Wednesday, May 27, 2015

Morning Charts 05/27/2015 SPX /es

Well, so much for that post. Blogger just blew up and kicked me out of the edit and web page for about 10m and ate my post. Guess my content was not approved by the powers that be. 

On to the lie - 

SPX Daily - The fall yesterday was actually expected (post holiday) and deserved (massive neg divs everywhere). You have to continue to look south. At least TA says a lot more south. Of course in this casino we're playing against a rigged deck. This chart is nasty. It's screaming for at least a 5% move if not more down. What does the Fed want? I guess we will have to wait and find out. Since news is about the only thing that moves the markets anymore, you must position and then react to that position (right or wrong). Sadly that is all about is left to do these days. So, I'd try and stay one step ahead, follow Greece and Fed speak closely. 

Freedom watch - 

Jade Helm, Agenda 21 and Sustainable Development. They are real. 

More to come below. 

Have a good day. 

GL and GB!

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