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!

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