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!

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