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!

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