Friday, July 25, 2014

07/25/14 SPX /es

So, yesterday they vote to allow the "gates to close", did they do that just in time? In time for what? I asked, why now? Well, war of course. 

I saw this yesterday and saved it for today - Government of Ukraine Collapses is on PCR's site. Not sure if you heard this or not, but "Today the Ukrainian government resigned. The prime minister Yatsenyuk, or “Yat” as affectionately called by Victoria Nuland who put Yat into office, resigned along with the entire Cabinet."

This is a far better post on the subject - Collapse of Ukraine Government: Prime Minister Yatsenyuk Resigns amidst Pressures Exerted by the IMF. So, is Washington losing all control in Ukraine and needs to step up the war rhetoric?

Maybe you need to read Washington Is Escalating the Orchestrated Ukrainian “Crisis” to War — Paul Craig Roberts then. I believe this man and everything he writes. Check his credentials here if you don't know about PCR. 

"Twenty-two US senators have introduced into the 113th Congress, Second Session, a bill, S.2277, “To prevent further Russian aggression toward Ukraine and other sovereign states in Europe and Eurasia, and for other purposes.” The bill is before the Committee on Foreign Relations.

Note that prior to any evidence of any Russian aggression, there are already 22 senators lined up in behalf of preventing further Russian aggression."

Maybe for fun you should read - Things In The Middle East Are About To Get Much Worse.

Think things are not getting out of hand? Have you read Drudge lately? Israel, ISIS, immigration, disease, planes falling out of the skies, and much, much more. They need a war more than likely prior to the election. Just sayin, keep both eyes on 'them' at all times now. You can't even blink. Something is about to go down. 

On to the lie - 

SPX 30 and 60m say south, but while the daily says south it also appears that there is a chance that another overthrow situation is just beginning. I like down, but with 2k so close, maybe they get the news headline making print and then allow things to deteriorate somewhat. 

SPX 30m - Neg divs have been very reliable here.

SPX 60m - Neg divs have really been building here. 

SPX Daily - Are the neg diving indicators trying to bust the trend? Narrowing BB's scream impending volatility here.

I like south, but still am holding my bet till I see what goes down with 2k. Maybe a pop to print for an MSM tout and then a move south. I'll get into specific s and r levels if needed below. Market is definitely teetering on the edge here.

More to come below. 

Have a good weekend. 

GL and GB!

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