Bearish megaphone top

Looking for new highs on the S&P 500 late this week

Thursday? We’re into what looks like a very-bearish megaphone top that I would like to see finish up late this week — Thursday at the open would be ideal. We have CPI and PPI data, as well as employment numbers, out Thursday and Friday. Once the S&P 500 tags a new high, the machines will be free to flip a bit and sell again.

If we get that final high, I’m pricing index puts on the 2/23 expiry, with a sharp drop to the support provided by the last-ditch trendline up from the 666 lows. This will then give enough time for optimism and desperation to bounce us into the March FOMC.

March and May FOMCs disappoint, June and September mark lows. We get an historic 90%+ collapse of equity markets. This will save the banks in the short term, as Treasury debt is bid as a flight to safety. Also expecting political events to heat up over the summer as the illegitimate “Joe Biden” junta is exposed and deposed.

The Treasury complex implodes later on, once the COVID-19 vaccine deaths surpass 100 million in the United States. Bonds implode and take cash (zero-coupon Treasuries) with it, a crucial step in the Great Reset. We will then rebuild the future system with honest money instead of usury.

Nothing can stop what is coming, it is all necessary to clear the decks and move ahead.

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