Morning Charts 07/23/14 SPX /es

Well, can they do it again? There are 5 (five) technical overthrows where the market should have corrected on this chart designated by vertical dashed lines. The first was in January of 2013. Here we are 19 months later still marching along despite everything to the contrary sniffing SPX 2k. Are there enough single, double or triple negative divergences out there? By my count this is the 25th negative divergence in a row without any sort of meaningful correction. I'm out of allowed annotations for the chart, so this better be it. If not I'll have to start deleting some more lines.


SPX Daily - It's amazing isn't it? So will be the fall one day when everyone heads for the exits at the same time. This little double top is nice, but with 2k looming just above I'm not so anxious now to declare anything just yet. Close, very close, just not yet. I'm watching very closely here for any clue or potential 'event'. This of course does not mean that you need to be rolling over profits. You still need to be removing those from the market and all the way out of the dollar IMHO.

More to come below.

Have a good day.

GL and GB!

Morning Charts 07/22/14 SPX /es

Deception. It is all around you. What's trying to deceive you is far more plentiful than what's not. How long have things been attempting to or deceiving you? Well, that probably started innocently with your parents not long after birth, and it continues today thru advertising, in business, your friends, family even your government. Trying to decipher what's real and whats not is becoming more difficult every day. 

Let's skip the friends and family part and get straight to the government. Shanky, government? Come on! Yes, your government will deceive you any chance it can get. You need to read First time since 1948, propaganda is now legal in the U.S. You may also want to remember how close we came to Gov't Monitors in Newsrooms? FCC to Look Into Media Decision-Making. Ahh, the beauty of the Patriot Act, the NDAA and a fascist potus with a pen. What a country!

So, where did all this 'need' for repeal of government propaganda and the NDAA originate? Well, with 9/11 of course. Wasn't it just yesterday I posted "I Was Absolutely Shocked At What I Read," Congressman Calls For Release Of Secret 9/11 Documents? All because of some a horrific act carried out by terrorists. To others it was a giant false flag perpetrated by the US to deceive its citizens to implement total control. Either way, bottom line is a horrific act led us to where we are today willing to surrender any freedom at any time to a government that promotes bogeymen that are coming to blow you up!

Yes, these are the same bogeymen that we have armed in Syria and are rolling across MENA in our HumVees and with our shoulder fired rockets taking over Iraq and Afghanistan. That's not important though. What is is what's going down in the Ukraine and the potential deception there. 

Maybe you should read Ron Paul: What The Press Isn't Reporting About The MH17 Disaster. While it is still too early to jump to any conclusions about who and what about MH17, we do see a crashed plane, bodies and all sorts of evidence that something fell out of the sky (very much unlike at Shanksville and the Pentagon).

From the beginning in the Ukraine deception has been apparent. Snipers? Really? Why Ukraine? Well, that could be obvious or not. Since Syria did not work out too well, maybe they need to work on Russia's control of energy to the EU? Is it all about pipelines and energy? Is it just part of our apparent global destabilization policy all in the name of spreading democracy? 

Who knows? We may never know. Bottom line is 'they' have a motive and an agenda. More than likely that is global domination of everything, and Russia is the first big boy they are going after. My point is that from the markets to the Ukraine and all in between, you can't trust them as far as you can throw them. 

Their plans are in motion. These are domestic and international. They want total control. Remember my sustainable development  and Agenda 21 post? It all ties together. You think they are stealing all the wealth of the nation and destroying the US and global economy cause they are stupid? Nope, it's all part of their grand plan, and the Ukraine is the next step on the deception train. 

I have constantly preached over the years about the market being the great illusion. That it is the distraction covering all their evil. Well now we've been given a border crisis, the Ukraine, Syria, and a laundry list of items that do nothing but mask reality. Via the abuse of the Patriot Act they have created the NDAA. The NSA is going ape shit. Police are militarizing. Gun control is all the rage. You have to see where this is going, and guess where the next big one will be? Right here in your own backyard. 

They are coming. Nothing is going to stop them till they have total control. They may take it here first then go global, but it's all about domination. They are losing ground with the BRICS and others moving away from the dollar and its WRC status. This is not good and will cause them to expedite things or increase events in severity as they may have to move up their plans. 

The distractions or false flags are only going to continue in magnitude and severity till something breaks. Get ready, know the truth and be prepared to fight for what God gave you. The time is coming. 

On to the lie - 

Weekly SPX - Cause it is one of my favorite charts. 

More to come below. 

Have a good day.

GL and GB!

Morning Charts 07/21/14 SPX /es

Well, what did you expect to read you dumb ass? "I Was Absolutely Shocked At What I Read," Congressman Calls For Release Of Secret 9/11 Documents Honestly, what did you expect to find?  No, really, what was supposed to be there? You IDIOT! Oh and of course you can't say a word about what you have read. Ohhh. So WTF good is any of this? Why'd you open your mouth? One of two reasons, either you really are an idiot and were blown away by the truth that most of us already know, or you're blowing smoke up everyone's backside as a propaganda distraction for the conspiracy crowd.

Israel invasion/defense is going rather well, but their 'invasion' seems to be really ticking off a lot of folks. Apparently they are supposed to sit there and let Hamas bomb them back to the stone age and not the other way around.Kerry is on the way, so all will be well really soon. If I had to guess, the way things go with Kerry, Hamas will have complete US armory and nuclear weapons within a year or so.

MH17 - investigation? LOL. They barely pulled off Sochi (#russiafail),and you think they can piece together a plane crash investigation in the middle of a war? In Russia? LoooL. FF news I'm still digesting. Some make sense and some don't. If it is, we're really deep into this thing having much more control and influence than I thought.

The border is still open by the way. Scuse me, wide ass open.

Worth considering -  The Insiders' Case For A Stock Market Mini-Crash derive whay you like out of that post.

And there is The 2 Charts That Have BofA Worried About A "Greater Correction" In Stocks If my charts are not good enough, maybe you can trust a TBTF analyst?

Faber calling for correction - again. Thank goodness i don't have to say again.

SPX Daily - IMO, the correction should not be over based on past trends in the indicators.

SPX 60m - I still think 1900 is possible here if we get a hiccup. 1963 is critical support.

More to come below.

Have a good week.

GL and GB!

Open Weekend Post 07/19-20/14

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

Well .... well, well? Well? Uh, who'd a thunk it? Um, go figure? Whatever, Friday was like the penultimate cherry on top of farce cake. Can the joke finally be over?

If you see it share it. I'll get into sum charts watching The Open Championship this weekend and post anything I see.

Enjoy the weekend.

GL and GB!

Morning Charts 07/18/14 SPX /es

I'm still trying to digest all the action. Israel and Ukraine really muddy the water now. As if things were not screwed up enough enough already. So many questions. Hard not to overreact and remain calm here regarding markets and other geopolitical ramifications. I thought something was coming. I started discussing this with my desire to call a top the week of the 4th. I did not expect anything like this, or should I say something that did not have our fingerprints all over it (YTBD). Bottom line is the timing was right for something to go down.

One thing I do expect is for a good crisis not to go to waste. If there were any Americans on that plane the situation changes. I also expect for things to begin to escalate globally from here. I believe we're now in even more danger of a domestic 'act' that will significantly escalate things. I think that the frequency and extremity of 'events' is going to escalate from here globally.

Now, of course we're left with a tyrannical idiot who's more interested in fundraising than addressing critical issues in a timely manner. I'm sure all of you are sleeping well with our Secretary of State managing the situation (while simultaneously trying to get Iran nuclear approved). Increased sanctions have already been placed on Russia. What's next? Who blinks first? Who escalates or deescalates the moment? Does Russia just go ahead and shut off the gas to Europe, or do they actually apologize for MH17 if proven their fault (which I actually think is possible)? Who knows? Every option is on the table now. Sadly we don't have JFK in charge this time.

As for Israel, fortunately no one appears to really give a shit what happens to the Palestinians and Hamas.This event, while important is being overshadowed by the potential conflict between two super powers. If this Ukraine event escalates things between us and them in the slightest bit we may be headed for a game of chicken in which both sides are guaranteed to loose.

Obummer wants a war. He's needed a war for years. I've written since 2009 that his presidency would not end without a major war. He has to have one to mask every failure and to possibly cement or entrench him as an empirical ruler. Think I'm kidding?

Here, read Do Obama's Executive Orders Reveal A Pattern? What's at shake? What's this tyrannical asshole put in place to allow him to virtually take over the country?

Try this -

In EO 13603, entitled, "National Defense Resources Preparedness," Obama says (among other things) that [we must]:

be prepared, in the event of a potential threat to the security of the United States, to take actions necessary to ensure the availability of adequate resources and production capability, including services and critical technology, for national defense requirements;

Obama has the power, through this EO, to "nationalize" (not seize) private assets in order to protect national interests.  Further, the EO effectively states that he can:

1.   "identify" requirements for emergencies
2.   "assess" the capability of the country's industrial and technological base
3.   "be prepared" to ensure the availability of critical resources in time of national threat
4.   "improve the efficiency" of the industrial base to support national defense
5.   "foster cooperation" between commercial and defense sectors

There are pundits that suggest that by signing  EO 13603, Obama has given himself power to declare martial law and suspend elections.

Think capital control. Like really think about it.

Want more examples of what Obama is doing?

• EO 10990 allows the Government to take over all modes of transportation and control of highways and seaports.
• EO 10997 allows the government to take over all electrical power, gas, petroleum, fuels, and minerals.
• EO 11000 allows the government to mobilize civilians into work brigades under government supervision
• EO 11002 designates the Postmaster General to operate a national registration of all persons.
• EO 11003 allows the government to take over all airports and aircraft, including commercial aircraft.
• EO 11004 allows the Housing and Finance Authority to relocate and establish new locations for populations.
• EO 11005 allows the government to take over railroads, inland waterways, and public storage facilities.

Are we beginning to see a pattern here?  We're being prepared  for a national emergency.

National emergency? Don't let a good crisis go to waste (especially when you are factually the worst president ever). Sound like Agenda 21 and sustainable development that I wrote about earlier this week? Again, this shit is real! Please tell me you are starting to get this. You can't drive anywhere. They can shut off your power, gas and water. They can place you in labor camps. Register you or your kids for defense. No planes. They can literally move you and your family to a centralized location. Of course, no boats or rail traffic either. Can you say tyranny? Fascist rule? Hitler? All he needs is a domestic "event" or some escalation of just about anything.

So now you know when I start speaking of capital or retirement plan confiscation or cancelling elections I'm not just blowing smoke or fearmongering. This shit is real. Screw looking for developments or escalation of our issues with Russia, you need to be worried about your own backyard. That's where this is headed. Wonder why I'm looking for a domestic "event"? He does not need much to declare a state of emergency and poof all liberty is gone with the stroke of his pen.

On to the markets -

I'm regretting not calling a top Monday or on July 3rd as I had threatened to for over a week. I was all over it and the charts were there. I was looking for a double top this week, got it yesterday and POOF event comes. The SPX charts I show say we finally entered my end game period. The RUT weekly chart yesterday said that we recently topped. Sadly my health had me hung a bit, and things did not get done. Even my interest in updating my chartbook (almost untouched for over a year other than a few charts) began to peak last weekend when I dove in there head first. We are in the window. Now may not be the time. We all know what the Fed is capable of. Bottom line is as I have suggested, now is the time to remove profits, all the way out of their system (as into your pocket) and diversify out of the dollar. Quit thinking you are making tons of money that you will have or control. Stop it.

SPX 60m - Overthrow of the overthrow - what more can I say? Been screaming it all week. Double top. Negative divergences. Maybe my belief that TA would get it right is finally coming to fruition? We will know more in the morning at the open. Three support points were blown out on the 60m chart yesterday. We're staring 1900 in the face right here if they allow 1950 and then 1937 to go. An 18 handle may trigger sell stops. They are there somewhere. Then it is game on.

SPX Daily - Overthrow of the overthrow of yet another overthrow (there are 5 to be exact). Narrowing BB's and increasing volatility. Been warning bout that all week as well. That black rising support diagonal is the same as my red diagonal of death on the minis. Thus, sub 1920 and it's all hands on deck hard hats mandatory.

Things are about to get interesting. Let's watch the bond market carefully for real clues. It will telegraph first.


More to come below.

Have a great weekend.

GL and GB!

Morning Charts 07/17/14 RUT

RUT? Really Shanky? Yup, it got requested by Inc and another plus I needed to update/add new RUT charts to the chartbook. There is a RUT 13/34 section in the chartbook as well.

RUT Monthly - Overthrow? LOL. After the double top at the previous ATH at 856 everything has been a blur. Recent neg divs and indicator support diagonals resemble the same position SPX is in.

RUT Weekly - Did I say negative divergences and overthrow? I thought so. This is a weekly chart, which adds a ton of severity to the overbought condition. Double top and serious diving indicator support right after my indicator supports failed? Nasty! Rising wedge is running out of room as well.This sucker may have really topped.

RUT Daily - Wait just a minute, is the RUT becoming oversold near term? What was a near perfect head and shoulders at one point kinda got obliterated. Hey, at least we did not get the dreaded right shoulder ramp. Maybe that is a positive for da bears?

RUT 60m - 50% retracement and big nasty positive divergences? Wait, what? This 60m chart has not been that helpful with divergences other than that big nasty double neg div marking the top at the end of the rising black wedge. Remember what we see here is only the second of the massively neg diverging double top on the monthly and weekly chart. Near term its saying ST buy here, but don't for a second discount the LT charts.

RUT 30m - More positive divergences near term. Maybe some sort of pop is due NT, but then again do not forget that weekly and monthly chart. I'll throw fibs on going up if she pops, and I'll start looking for a normal retracement. This looks like a nice 5 wave move south. If we get an ABC that stays sub 61% we could be in for a show moving south and a top may be set.

Well, there is your RUT replay. Hope you enjoyed that.

British open starts this morning - enjoy a great championship.

More to come below.

Have a good day.

GL and GB!

Morning Charts 07/16/2014 SPX /es

Let's start with America: No longer 1 nation, 1 people from WND. Some may or may not be Buchanan fans, but this post I find hard to argue against. Heck, it made the headline post on Drudge last night. It must be important. He addresses history of and recent concerns regarding the immigration issue and its potential to destroy this country. This leads to the question - Where is our Nobel Peace Prize winning president leading us?

Something I mention often is Agenda 21. I highly suggest you take the time to read Understanding Sustainable Development if you want to understand where we're headed. Seriously, you need to get how and where your grandchildren will be FORCED to live by these bastards if they get their way. No shit. Not kidding. The UN has a global plan. The meaning of the term" Think Globally, Act Locally" will forever be changed in your mind.

Here you will find lovely things like, "However, for progress to be made in implementing Sustainable development in the United States, unalienable rights such as the right to property must be eroded,
attacked, and struck down altogether."

They are planning on taking your money (redistribution to the poor) and land (protecting mother nature) and are going to herd you into large city centers and make you work for global prosperity. You see, "In contrast to the unalienable rights protected in America’s founding documents, the United Nations’ Charter and the Declaration of Human Rights are based on a very different idea: rights are granted and rescinded by men." Remember my God is dead post from beginning of 2012?

Just to make sure this is real, see where President Clinton enacted Order 12852, the President’s Council on Sustainable Development in 1993.

Not real? BS! you say. Here, read the UNESCO's Education for Sustainable Development Sourcebook. It's your friggin handbook. Go read it!

Now read How Bill Clinton Forced Agenda 21 on America. "Sustainable development may sound nice, but in practice it aims for totalitarian control and depopulation as Clinton's President's Council on Sustainable Development (PCSD) documents prove. Global warming is the excuse that is used." Remember me talking eugenics? 

Do you know about the Georgia Guidestones? No? Well, although no one knows who paid to have them erected (most think Ted Turner), they are there, and they speak directly to the Agenda 21 UN crowd. Want to know what they say? 

Maintain humanity under 500,000,000 in perpetual balance with nature.

Guide reproduction wisely — improving fitness and diversity.

Unite humanity with a living new language.

Rule passion — faith — tradition — and all things with tempered reason.

Protect people and nations with fair laws and just courts.

Let all nations rule internally resolving external disputes in a world court.

Avoid petty laws and useless officials.

Balance personal rights with social duties.

Prize truth — beauty — love — seeking harmony with the infinite.

Be not a cancer on the earth — Leave room for nature — Leave room for nature.

THIS SHIT IS REAL! Get it, cause you have a chance of living it if they get their way. Here is a great resource for all Agenda 21. 

Want to know what FEMA region you are living in? Check the map in the link. Yes, these are real too! Pick the nearest large city and know that's where you'll be moved to in the future if they get their way. I'm in FEMA region 4 so I'll be herded into the ATL if I am not 'eliminated';. Eliminated? Eugenics, Ocare, death panels - let it sink in. 

Are you starting to get this figured out now. Wonder why I'm so damned persistent telling you to get your funds out of the markets and dollar  and into real assets? Wonder why I speak about prepping? Guns, ammo, gold, silver, food, water filters and the lot? Are you now seeing where immigration, gun control, militarized police, economic destruction et al are leading us? 

This may not happen in our time, but we're sure as hell headed down this path. At least make sure your children understand Agenda 21 and Sustainable Development. If they are in public school I'm sure the exceptional 'Common Core' will teach them how glorious it all is. Watch for the subtle (or not so) changes globally. Watch for them to continue to destruct the US Constitution (wait for wealth confiscation). I think we'll know a lot more after the election in 2016 (if there is one) as to how we remain on this track to tyranny.

I beg you to read and get acquainted with this "conspiracy theory". It may be conspiracy fact before you know it. 

On to the lie - Like it matters after reading the above. 

SPX 15m - Just a closer look.  Does the top yesterday come close enough to the double top I spoke of yesterday? 

SPX 30m - Was it a double top? Question is killing me. 

SPX 60m - And the rest of the story. Overthrowing the overthrow. Hmmm, was that a double top or not? If so, 1930 area becomes critical. More on this below. 

More to come below.

Have a good day.

GL and GB!

Morning Charts 07/15/14 SPX /es

So Santelli went off, and LIESman made a fool of himself again. Historical comparison would make Santelli Paul Revere and LIESman like Baghdad Bob. In Santelli Goes Berserk, Slams Fed Which Was "Not Created To Be A Feel-Good Institution" we finally get a dose of truth rarely spoken via the MSM for the sheeple to hear. Of course LIESman is there to calm the nerves of the uninitiated dreamers.

"Santelli is right no matter how loud his screamfests grow; frustration with the ever-more blinkered mainstream who know just how "high on supply" we have become but also know just how devastating another fall will be for it will expose the truth that nothing the Fed does is real... or creates lasting wealth..."

And as I say over and over and over again, they can NOT let it fall. They can't. That's been the whole spirit behind my ability to not call a top, no matter how many sensational technical tops there have been. Look at the 5 FIVE overthrows I show all the time. Look at the most recent ridiculous situation we're in overthrowing the overthrow (when you and I both know it's all on false premise). We've been saying it for years. Why? Cause their illusion of recovery will be exposed, and everything will literally deteriorate right in front of your eyes. It's gonna happen. It is inevitable. When is the only question?

The Fed is losing control. Global stability is waning. The WRC (fiat dollar) is going down. It is only a matter of time now. I warn over and over again, get out. Start to remove profits and diversify out of fiat into anything that's real. Call a top? I'm going to soon, right or wrong. We're in my window now. The top in reality was set many years ago. Now we need to decipher the top in fantasy.

SPX Daily - If she pops up to double resistance and a double top here the recent negative divergences will only worsen. The narrowing BB's are screaming coming volatility. Overthrowing the overthrow to fresh new all time highs, that shit only happens in Hollywood, which may as well be producing this tale. Sadly the ending will not be storybook in this case. Sub 1960 things get interesting which opens a window to 1920. Sub 1920 and something broke.

In the comments yesterday some were questioning KD and his 4chan information. May I suggest that you old timers listen carefully to what this youngin pulls off the dark web. Where KD delves is a place that rarely I even go. It is a maze of massive proportions that only the youthful and really devoted can navigate or decipher. It is a place where truth is spoken and where secrets are revealed, but only if you know where to look. When KD brings up 4chan stuff, no matter how distasteful or horrible it may sound (their fault, not his) , he does it for a reason. KD's been posting here for years and he brings a bend to this blog that no one else does. He's an extremely valuable and respected resource for STB. STB really likes and appreciates what KD brings to the table.

More to come below.

Have a good day.

GL and GB!