Friday, October 30, 2015

Open Weekend Post Halloween

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

Have a great Halloween!

GL and GB!

Morning Charts 10/30/2015 SPX /es

Let the season of Bah Humbug begin! 

Bout the only thing worthwhile I have this morning comes from CNBS (that's a scary thought) - This index signaled the 2000 and 2007 crashes—and it's falling again



On to the lie - 

Finally found a chart with substance that the Fed can not trample all over. (and no, those are not 'green shoots' around the pumpkin)

BOO!





Freedom watch - 

Too scary to post even on a Halloween Friday. Things are spooky enough without having to worry about government spying, internet control, police state, Agenda 2030, blah, blah, blah ...
More to come below.

Have a good holiday weekend. 

GL and GB!

Thursday, October 29, 2015

Morning Charts 10/29/2015 SPX /es

Nice when the market barometer has been reduced to a simple glance - QE or Rates and Good=Bad is as simple as it gets, just watch the headlines. A "Hawkish" Fed Is Bad For Stocks After All
They've finally dumbed down investing to a point where anyone in the broad American public can master the markets.

On to the lie - 

SPX 15m - I just received notice from stockcharts that my use of red ink was excessive. Well, when negative divergences persist for a month, usage of red ink tends to follow.




Freedom Watch - 

OK, this one has me a bit confused and hopeful at the same time. You all know about my rants on sustainable development and Agenda 21/2030. Well this policy totally goes against the UN's plan of population control. Is China bucking the one world government? Do we have a rogue superpower? This is possibly a wonderful development for those wanting to live in a free world. China Abandons 37-Year-Old "One-Child Policy" - Here Are The Implications

Worth a read - Embracing The Dark Side: A Short History Of The Pathological Neocon Quest For Empire

More to come below. 

Have a good day. 

GL and GB!

Wednesday, October 28, 2015

Morning Charts 10/28/2015 SPX /es

Fed Day! Nothing else matters.

On to the lie - 

SPX 15m - Whatever, we will find out if TA has any relevant meaning today. It's gonna come back to bite them. When we do not know, but it will at some point. It's their market till the market decides it isn't.

 
Freedom watch - 

Pretty simple - STB's discussed it for years and sadly it's only getting worse and there is little to no chance of it getting better - Celebrating 14 years since we kissed our freedoms goodbye.



More to come below. 

Have a good day. 

GL and GB!

Tuesday, October 27, 2015

Morning Charts 10/27/2015 SPX /es

Who's buying? It should be painfully clear who the only one who is buying. "Smart Money" Sold Stocks For Third Consecutive Week To Corporate Buybacks, Scrambling Shorts

"But who was buying? We now know who wasn't: according to BofA "BofAML clients were net sellers of US stocks for the third consecutive week, in the amount of $1.7bn. Similar to in the prior two weeks, institutional clients, hedge funds, and private clients alike were all net sellers."
Fed in a two day policy meeting - Might as well come back after that is over. Gonna be dullsville till then.

On to the lie - 

SPX 15m - See MACD, the 4 clear tops, the 4 negative divergences and the 4 clear overthrows. Price tried its technical best to follow the rules when the black channel set and drove price under blue wedge support, price fell, had backtest at double resistance, all which should have lead to failure. Of course that was overcome and now price is back in the end and should be completing the rising wedge. If that break of support was just lowering the support diagonal (an old Fed trick to extend a rally) so be it. The technical situation is crystal clear, however the overriding Fed/QE/fraud/corruption/manipulation situation is all that matters and that is not an easy call.




Freedom watch - 

Vaccine Cover-Up Imploding in Congress


More to come below. 

Have a good day. 

GL and GB!

Monday, October 26, 2015

Morning Charts 10/26/2015 SPX /es

Just follow the bouncing QE ball - it is that simple - Bank of Japan Will Not Boost QE This Week, Abe Advisor Warns; Yen Jumps

The CEO's have been telling you for quite some time we're in a recession/depression - at least someone out there is trying to tell the truth - "Our Data Is Not Good" - US Companies Warn That A Recession Is Coming

  On to the lie - 

SPX 15m - Looks like that wedge I wanted formed and should be about to end. Price is over 64 which is amazing to me (my original high point off the lows), but then again I'm not really all that surprised. Remember, you are playing in a rigged market. Price is over the STB bull/bear line which means the odds of a move to a new ATH are better than not at this point (like it or not). I don't like the possibilities of a new ATH but can't argue against it. 4 if not 5 overthrows, neg divs all over, wedge ending - this thing is overly primed for a reversal. Many support points below. Watch the round number for I guess the biggest support/move point.

 
Freedom watch - 

Corrupt government at the top of the list - America's Top 10 Fears


More to come below. 

Have a good day. 

GL and GB!

Friday, October 23, 2015

Open Weekend Post 10/24-25/2015

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 10/23/2015 SPX /es

Timing is everything. China Cuts Interest Rate By 25 bps, Cuts RRR by 50 bps; Futures Soar; Fed December Rate Hike Back In Play
And of course yesterday's BTFD Draghi QE fueled ramp - MOAR! MOAR! Futures Continue Surge On Global Draghi Euphoria, Tech Earnings

All they need now is for the Fed to step in with moar QE and the final ramp may be on. Bulltards rejoice!


We're in the middle of peak debt season drama. We've been conditioned not to have any concerns about this. Congress still has plenty of checks in the checkbook -
Presenting America's New Debt Ceiling: $19,600,000,000,000



On to the lie - 

They are in total control - for now. 

SPX 60m - Coming up on the 2064 resistance area. There are three consolidation areas. This is the top of the middle one. 2064 was all I was willing to give this pop a few weeks ago, but with EU and China both on the gas pedal at the same time bears need to be on suicide watch again. They are in full blown bad=good mode again. 

Price wedging into this resistance. Overbought with extreme negative divergences on the shorter charts, but when has that mattered? Who needs earnings or an economy for a strong stock market these days?



SPX 15m - Another morning and another set of negative divergences going to get destroyed. Fed (Draghi, China), IMO, made a fantastic stick save yesterday. Pure fantasy.



Freedom watch - 

Worth a look - 8-minute video: Humanity’s choice to be .01% work animals, or arrest them for OBVIOUS crimes in war and money


More to come below. 

Have a good weekend. 

GL and GB!

Thursday, October 22, 2015

Morning Charts 10/22/2015 SPX /es

Draghi, moar? That's all that matters. Remember the only QE that matters will be that from the Fed and not really anyone else. IMO any pop or hope rally will most likely be short lived. This is a band-aid. They need tourniquets and transfusions (and those won't even work). 

Worth a look - this is from yesterday so you may have seen it already - reality, if you can handle it - If Caterpillar's Data Is Right, This Is A Global Industrial Depression

On to the lie - 

SPX Daily - One of the resistance points that I've been looking at for a while. Actually a triple resistance point (blue, red and the 100dma). Another thing that does not bode too well for the index is the coming 20/50 dma bull cross. Take a look back through the chart and you'll find this cross foreshadows some good corrections. 



SPX 15m
 




SPX 5m



Freedom watch -

America Looks A Lot Like Nazi Germany Did Just Prior To World War II. Well, it really does. If you will take the time to take your blinders off and open up to reality this is painfully clear to see.

A GS lie missed forecast would be nothing new - Goldman Is Getting Nervous: "There Are Significant Risks To Our Forecast For Gold Price Weakness"


More to come below. 

Have a good day. 

GL and GB!

Wednesday, October 21, 2015

Morning Charts 10/21/2015 SPX /es

Bad=Good!

Another must read - Confusion, Delusions, & Illusions


"Telling people the truth today is meaningless, as they don’t want their illusions destroyed."

On to the lie - 

SPX 15m - Popping at wedge support. I suspected a pop before a drop late yesterday. Let's see what happens today. Upper black channel resistance driving into lower wedge support making a triangle of double pattern R and S which can be a very powerful technical situation. Two formations coming together - which one wins? Neg divs and overthrows. They can pop it - it is their market, but the next fall should not be pretty.



SPX 5m -  I adjusted the blue support to reflect the position on the 15m chart. The pop this morning will set another overthrow on this chart. 




Freedom watch - 

Pretty much a must read - nothing new for long time STB readers, just more confirmation of where I've consistently been for the last 6 years and more of a reason to work your way off the grid and prepare - Things Are Getting Scary: Global Police, Precrime and the War on Domestic ‘Extremists’


More to come below. 

Have a good day. 

GL and GB!

Tuesday, October 20, 2015

Morning Charts 10/20/2015 SPX /es

Maybe the big question is Is ECB President Mario Draghi set to launch QE2 on Thursday? The hope or possibility of this should be enough to keep the markets in a range till then.

On to the lie - 

SPX 60m - Two opposite scenarios - Either the wedge (blue) that I've been thinking would form for a couple of weeks or the potential inverse head and shoulders. The way I see it - Draghi (or another) QE's or does not. You have to wait for the decision. The wedge is the most normal or logical choice given everything we know (earnings etc...), but there is nothing normal or logical about this market. 




Freedom watch - 

Trudeau? I guess he's slightly better than what we have as an offering for leadership. 

Ted Cruz Says He ‘Cannot Overstate’ the ‘Threats’ to Internet Freedom, Independent News Websites Like Drudge (or even STB!)




More to come below. 

Have a good day.

GL and GB!

Monday, October 19, 2015

Morning Charts 10/19/2015 SPX /es

Sorry, with the markets I'm somewhat confused. Does bad=good or good=good or good=bad? I think it's just whatever the Fed deems for the day is really all that matters. Earnings season rolls along and the persistent rumors or hopes of moar QE continue to flow.

On to the lie - 

SPX 15m -  Triple overthrow, multiple negative divergences, various resistance points in play - the wedge I suspected would come did come and it may now have played out. As you can see there is more room for upside, but it can be technically completed at this point. Post OPEX has not been good in the past several months. She may not go down today, but there is not much time left before the next correction.


Freedom watch - 

If she gets elected we can mail it in - Clinton Considers Mandatory Gun "Buy-Backs" - Ignites Confiscation Concerns and this vid

So sad we've come to this - Washington Persecutes America’s Greatest Patriots
LoooooL - Last Week Tonight with John Oliver: Canadian Election

More to come below. 

Have a good week. 

GL and GB!

Friday, October 16, 2015

Open Weekend Post 10/17-18/2015

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

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

Things are rather quiet or calm for my taste right now as far as what I see as market complacency. 


Have a good weekend. 

GL and GB!

Morning Charts 10/16/2015 SP /es

Gotta love it when the 'Old man' of the STB comment section beats ZH to a post - this may be all you need to know - Tomorrow Is OpEx: What Happens Next?



On to the lie - 

SPX Daily - Resistance ahead .



Freedom watch - 


This on the tail of finding potential other life in the universe, just trying to drive the spike in Christianity's heart I guess. Scientists Claim Zapping Brains with Magnets Can Treat Belief in God



More to come below. 

Have a good weekend. 

GL and GB!

Thursday, October 15, 2015

Morning Charts 10/15/2015 SPX /es

Enough said - Futures Surge As ECB Bankers Resort To Verbal Intervention, Suggest More QE Needed

Surprising? Surprising Fed paper drops a dovish bombshell - warning that's a CNBS link.

 It's almost an election year and POTUS wants a third term - how does he get it? He starts WWIII and then buys off the sheeple with direct QE! Where Is the First Helicopter Drop of Money Likely to Land? (Throw in a couple FF's in the mix as well.)

On to the lie - 

SPX 30m - Could I actually get that rising wedge formation? I doubt it. Even with the QE call above and an ass ton of bad=good on our plate, reality may try to assert its self on price again. the lower consolidation area is still the range. 



Freedom watch - 

This is refreshing - the sheeple waking up? Who'd a thunk it? Government Corruption Tops List of Americans’ Fears

Not exactly what you want to be number one at - America #1? 36 Facts That Prove That The United States Is An ‘Exceptional’ Nation

More to come below.

Have a good day. 

GL and GB!

Wednesday, October 14, 2015

Morning Charts 10/14/2015 SPX /es

Maybe this should be the headline today? Dennis Gartman Turns Bearish.  I don't know, I'm not as high on the DG anti-barometer as some of you. Just thought I'd frontrun the news in the commentary. I guess earnings and China dominate headlines today. Nothing earth shattering. QE or rate news is about all that matters anymore.

On to the lie - 

SPX 30m - All sorts of stuff happening here and not happening as well. Double top resistance at the upper end of a lower large consolidation area with some harsh ST negative divergences following a double overthrow of prior negative divergences. All of this could mean absolutely nothing (as it has in the past), as the Fed remains in full control no matter what. Until the STB "event" the markets will only do what they want. If I were a sadistic bastard working for the Fed, I'd be looking to set up a bunch of shorts for slaughter, so be careful with any reversals here. The blood of shorts is what they love to feed on. Round levels should be the main protection areas. 

I'll put up some shorter term charts below with targets.



Freedom watch - 

Congressional Review Of Copyright Law May Threaten Drudge Report This would change the internet, free speech, information sharing/exchange forever basically neutering sites like Drudge (and STB). We're about to be cut off from the world, and government control of media is just around the corner. 

Just saying - "President Barack Obama’s top homeland security official has ordered a review of the nation’s terrorism alert system to reflect what he called the growing threat of attacks originating within the United States."
 
Not sure how they say Hildabeast won the debate (which I did not watch) when Drudge has the people voting her in 3rd place with 8% to Sanders winning with 25%. Now, if you are gonna say that's a bunch of conservatives voting, remember they just placed a socialist well ahead of a crook. 


More to come below. 

Have a good day. 

GL and GB!

Tuesday, October 13, 2015

Morning Charts 10/13/2015 SPX /es

The JNJ buyback story is one that is becoming all to familiar. When corporate buybacks are 30% of market purchases (with the Fed being the remaining 70%) the "market is not healthy. When attempts to save executive stock laden bonuses and the golden parachutes rule this "market", well, the end result should not leave much to ponder. When corporations are investing free money from the Fed into what basically is an executive get rich scheme instead of their future (cause they know they have no future), then we know the end game is upon us. JNJ just beat, and that's all the sheeple need to know. How they beat is a total joke and should be criminal.

And continuing with the corporate "market farce we have - "So drastic job cuts, lowered revenue and EBITDA guidance, and "tough but necessary" decisions - TWTR up 5% in the pre-market."

As STB believes and has said for years - never - "Now Is Not The Time To Raise Rates" China Demands The Fed Live Up To Its "Global Responsibilities". China and European issues are the reason for the softening of the market overnight.

On to the lie-  

SPX 15m - Triple and worsening negative divergences following a double overthrow screams overbought. The round number and then the double 38% fib convergence from 71 to 64 are my first two targets. All is well - protect the round numbers!



Freedom watch - 

And for those that still believe the MSM narrative - Busted ! CNN Uses Jeb Bush Staffer Planted In Audience To Frame Donald Trump Narrative/Hit Job….



Just saying - This man builds luxury bomb shelters for the billionaires afraid of doomsday


More to come below. 

Have a good day. 

GL and GB!

Monday, October 12, 2015

Morning Charts 10/12/2015 SPX /es

This frames things well - Chinese Stocks Rally On Confusion Whether PBOC Finally Launched QE; US Futures Flat In Holiday Mode

On to the lie - 

SPX 5m - Not much else to look at.  Next resistance around 45 then 64. Anything over 31 (STB bull/bear line) brings the odds of another new ATH seriously into the discussion. I'm not so sure about that, but past performance and trends would highly suggest such. I like 64 area as the max at this time.




Freedom watch - 

Really? Nanny state controlling your thought and conscience for you (whether you like it or not) - Connecticut school district bans Halloween to accommodate ‘cultural beliefs’

More to come below. 

Have a good week. 

GL and GB!

Friday, October 9, 2015

Open Weekend Post 10/10-11/2015

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

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


Y'all have a good weekend. 

GL and GB!

Morning Charts 10/09/2015 SPX /es

One word following post Fed speak and yesterday's dramatic rise - Doveish. Need I say moar? Not really. Move along comrade, nothing to see (or say) here.

On to the lie - 

SPX 15m - The push to take back some key round levels defying gravity and any other natural forces is something that we've become accustomed to. Reality is a thing of the past. Just deal with it till it implodes.

 

Freedom watch - 

Nothing new, just a chilling reminder - you are not free. Edward Snowden’s New Revelations Are Truly Chilling

"His revelations should worry anyone who cares about human rights, especially in an era where the threat of terrorism is used to justify all sorts of governmental crimes against civil liberties. We have willingly given up our freedoms in the name of security"


 More to come below. 

Have a good weekend. 

GL and GB!

Thursday, October 8, 2015

Morning Charts 10/08/2015 SPX /es

Cubbies in the playoffs? Well, let's just say if they win the World Series, then the end of times must be near. 

Fed speak today after bad jobs numbers - markets will be in stall mode drifting south I believe till this afternoon. 

Speaking of jobs - see this eye opening report - One True Measure of Stagnation: Not in the Labor Force. What recovery? And Bernanke said what? QE was to create jobs



On to the lie - 

SPX Daily - Upper end of the lower consolidation area of the larger consolidation area. 50 dma at 97 is another problem.


SPX 15m - there is a rising wedge in there somewhere, it is just sloppy and hard to ID. That S/R zone from 75 to the round number is corralling price here. Can they break it out? If so you can look all the way up to 62. If not 1872 is back in play.



Freedom watch - 

Lawless - and this is what we're even considering for president (after what we've had for the past eight years)? Evidence Suggests Clinton Ran a Parallel, Outsourced State Dept. Clinton received help from George Soros to run shadow gov't


Cause I told u so, this thing is far from over. Will change the globe forever - Researcher: Children's cancer linked to Fukushima radiation

More to come below.

Have a good day. 

GL and GB!

Wednesday, October 7, 2015

Morning Charts 10/07/2015 SPX /es

I think there is a good chance I may move the Freedom Watch section of the post to the top and make any market commentary at the bottom of the post. Why? Simple, cause the market is nothing more than an illusion to distract you from reality. Having the Freedom section at the bottom of the post is exactly what they want - Focus on everything but them destroying liberty and taking every ounce of freedom you have. I think knowing more about your current/future enslavement is slightly more pressing. We need to get our priorities straight, and me having markets over far more important things is just not right. I may even go as far as changing the name of the blog. 

Tyranny is not coming, it is not on our doorstep, it is here now. 

Learn about the NDAA and its destruction of your Constitutional rights HERE
 

On to the lie - 

SPX Daily - Resistance. Still may be a bit early for the final holiday ramp, but maybe not. 1990 to the round number are very important to both bulls and bears. 2032 is the STB bull/bear line (may not be relevant anymore). 2064 is my max for now.Larger consolidation may be about to move into the upper range (00 - 64). I still remain bearish, but more cautiously than before.


SPX 15m - That 20 point range from 1995 to75 is a battleground.  Possible large IHnS being set up here.



Freedom watch - 

You need to pay close attention to the details of this story - California Mayor Forced to Hand Over Electronics and Passwords at Airport, Compares U.S. To Nazi Germany. Remember that thing called the NDAA I screamed and warned you about? Or that thing called the Patriot Act? Yall, do not take these things lightly or with a grain of salt - this shit is real! YOU HAVE NO RIGHTS! Get that through your fat skulls. Yea, yea, yeah, blah, blah - you better get tuned in to this takeover - TPP is one of the final nails in the coffin. Big Brother IS here, and you better stop ignoring the fact.


I don't ask you to listen to AJ often but he nails it here. I think you need to hear what he has to say here - 





More to come below. 

Have a good day. 

GL and GB!

Tuesday, October 6, 2015

Morning Charts 10/06/2015 SPX /es

LMAO - Futures Fail To Surge Despite Continuing Onsalught Of Poor Economic Data  and don't forget that the GLEN CDS issue still exists - Glencore Stock Is Re-Crashing.
There is really not much to say. Bad=Good re surging. I mean, how bad could it be right now? Treasury Sells 3-Month Bills At 0% Yield For First Time Ever - that's good, right? 




On to the lie - 

SPX Monthly - Comparing the tops - looks like all we're waiting on is one last bull trap. Course you know I think this will come with QE4. The negative divergences are undeniable (as are their historical results).





SPX 60m - Price at upper end of lower consolidation area.



Freedom watch - 

What freedom?

More to come below. 

Have a good day. 

GL and GB!

Monday, October 5, 2015

Morning Charts 10/05/2015 SPX /es

Pretty simple - we're heartily back into the bad = good scenario - Global Stocks, Futures Jump On Barrage Of Bad Economic News; Glencore Surges, Volkswagen Slumps


On to the lie - 

SPX 15m - gonna go into an overthrow situation actually with their greed spoiling a great setup for and IHnS.  The pop this morning will, IMO set up a short op, but you'll need to remain patient. they have the QE pump in full swing now. Maybe Gartman will help out this situation.



SPX Daily - Potential HnS Ive been looking at for a while now. A pop back to near the round number or even as high as 64 then a potential bottom drops out scenario is laid out.




Freedom watch -

TPP - corporatocracy taking over - pretty soon it will be a game over situation for the sheeple -  Trans-Pacific Partnership Deal Struck As "Corporate Secrecy" Wins Again

And if you were wondering about the immigration issue - simple - it's all about lower wages and increasing corporate profits - Deutsche Bank Boosts German GDP Forecast Due To "Surge In Immigration". You need to think about this as they continue to destroy the middle class, take our jobs and (what the greedy bastards cant see) destroy the economic strength that allows people to buy their products. 


More to come below.

Have a good week.

GL and GB!

Friday, October 2, 2015

Open Weekend Post 10/03-04/2015

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 10/02/2015 SPX /es

What an absolute DUMP in the futures. Worst I've seen in quite some time.  I guess a jobs dump (strange when you think about the timing of this) will do that? Participation Rate Crashes To October 1977 Level: Americans Not In The Labor Force Soar By 579,000 To Record 94.6 Million and Payrolls Disaster: Only 142K Jobs Added In September Zero Wage Growth; August Revised Much Lower  are ..... truthful? Wait ... what? Truth? Goldman said beat? LMAO. Why now? WTH is going on? I'm guessing the dreaded need for MOAR is what's going on. Looks like were about to get a policy shift from the Fed. Yes, actual clarity in policy direction is coming, and it will be back to full retard liquidity pump. Rate hike? LMAO, never! Fed Rate-Hike Odds Collapse After Jobs Debacle.
 
On to the lie - 

You can read this. Don't go and get drunk on it, just read it. Broad-based Value Line Composite testing mega-critical level.

SPX 15m - Should be the only chart you need today. 



Freedom watch - 

The nanny state is hear to scare you and then protect you (necessarily or not). Sadly for the The Weather Channel and the Fed, Joaquin is not tracking to hit the US anymore, but they will still try to sell as much fear as possible. Hilarious listening to the weather channel try and sell the fear to keep you watching.


LOL - Like I said, if Russia wants to hit us, they are going to do it  where it's gonna hurt the most - "They're Hopping Mad In The US And Saudi Arabia": Russian Strikes In Syria Spark Epic Western Media Propaganda Blitz
More to come below. 

Have a good weekend. 

GL and GB!

Thursday, October 1, 2015

Morning Charts 10/01/2015 SPX /es

Pretty simple, take the candy away and the baby cries - USDJPY Tumbles, Drags Futures Lower, After BOJ Said To See "Little Immediate Need" For More QE. What was set, just an hour ago, to be a 10 point gap up open has all been wiped out and now the resistance they fought so hard late yesterday to crack is now back in play.

The Bad=Good meme may be making a popular comeback. Hey, it worked in the past and I'm not sure why they went away from that strategy. Simple, the worse things are, the more there is a chance we get QE. Fourth Quarter Begins With Global Stock Rally As Bad Economic News Is Again Good



Oh, and we avoided government shutdown yesterday. Whoopee! Guess since this is the first time I've mentioned it (after the fact) it was pretty much a BS non issue.


On to the lie - 

Told you I'd get my charts back a bit quicker this time. Sad part is that I had to get them back. 

SPX Daily - for now I'm sticking with the larger red falling wedge formation. A HnS is now possibly in play with neckline around 1900 targeting the 1760-50 area. the last pop and fall could have made the RS. My max retracement to the 2064 area has been bolstered by the upper wedge resistance and the 100 and 200 dma's plus the s/r that exists there. I'd prefer a move to there to set the RS of the HnS. This little bump is enough,but it is not all that and a bag of chips.



SPX 15m - this morning's move up would have set some short term overbought overthrow situations on the 15m chart, but the no QE Japan squashed that move. Channel resistance is gonna hold against the ON low liquidity ramp. 1948 next resistance if it fails.

 
Freedom watch - 

Capital controls - I've told you time and again, the gates are closed - cash at home. I hope you are listening - A Desperate China Caps Card Withdrawals In Frantic Attempt To Stem Outflows

More to come below. 

Have a good day. 

GL and GB!