extension (square root of 1.618).
Trying not to confuse anyone w/ too many lines I’ve also drawn the 1.618 projection AND a dashed (feint) purple measured move which is equal – exactly – to the last swing high.
Now, just for a little fun, what was the EXACT high in January 2022?
4320 – 432 HZ. Thank you Mr. Grant.
All this being said, where are we?
Definitely against some STIFF resistance so going down for a bit is a good highly probable bet.
Is this THE top … I really don’t think so. Not that my counting is anything to write home about, but I do have a BULLISH count after this pullback – representing this is all this really is … a healthy pullback in an ongoing, potentially extending 5th wave. My other count is we are starting a wicked and, potentially THUMPING, C wave down. Ain’t Elliott Wave great?
Throwing any EWT aside, batten down the hatches, try and get some shorts on and just get ready for some volatility – potentially like we’ve never seen before or haven’t seen in a VERY long time. That’s just where we are all folks.
Folks … pretty amazing chart above. This is NOT about me … it’s about BELIEVING is SEEEING. (Thanks Mr. Grant)
SEEING the inherent PERFECT geometry in it all … and just sitting down in front of a chart and letting your eyes put together what they put together for your BRAIN every second they are open … guess, after time, the PATTERN RECOGNITION is nothing more than what you are doing – right now – reading this blog (if you’ve gone this far 🙂 )
Cheers – Bart
