Wednesday, June 28, 2017

Morning Charts 06/28/2017 SPX /es

Easy for Granny to say - Yellen: "I Don't Believe We Will See Another Crisis In Our Lifetime"

On to the lie - 

SPX 30m - Futures looking to get it back into the 28 - 39 safe zone. That crack was not good. Couple options here - they like to break rising wedge support only to set a new lower support diagonal thus extending the life and length of the wedge OR this is a march up to a backtest of busted support and some sort of failure is coming. 04 and 66 are the big numbers. Chances of hitting air pockets are great if the right news can get flowing. Never forget who is in control.

More to come below. 

Have a good day. 

GL and GB!

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