Wednesday, March 29, 2017

Morning Charts 03/29/2017 SPX /es

early post



On to the lie -



Freedom watch -




More to come below.

Have a good day.

GL and GB!

Tuesday, March 28, 2017

Morning Charts 03/28/2017 SPX /es

Something happened somewhere that caused me to lose the post this AM. Either computer or internet related so you get the minimum this morning. Not gonna go back and recreate it. It wasn't that great anyway. 

On to the lie -

SPX 5m - 


SPX 2hr


Freedom watch -

Orwellian nightmare - Did The Government Spy On Trump? Ron Paul's Answer: "Of Course... It Spies On All Of Us!"


More to come below.


Have a good day.


GL and GB!

Monday, March 27, 2017

Morning Charts 03/27/2017 SPX /es

I'm gonna try and remain calm this week. Sadly things are starting to roll downhill again. It was only a matter of time. The Donald does not have a magic wand, and apparently his stick is not that big either. Everything is frayed. Oshithead and the Hildabeast really fucked things up. We gotta lot of hard work to do, a lot of coming together, a lot of sacrifice and a lot of pain to go thru before we're gonna get better. 

The financial issues are numerous, some seen and some unseen. One that remains in the realm of unbelief (can't possibly happen status) is pension funding. I've been screaming about it for years - Your Pension Will Be At The Center Of America's Next Financial CrisisThis is just one of the many super-problems we have, and when you start stacking super-problems on top of each other it's not a good thing. Actually it's a game ender. This and several other debt related bubbles are part of a financial crisis that will eventually bring us to our knees. 

This (pension failure/financial crisis) comes full circle to asset forfeiture and confiscation (globalism, Agenda 21/30, deep state and all that shit) which confusingly can't happen under Trump. I don't think he'd ever go there. Right now POTUS is in a wicked battle to save our ass as a nation. He's given us a chance to fight back. We better take advantage of it while it's given. 

On to the lie -

As for the markets - as Souper and I have argued since prolly 2012 here on STB - it's all about liquidity. So seeing this may give a clue as to the coming market implosion - On The Edge Of An "Uncontrollable Liquidity Event": The Definitive Guide To China's Financial System.

SPX Daily - Rising blue wedge and its dashed target diagonal. Does not look good right now for bully. The 2340 support may finally crack today. This makes the 50dma at 2330 vital. If that cracks my 2311 target area is next. Since 2311 is in no-mans land the only major support under this fall is around 2200 and the 38% retracement of the Trump pump. 



Freedom watch -

Nothing here today.


More to come below.

Have a good day.

GL and GB!

Friday, March 24, 2017

Open Weekend Post 03/25-26/2017

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 


Have a good weekend. 

GL and GB!

Morning Charts 03/24/2017 SPX /es

When the drop starts everyone will panic at the same time, this was just a taste. Those sneaking out the crack in the door here may be the trickle before the big rush - Biggest US Equity Outflows Since Brexit; US Banks Hit The Hardest. The big questions are - Will the PPT be able to stop the fall or will they even want to stop the fall? 

Will Healthcare failure drop the nuke on the Trump rally? All Eyes On Washington: US Futures Rise On Hope Healthcare Vote Will Pass

On to the lie -

SPX 2hr - What happens if support cracks here? The elevator more than likely falls to 2277 - 2270 after a brief stop at the 2327 and 2311 areas mentioned earlier (my second target after 2340 on this trip south). 2190 and then 2120 are very notable support points as it progresses south. IF typical major fall form holds - the new red falling channel turns into a falling wedge and then that turns into an even steeper falling wedge.

 


More to come below.

Have a good day.

GL and GB!

Thursday, March 23, 2017

Morning Charts 03/23/2017 SPX /es

Grandma talks today, key votes and more as the unraveling is quickening. 

So many signs - just a matter of when and how bad. 5 Charts That Scream "This Is It".



On to the lie -

DOW Weekly - Blatant as it looks. Total Control.

 
Freedom watch - 

Cause there is no law that controls them now - Nunes: FBI Is Not Cooperating with Our Investigation into Trump Camp Surveillance ‘So far the FBI has not told us whether or not they’re going to respond to our March 15th letter which is now a couple weeks old’


More to come below.

Have a good day. 

GL and GB!

Wednesday, March 22, 2017

Morning Charts 03/22/2017 SPX /es

Well, the market really has no right to stop here or anywhere close to here, but we all know that the random walk ended back in '09. TA says it's ready for a larger correction. So why did it fall? As we all know the market only moves where and when they want it to, but in this case could it have been possible that when the liquidity stopped they actually lost control for a moment? Who stopped the liquidity and why? Is it a reaction to policy failure, a threat to Trumps success, a desperation move from the PTB, to cause a distraction from something - all possible. The nefarious or devious reasons should be more palatable to those of you that have been on the fence for years now. Personally, I think they cut the liquidity to shock the market to cause a distraction - look here - not there. 

Flying under the radar - PBOC Injects Hundreds Of Billions Into Chinese Banks After Sudden Defaults In Interbank Payments



On to the lie -

As always specifics below in the commentary. Still mulling "the" top call. 

SPX Daily - Not oversold yet.

 
SPX 2hr - Breaking back into this channel would not be good. Channel resistance will cap upside potential for quite sometime. How overbought? Well when you overthrow the channel via a rising wedge and then overthrow that rising wedge - it's beyond OB on a massive scale.


SPX 60m - Sub 40 there is little if any support to 2300. Yesterday I was discussing the 2310


SPX 30m


SPX Weekly - Failure potential is real.



Freedom watch -

A (sad but) good listen - 



More to come below.

Have a good day.

GL and GB!

Tuesday, March 21, 2017

Morning Charts 03/21/2017 SPX /es

Total Control - Nothing is Real - Breslow: "Memo To Traders: The Fed Is Making This Up As They Go Along"

Still lots of Fed speak all this week. Be ready for potential surprises. 

Something really big is on the verge of breaking big time. (Reality - it's already broken - see Memo to Traders Above - nothing is real anymore.)



On to the lie - 

SPX Daily - Big ass textbook completed wedge that has overthrown resistance sitting on support with neg divs galore and very little support down to 2270 coincidentally at failed wedge target diagonal. Hey, it could be worse.


DOW Daily - Nice when the VIX drops with the market at this extreme top.


DOW Monthly - Based on this chart the absolute max is from now to mid year 2018. This scenario also suggests that they won't allow any major corrections till the collapse either. See indicators, support diagonals and yellow boxes. This chart is absolutely horrifying. Target - 13,000. Oh, and if it gets there - it ain't stpping.


Freedom watch - 

If you are not familiar with this you should be - STB's covered it in the past several times - Whats yours is theirs when they want it - Stealing From The Citizenry: How Government Goons Use Civil Asset Forfeiture To Rob Us Blind

More to come below. 

Have a good day. 

GL and GB!