Tuesday, June 6, 2017

Morning Charts 06/06/2017 SPX /es

We keep edging closer to catastrophe. Team Total control has the lipstick and veil firmly in place right now. Father time and price will one day assert their eternal prominence, but till then it is what it is. One sneeze and a 10 - 15% correction would be a rather simple move.
On to the lie -

SPX 30m - Best I got right now for a short term chart. Overthrowing rising wedge completion with neg divs complementing the over exaggerated price move up. 26, 17 and 04 are the support numbers. They should be willing to lay a few lives on the line to keep 04.

More to come below.

Have a good day.

GL and GB!

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