Wednesday, April 20, 2016

Morning Charts 04/20/2016 SPX /es

Like I've been saying for years and I love it when confirmation rolls in from the experts - Eric Hunsader: The Financial System Is "Absolutely, Positively Rigged". Believe it or not, it's real, it's rigged. 

And you need to read this one as well - Stocks Are In "A Far More Precarious State Than Was Ever Truly Believed Possible"

On to the lie -

SPX 60m - I like the fact that right now the 38% retacement of this run is at 1990 support. Makes a nice round spot for a reversal. All sorts of critical support out to the right of price on this chart. Sub 64 and then 48 and it's game on a gain. Bears got a lot of work to do to get to that point though. Right now Grandma is working her magic.


Freedom watch - 

Worth a look - Paul Craig Roberts: How The American Neocons Destroyed Mankind's Hopes For Peace

More to come below.

Have a good day. 

GL and GB!

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