Friday, March 4, 2016

Morning Charts 03/04/2016 SPX /es

What makes sense in investing these days should be enough to scare you out of the markets for a long time - Why The Bulls Are Hoping For A Weak Jobs Number.

On to the lie - 

SPX 30m - Completed wedge at major resistance with short term neg divs screams near term top if not more. Ah, alas moar is the operative word with a new context.

SPX 60m - If the Fed can take out this resistance point it opens the door for a run to 2050 to 64.

Freedom watch - 

Not on a Friday

More to come below. 

Have a good day. 

GL and GB!

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