Mark provides a series of parables in chronological order matched to the overall story of the Bible. This story deals with Jesus entry into Jerusalem at the end of the age.
42 Mark 11:1-11
1And when they draw nigh unto Jerusalem, unto Bethphage and Bethany, at the mount of Olives, he sendeth two of his disciples,
2and saith unto them, Go your way into the village that is over against you: and straightway as ye enter into it, ye shall find a colt tied, whereon no man ever yet sat; loose him, and bring him.
3And if any one say unto you, Why do ye this? say ye, The Lord hath need of him; and straightway he will send him back hither.
4And they went away, and found a colt tied at the door without in the open street; and they loose him.
5And certain of them that stood there said unto them, What do ye, loosing the colt?
6And they said unto them even as Jesus had said: and they let them go.
7And they bring the colt unto Jesus, and cast on him their garments; and he sat upon him.
8And many spread their garments upon the way; and others branches, which they had cut from the fields.
9And they that went before, and they that followed, cried, Hosanna; Blessed is he that cometh in the name of the Lord:
10Blessed is the kingdom that cometh, the kingdom of our father David: Hosanna in the highest.
11And he entered into Jerusalem, into the temple; and when he had looked round about upon all things, it being now eventide, he went out unto Bethany with the twelve.
Jesus has been giving parables in order about key events in history. They are not timed, but they are in order. In this parable Jesus enters into the city and then into the Temple. This is also the start of Passion Week which is itself an entire system of prophetic events dealing with the end of the age.