Georgi Stankov, August 25, 2015
After four consecutive days of pillage and carnage on all stock markets worldwide that brought the greatest slump since 2011, it is normal for the indexes to seek a firm ground and show resistance. The futures of all major equity markets indicated yesterday that today one should expect upward corrections in the range of 2 to 3 % for Dow Jones and S&P 500. Then the mood turned frantic one more time when the Shanghai Index dropped another 7, 73% in a row after it had already fallen more than 8% on Monday. The Nikkei Index followed this downward trend shortly thereafter, notwithstanding positive futures and early gains in the day. At the end, the Nikkei 225 lost 734 points or 3,96%, which is quite a bit for this already battered stock market.
The hastily announced decision of the Chinese central bank today to cut interest rates for the fifth time since November and to lower the amount of cash banks must possess in an attempt to stem the country’s biggest stock market rout since 1996 and a deepening economic slowdown had absolutely no effect on the Shanghai index but supported the European stock markets that made a significant correction today. They were the only markets yesterday with negative futures, which means that this indicator has no value at all in the current unique End Time that now follows divine laws and not the perverted logic of the Orion banksters.
However, these European equity markets, in particular the leading British FTSE 100 and the German DAX, are essentially very weak and slavishly follow the US markets. One cannot expect any impulses coming from them. Besides, the FTSE index never really recovered from the 2008 crisis, which led to the bankruptcy of most major banks on the island that had to be nationalized. Since then this sinking island is in a state of constant depression, officially recognized as recession, and has displayed the most rapid and broad impoverishment of the people from all countries in Europe and only comparable to the poverty levels in the USA. The losses this last week wiped out all the gains of the FTSE index for the last 2 1/2 years.
The Dax stands a little bit better, but it has the tendency to fall very fast when the US support is gone. Hence the EU stock markets are irrelevant for our analysis as they cannot give any positive impulses and will only follow the downturn of the US and Chinese equity markets.
What happened today in the USA on the stock markets is rather remarkable as it was shown beyond any doubt that the financial crash cannot be stopped and that the bulls are leaving in panic the stock exchange as predicted by myself.
At the beginning, a rebound took the Dow Jones Industrial Average up more than 440 points which quickly disappeared in the final hours of trading, with investors giving in to trepidation over what will happen overnight in China amid the most volatile equity markets in four years.
Dow Jones ended down 204.91 points, or 1.3 percent, at 15,666.44, and 4 percent below its session high. The most significant fact is that the peak-to-trough retreat exceeded the loss at Monday’s close when the index crashed almost 1100 points at the start. The Standard & Poor’s 500 Index went from up 2.9 percent to down 1.4 percent, closing at 1,867.61 as most of the selling occurred after 2 p.m.
This unwinding crashed the shaky confidence of the bulls who earlier in the day staked hopes on China’s efforts to inject stimulus into its economy. At the end of the day more than $2 trillion ($7 trillion worldwide) has been erased from American equity values since last Wednesday, bursting a calm and artificially growing equity bubble fed by Fed’s ZIRP that has gone for almost four years without any big correction. Now all the robo-traders are in utter panic, what comes next.
Stocks couldn’t avoid plumbing Monday’s depths in a chart phenomenon known as a re-test, where the lowest levels of previous days starts to influence trader psychology. The S&P 500 has now lost 11 percent in five days, the worst stretch since August 2011, with a measure of market turbulence known as the VIX (Volatility Index) sitting at more than twice its average level for the past three years. The Chicago Board Options Exchange Volatility Index slid 12 percent Tuesday to 36.02. The VIX surged as much as 90 percent Monday to touch the highest level since January 2009 before closing at a nearly four-year high.
Every industry in the S&P 500 ended with losses, with the biggest in utilities, phone companies, commodity shares and banks. About 10.4 billion shares traded hands on U.S. exchanges, 53 percent higher than the three-month average, which is a good measure of the broad scope of the carnage.
I performed today a chart-technical analysis of Dow Jones and S&P 500 and came to the conclusion that the slump will continue in the next days. Today, major resistance levels were broken. The next level where short-lived corrections and resistances may be expected are between 1800 – 1842 points for S&P 500 and around 14800 points for Dow Jones. If these levels are broken by the end of August, then there will be no stopping to the downside.
With this I finish with my technical analysis as it is not the objective of this website to make you experts in stock markets as there is nothing to win there. I only want to give you a fair estimate that we are fully on track with our ascension schedule and that now the speed of unwinding of the Orion matrix is entirely driven by the crash of the equity markets as the most visible form of fraudulent investment before other major domino pieces of the Orion-Ponzi scheme begin to fall in an uncontrolled manner.
From now on there is only one form of collapse – uncontrolled for the cabal and the banksters – that is driven by the very precisely orchestrated paradigm shift which we, the incumbent Logos Gods of this uppermost mother planet, now create in each moment in the Now with our thoughts and divine expertise.
And please observe that the crash of the stock markets has nothing to do with this website, hence do not forget clicking. It needs your support to the very last minute to help you understand the process of ascension in its full depth.