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!

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