Friday, May 26, 2017

Open Weekend Post 05/27-28/2017

You know the drill. Share the love and the knowledge. 

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

Have a good holiday weekend. 

GL and GB!

Morning Charts 05/26/2017 SPX /es

Early post



On to the lie - 



More to come below. 

Have a good day. 

GL and GB!

Thursday, May 25, 2017

Morning Charts 05/25/2017 SPX /es

Early post




On to the lie - 




More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 24, 2017

Morning Charts 05/24/2017 SPX /es

FOMC day so should be quiet until the fireworks start. Note there is a good chance they will be only duds and the show will suck. 

As for price - One of two things is set to happen - A) either they are about to go for an unprecedented overthrow and breakout over 2400 or B) as the technicals are aligned across all time frames a 5- 12% correction is coming. 2180 to 2120 should be the floor if the PPT can stop it.

Either 'they' ramp it or something is about to happen to cause a significant decline as a technical Cat5 hurricane is sitting just off shore.

On to the lie -

SPX Daily - Any pop here only makes the negative divergences even worse. 






More to come below.

Have a good day.

GL and GB!

Tuesday, May 23, 2017

Morning Charts 05/23/2017 SPX /es

Not much news worthy other than the dreadful Manchester attack.



On to the lie - 

SPX Daily - The black rising wedge broke support. Will it break down is the question. Possibly a rollover phase is beginning if the blue channel works out.

 



More to come below. 

Have a good day. 

GL and GB!

Monday, May 22, 2017

Morning Charts 05/22/2017 SPX /es

Well, another pints to the coming epic collapse - eventually someone will get the timing right. Bill Blain: "My Prediction Is That Around October 12 Markets Will Get Horribly Interesting"
When not if - it's coming. One day Team Total Control will lose control (STB Event). Nothing lasts forever.

On to the lie -

SPX 2hr - This does not look good, technically.



More to come below.

Have a good day.


GL and GB!

Friday, May 19, 2017

Open Weekend Post 05/20-21/2017

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 05/19/2017 SPX /es

My internet is back up! I'll get some charts updated later today.


On to the lie - 

Simple as this - what does the Total Control Team want - nothing more, nothing less. Eventually TA will win. Eventually could be a long or short time unfortunately. A sizeable correction (virtually impossible) would be the healthiest thing for both sides here. Who needs 'health' when it's rigged?

SPX Daily




More to come below.


Have a good day.

GL and GB!

Thursday, May 18, 2017

Morning Charts 05/18/2017 SPX/es

Early post.

Gotta run mrs STB by the tire store.

Also yesterday my internet was down the whole day at the office. So sorry for not being here or updating any Charts.




On to the lie -



More to come below.

Have a good day.

GL and GB!

Wednesday, May 17, 2017

Morning Charts 05/17/2017 SPX /es

Interesting action overnight that's trying to be wiped away. Strange, the things that move the markets these days.

I'll stick with my  patience grasshopper meme with a follow the Fed caveat  - Bill Blain: "Talking To Accounts The Bottom Line Is Asset Prices Continue To Rise Despite Our Disbelief". Total Control is real and always must be the first thing you take into account when trading in this faux market. 

On to the lie -

Bottom line is the there is a tug-o-war happening now with price. Believe it or not, there are real forces trying to sell. This is a bizarre nuance to this new modern market. 

SPX 60m - 4 FOUR islands and this gap down will leave an island above as price should take out near term diagonal support.


SPX Daily - the support that really matters - anything under 80 opens Pandora's Box. 




More to come below.

Have a good day.

GL and GB!

Tuesday, May 16, 2017

Morning Charts 05/16/2017 SPX /es

Nothing but trash and fear mongering in the news. The most recent HRC deletion Seth Rich news is the most interesting.


On to the lie - 

Patience Grasshopper. We're closing in on or at some sort of reversal. Two things - wither a move back to 78 and then a last bull trap or something larger to the downside is coming. 

SPX Daily - Looks like we're do for either a major reversal or a pullback then a pop then the major reversal. 


SPX Daily - This is nasty, simply nasty. the negative divergence at this small double top is really bad. 


SPX 30m - Anatomy or a rollover.


More to come below. 

Have a good day. 

GL and GB!

Monday, May 15, 2017

Morning Charts 05/15/2017 SPX /es

Early post

I'm in the ATL. Mom is having a routine surgery so I'll be with her at the hospital toady. I should be back in the saddle tomorrow if all goes well. I'll check in and chime in if necessary.


On to the lie -



More to come below.

Have a good day.

GL and GB.

Friday, May 12, 2017

Open Weekend Post 05/13-14/2017

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 05/12/2017 SPX /es

Other than Comey and China things are way too quiet. 



On to the lie - 

SPX 30m - Rising burgundy channel - within it a smaller burgundy channel rolls over into a bluer rising wedge which breaks down to the black wedge that failed all encompassing three open islands and roughly 33 points in gaps. It looks to be rolling over - 72ish critical support. To get there 91, 86 and 83 need to crack.



More to come below.

Have a good day.

GL and GB!

Thursday, May 11, 2017

Morning Charts 05/11/2017 SPX /es

Not much to talk about up here. China is slowly imploding as well as America and all the other global leaders - but you did not hear that here.


On to the lie -

SPX Daily - The insanity. Two wedges (black and grey) overthrown by the formation of the blue wedge to double tops at ATH's with negative divergences that go for a year and are worsening. IMO we're close to some sort of pullback or correction, but it will be forced by an outside influence. Natural or technical pullbacks have been outlawed, so in this case IMHO price is saying that sooner than later something is going to happen to cause a correction. Will this be the STB "event"? Not sure but price will prove it is boss here sooner than later.

 
SPX Daily - I see evidence of a potential rollover here, but you need to be watching wedge support to see if the breakdown is for real. At this time I can see short term targets above 2415 and below 2372. Just don't know which way Team Total Control wants it to go. Let's watch support here for a clue. Price is on an island above an island. That's not good.

 
More to come below.

Have a good day.

GL and GB!

Wednesday, May 10, 2017

Morning Charts 05/10/2017 SPX /es

Early post


Late start Wednesday


On to the lie -



More to come below.

Have a good day.

GL and GB!

Tuesday, May 9, 2017

Morning Charts 05/09/2017 SPX /es

Two good reads at ZH - 

Fast Facts About Slow Markets

SocGen: Beware The Ghost Of 1993


On to the lie - 

SPX Daily - I may stick with this chart for a while. Pretty plain to see. 

 



SPX Weekly - I'll throw this in for perspective. Any good turn makes 2120 a great number for major support. Just slightly overdue for a major correction. That would be roughly a 12% move. If this is near the end a cool scenario would be a move to 1890 to form a head, one last bull trap back up to 2120 for a right shoulder then you'd get a HnS that targeted 1380. Ahh, a bears dream right there.




More to come below. 

Have a good day. 

GL and GB!

Monday, May 8, 2017

Morning Charts 05/08/2017 SPX /es

So, who's wrong and who is right


On to the lie - 

SPX Daily -  Double top with neg divs in rising wedge sitting on two islands about to try and breakout. Danger Will Robinson. Danger! Danger! This thing obviously has plenty of room to run in the wedge to the E touch or even an overthrow (that's their style - total excess), but any point from here has real potential to be a serious reversal point. Of course at this time we all know they will not allow the market to correct and only the STB event is going to make a real difference.



More to come below. 

Have a good day.

GL and GB!

Friday, May 5, 2017

Open Weekend Post 05/06-07/2017


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 05/05/2017 SPX /es

Happy Cinco de Mayo!

Jobs, Grandma and whatever else they can find to distract us today. 

We may need to pay closer attention to what's going on across the pond - Italy Dependent On ECB "Buyer Of Last Resort" As Foreign Investors Dump Bonds Amid Capital Flight


On to the lie -

SPX 5m - Let's not complicate things - descending triangle with 83 support. As the triangle flows a HnS has formed. Then a descending channel popped up. All of this is on a island which is above another island. That's all above roughly 30 points of gap space that comprise about 50% of this move off the 28 low. All of this just below the round number in range of a fresh new ATH. Sadly the current setup is so bearish it almost guarantees a breakout LOL.



More to come below.

Have a good day.

GL and GB!

Thursday, May 4, 2017

Morning Charts 05/04/2017 SPX /es

Whatever they need to tell you to justify this mess they will. S&P Futures Jump Ahead Of GOP Healthcare Vote, Ignore China Commodity Crash

On to the lie -

SPX 60m - Bottom line is after this open there is a chance there will be THREE OPEN ISLANDS. That's simply insane. You can clearly see the two open islands created over the past week's gaps. Do they really want another? This is a recipe for disaster. Bottom line is as long as they keep price above 2330 they will feel safe. The ATH carrot remains in front of the horse. Three open islands. Wow!

 

More to come below.

Have a good day.

GL and GB!

Wednesday, May 3, 2017

Morning Charts 05/03/2017 SPX /es

FOMC day and Granny Friday - they should try and keep it range bound if possible within reach of the SPX ATH. 

Bubble - There Is Now A Quadruple-Leveraged S&P 500 ETF


On to the lie -

SPX Daily - Rising wedge off DJT low. Neg divs worsen if they lift it here closing in on wedge completions.



More to come below.

Have a good day.

GL and GB!

Tuesday, May 2, 2017

Morning Charts 05/02/2017 SPX /es

AAPL, FOMC tomorrow , Jobs and Granny Friday - Barring big news I suspect we remain range bound consolidating under while reaching for the new ATH in SPX.


On to the lie - 

SPX 2hr - Double top with loads of support above 2336. If that fails it's a long, hard, fast fall. Overthrowing again with some larger negative divergences. Team total control has their hands full here.


Freedom watch - 

Never forget - Big Brother Is Still Watching You: Don't Fall For The NSA's Latest Ploy





More to come below. 

Have a good day. 

GL and GB!

Monday, May 1, 2017

Morning Charts 05/01/2017 SPX /es

FOMC week with Grandma speaking Friday after jobs report - prolly enough to stall everything out. Key Events In The Coming Busy Week: FOMC, Payrolls, 131 S&P Companies Report.


On to the lie -

ATH carrot just above. IF they can shoot it up the negative divergences on the daily will be set for a potential nasty turn. 

SPX Daily - Rising wedge A B C D completed - up for E touch? They lowered the support diagonal as they have with most rising wedge formations in recent years to allow for a potential higher run. IF they can manage a new high here once that's been achieved the wedge can be deemed complete.



Freedom watch -

Did you know that today, May Day, is a big time satanic holiday?  Ya, messed up stuff. Thought you'd like to know if some weird shit starts going down.


More to come below.

Have a good day.

GL and GB!

Friday, April 28, 2017

Open Weekend Post 04/29-30/2017

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 04/28/2017 SPX /es

Nothing worth commenting on this morning. Total Control entrenched. It is what it is till it isn't. 
 

On to the lie - 

SPX Weekly - Big picture. Scary. Remember they need something big (like a war) to cover for the coming crash (cause it's not gonna be their failed policies).

 
More to come below. 

Have a good day. 

GL and GB!

Thursday, April 27, 2017

Morning Charts 04/27/2017 SPX /es

Really? Bernanke 'Terrifies' Stock Investors, Again

No, we passed it in 2013. Have We Just Reached Peak Stock Market Absurdity?

On to the lie -

SPX 30m - Bout the only thing that I can come up with other than massive consolidation under key round numbers and the ATH carrot is this possible channel. Other than that no real larger patterns to speak of. Some neg divs working in but nothing is screaming at me right now other than 40 points of open gaps below leaving a support less void should this thing turn.



Freedom watch -

Nothing today. 



More to come below.

Have a good day.


GL and GB!

Wednesday, April 26, 2017

Morning Charts 04/26/2017 SPX /es

Early post. Late start Wednesday.



On to the lie-



Freedom watch -


More to come below.

Have a good day.

GL and GB!

Tuesday, April 25, 2017

Morning Charts 04/25/2017 SPX /es

So it needs to confirm or look out? LOL - Total Control needs to do nothing but what they want to do - Breslow: "What We've Seen So Far This Week Has Been A Gap Repricing Without Any Price Discovery"


On to the lie -

SPX 60m - Double bottom reversal with potential target of 2410. Note of this 50 point pop in price roughly 40 poings of it is GAP space. IHnS target (on the 10m chart) of 2374 was hit yesterday. Over 2378 sets higher high after higher low. Overthrowing potential descending triangle resistance and getting a HnS RS breakout once again. Basically they just shit all over a fantastic double bear formation.


Freedom watch -

Nothing today.


More to come below.

Have a good day.

GL and GB!

Monday, April 24, 2017

Morning Charts 04/24/2017 SPX /es

Well, according to the futures all is well - move along. You may want to keep this handy this week - Key Events In The Coming Busy Week: US GDP; ECB & BOJ Meetings, And Lots Of Earnings



On to the lie -


SPX Daily - What do you do when you have lots of resistance you can't get thru? Simple, gap thru most or all of it. SPX futures up 27?  Whatever.






Freedom watch - 

Paul Craig Roberts Asks "If This Is Freedom And Democracy, What Is Tyranny?"



More to come below.

Have a good day.

GL and GB!

Friday, April 21, 2017

Open Weekend Post 04/22-23/2017

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 04/21/2017 SPX /es

I golfing today so I will not be around. I may check in if I see something happening. OWP will be up at 4:00. Thanks for another gteat week on the blog.



On to the lie -



More to come below.

Have a good day.

GL and GB!

Thursday, April 20, 2017

Morning Charts 04/20/2017 SPX /es

Bubbles (see charts below) - 8 Trillion Reasons To 'Support' President Trump.  Total Control, they can't let it even correct properly. Setup for collapse sooner than later is more than evident and primed. 


On to the lie - 

DOW Weekly

 
SPX Weekly




Freedom watch -  

George Soros Accused Of "Puppeteering" Government In New Lawsuit


More to come below. 

Have a good day. 

GL and GB!

Wednesday, April 19, 2017

Morning Charts 04/19/2017 SPX /es

Quiet, veeewry qwiiet. 


On to the lie -

Consolidation under resistance continues. 


SPX Daily - Things appear to remain more dangerous than positive right now.

 




More to come below. 

Have a good day. 

GL and GB!  

Tuesday, April 18, 2017

Morning Charts 04/18/2017 SPX /es

early post





On to the lie - 




Freedom watch - 




More to come below. 

Have a good day. 

GL and GB!

Monday, April 17, 2017

Morning Charts 04/17/2017 SPX /es

Global unrest and distractions are rising - they need to blame to dip (coming collapse) on something - been saying it for years - I've always asked which would come first, the collapse or the war. STB "event" potential is really high right now.

On to the lie -

Absolute low end of the consolidation area - any wonder the futures rallied this morning?  Potential descending triangle. Price is slowly stepping down here in a orderly way. Can it remain orderly if this support cracks?

SPX 5m - The HnS I was looking at all last week may have played out. The Futures rally this morning stopped it short of its target. Falling blue wedge and double positive divergence. Bottom line is weakness persists. Sub 37 support is a real danger zone.


SPX 60m - MA resistance and a large support-less zone below. Overall a possible large descending triangle.


SPX 2hr - Overthrow over and back in the brown channel. Falling red channel and possibly a descending triangle. MA resistance all over.


SPX Daily - Lower BB support here. Possible soon 20/50 ma bear cross.



More to come below.

Have a good day.

GL and GB!

Friday, April 14, 2017

Open Weekend Post

You know the drill. Share the love and the knowledge. 

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


Have a good weekend! 

Happy Easter and Passover!

GL and GB!

Morning Charts 04/14/2017 SPX /es

Good Friday!

I hope everyone has a great Easter weekend. Happy Passover as well.

GL and GB!

Thursday, April 13, 2017

Morning Charts 04/13/2017 SPX /es

This is funny only because he's either the dimmest bulb on the planet or he just does not get it - Bill Blain "Can't Figure Out What Is Keeping Stocks So Buoyant?" The post is worth a look for some good bear porn - Should STB remind bill about this thing called Total control? 

Also - S&P Futures Slide Ahead Of Bank Earnings


On to the lie -

SPX 30m - Possibly a larger descending triangle with a HnS nearing the end. An interesting combination if it should bear fruit. Gonna have to watch 40 area support after the open for clues. There is a possible IHnS on the 5m chart that would target 66 R. Either way the consolidation I've spoken of for weeks now continues just above critical support.

 
Freedom watch -

Quiet down here for now. Sure it wont stat that way for long tho.



More to come below

Have a good day.

GL and GB!

Wednesday, April 12, 2017

Morning Charts 04/12/2017 SPX /es

Total Control. Nothing more. Nothing less.


On to the lie - 

SPX 5m - Possible backtest of the potential HnS neckline as consolidation continues. 

 



More to come below. 

Have a good day. 

GL and GB!

Tuesday, April 11, 2017

Morning Charts 04/11/2017 SPX /es

News is quiet other than we're prepping for war in two places on opposite sides of the globe.


On to the lie - 

SPX 5m - Rising wedge support gone and a possible HnS formation? That 2322 area I was speaking about last week would be the target area. Everything still looks and feels week. A move to 22 would not get too far out of the consolidation area, but anything below 36 is in a danger zone. Consolidation zone from 36 - 66 dominates everything right now.

 

Freedom watch - 

Quiet here, but don't be fooled. They have everything in place.

More to come below. 

Have a good day. 

GL and GB!

Monday, April 10, 2017

Morning Charts 04/10/2017 SPX /es

So let's stay fully invested as we position for war - Brilliant! What could go wrong? O's wasn't able to deliver the establishment's war, but it looks like T will remain on course. Even T at this point realizes that war is the only way out of the fed's fiat hell hole of debt. It really is that simple.


On to the lie -

DOW Weekly - serious upside limited - drift or consolidation above 21,000 most likely for a while (unless something breaks). 

 

SPX 2hr - Old Channel resistance is now support (and historically not the best support). Consolidation from 36 - 66 continues. Sub 40 is a very dangerous spot with little to no support to 2300 or 2280.


Freedom watch -

Nothing today. 

More to come below.

Have a good day.

GL and GB!

Friday, April 7, 2017

Open Weekend Post 04/08-09/2017

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 04/07/2017 SPX /es

50 Tomahawks must be good for business. We will get more into this next week as the proverbial dust settles.


On to the lie - 

SPX Daily - Pretty simple - completed rising wedge, overthrow to OB ATH with extended negative divergences and failure. Follow MA support /resistance as consolidation continues. 64 to 70 is R and 45 to 36 is S.



Freedom watch - 

Masters weekend - enjoy it!


More to come below

Have a good day

GL and GB!

Thursday, April 6, 2017

Morning Charts 04/06/2017 SPX /es

Masters begins today! 

I got a chuckle out of this post title. Pretty sure you know why - Cudmore: "It's Now A Matter Of When, Not If, Markets Break Down"



On to the lie -

SPX Daily - Nothing exciting other than a battle with support. The 20 dma is diving and looks like it will want to cross the 50 dma (now at 44). Does not look too good going forward here, but we all know team Total control is in da house. 44, 22, 91 and 74 are key support numbers I see right now. Under 44 is very dangerous place.



Freedom watch -

Nothing here today. 



More to come below.

Have a good day.

GL and GB!

Wednesday, April 5, 2017

Morning Charts 04/05/2017 SPX /es

Early post

I'm getting tires this morning so post may be limited. I'll post Charts below when I get into office. 



On to the lie -




Freedom watch - 



More to come below. 

Have a good day. 

GL and GB!

Tuesday, April 4, 2017

Morning Charts 04/04/2017 SPx /es

No QE = No market. EU pulling some and now this - Abe Advisor Says It's Time To Pull The Plug On QE. Don't worry, it won't last long. Just long enough to get the proper amount of shorts lined up for slaughter. 

On to the lie - 

DOW Daily - DOW 50 dma support to crack at open. Usually when that cracks it falls to the 100 dma. If that's the case this time then a tumble to near 19,133 could be in order. This is close to a 1,000 point drop. It is also at rising wedge support.


DOW Weekly - IF it's turning and we're looking for a stopping point the above is good but this should be considered as well. The 50 wma is close to 19k as well, so this double ma support point may make for a great stopping point if this fall can gain any momentum.




Freedom watch - 

I'm positive this was all above board and legal - and that O and HRC had nothing to do with any of it - White House logs indicate Susan Rice consumed unmasked intel on Trump associates

 
More to come below. 

Have a good day. 

GL and GB!

Monday, April 3, 2017

Morning Charts 04/03/2017 SPX /es

Interesting - Breslow: "The Pain Trades Are Giving Traders Headaches"


On to the lie - 

MA's setting support and resistance marking the consolidation zone from 33 - 70. Very dangerous under 33. 

SPX Daily

 


SPX 2hr





Freedom watch - 

Cause it's not a fair fight (yet) - How Obama's White House Weaponized Media Against Trump



More to come below. 

Have a good day. 

GL and GB!

Friday, March 31, 2017

Open Weekend Post 04/01-02/2017

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!

Thursday, March 30, 2017

Morning Charts 03/31/2017 SPX/es

Interesting - The Last Two Times After The Government Reported Data Like This, Stocks Crashed

And then there is this to give you a warm and fuzzy feeling about where the market is now - Mike Tyson Vs. The Grilled Cheese Truck

On to the lie -

Still mulling the possibility of "the top" call here. Got some things pointing to April as a possibility. 

SPX 5m - Possible IHnS under the pink diagonal target would be 2405. Breaking above upper blue R here in a small channel. Some sort of rising formation (like a wedge) is trying to form but has not yet. Needs a drop lower to set a missing S diagonal. 


SPX 60m - Still curious about the double apex point. R from here to 72 - 77 is about all there is left to stop it. 


SPX Daily - Another apex point. Thru the 20 dma so not much R here till 77. Indicators are working their way to topping out and a couple of small neg divs are showing up. 


Freedom watch -

Orwellian nightmare just keeps getting worse - How To Protect Your Online Privacy Now That Congress Sold You Out


More to come below. 

Have a good day. 

GL and GB!

Morning Charts 03/30/2017 SPX /es

Three Fed speakers (11, 3 and 4:30) ... enough said .... I'm out .... BOOM ..... STB drops the mic and walks off stage. 


On to the lie -

SPX 30m - Possible IHnS - target 2395. Gonna be a tough run tho with 4 resistance points from 73 - 87. If done quickly severe neg divs will be set on longer term charts. The neg divs here tho at this R don't bode well for a breakout. Of course we know it only goes where they want it to. Note: the HnS above blue diagonal could still be in play - yes, this could be a backtest of that neckline as well. So, you have two opposite HnS/IHnS formations in play in a massive consolidation area under heavy resistance in an overthrow at ridiculously overvalued situation. 






SPX 2hr - Another possible IHnS is the whole formation under upper brown diagonal resistance - Targets just under 2500. The whole move above R here (the worst overthrow possibly in history) has the chance to be a breakout and backtest before liftoff. I hate the thought of it, but with Total Control you can't discount anything up.  




Freedom watch-

Orwellian nightmare coming - Death At Your Door: Knock-And-Talk Police Tactics Rip A Hole In The Constitution

Cause they've set the narrative and defined reality for us - and we're stupid enough to have believed them - Nanny StateRecent TSA Molestation Video Proves Americans Have Become Authority Worshipping Slaves


More to come below.

Have a good day.

GL and GB!

Wednesday, March 29, 2017

Morning Charts 03/29/2017 SPX /es

early post



On to the lie -



Freedom watch -




More to come below.

Have a good day.

GL and GB!

Tuesday, March 28, 2017

Morning Charts 03/28/2017 SPX /es

Something happened somewhere that caused me to lose the post this AM. Either computer or internet related so you get the minimum this morning. Not gonna go back and recreate it. It wasn't that great anyway. 

On to the lie -

SPX 5m - 


SPX 2hr


Freedom watch -

Orwellian nightmare - Did The Government Spy On Trump? Ron Paul's Answer: "Of Course... It Spies On All Of Us!"


More to come below.


Have a good day.


GL and GB!

Monday, March 27, 2017

Morning Charts 03/27/2017 SPX /es

I'm gonna try and remain calm this week. Sadly things are starting to roll downhill again. It was only a matter of time. The Donald does not have a magic wand, and apparently his stick is not that big either. Everything is frayed. Oshithead and the Hildabeast really fucked things up. We gotta lot of hard work to do, a lot of coming together, a lot of sacrifice and a lot of pain to go thru before we're gonna get better. 

The financial issues are numerous, some seen and some unseen. One that remains in the realm of unbelief (can't possibly happen status) is pension funding. I've been screaming about it for years - Your Pension Will Be At The Center Of America's Next Financial CrisisThis is just one of the many super-problems we have, and when you start stacking super-problems on top of each other it's not a good thing. Actually it's a game ender. This and several other debt related bubbles are part of a financial crisis that will eventually bring us to our knees. 

This (pension failure/financial crisis) comes full circle to asset forfeiture and confiscation (globalism, Agenda 21/30, deep state and all that shit) which confusingly can't happen under Trump. I don't think he'd ever go there. Right now POTUS is in a wicked battle to save our ass as a nation. He's given us a chance to fight back. We better take advantage of it while it's given. 

On to the lie -

As for the markets - as Souper and I have argued since prolly 2012 here on STB - it's all about liquidity. So seeing this may give a clue as to the coming market implosion - On The Edge Of An "Uncontrollable Liquidity Event": The Definitive Guide To China's Financial System.

SPX Daily - Rising blue wedge and its dashed target diagonal. Does not look good right now for bully. The 2340 support may finally crack today. This makes the 50dma at 2330 vital. If that cracks my 2311 target area is next. Since 2311 is in no-mans land the only major support under this fall is around 2200 and the 38% retracement of the Trump pump. 



Freedom watch -

Nothing here today.


More to come below.

Have a good day.

GL and GB!