Friday, August 2, 2019
Morning Charts 08/02/2019 SPX
POTUS tariff talk bother the universe. The Art Of The Deal - the man know his hand. https://www.zerohedge.com/news/2019-08-02/sea-red-global-markets-tumble-post-trump-tariff-carnage Sadly I’m not sure if he knows when to take his foot off of the opponents throat.
Apparently everything is gonna get delayed till after the election. China, Comey, now Epstein and I’m sure many others to come - all to try to avoid possible justice at the hands of the next crony that runs the show. https://www.zerohedge.com/news/2019-08-01/epsteins-lawyers-request-full-year-review-million-pages-documents-0 Ha! 4 more years bitches!
How sweet poetic justice can be. (Wait tho - in 5..4..3.... they blame Trump) https://www.zerohedge.com/news/2019-08-01/elijah-cummings-baltimore-home-robbed
So we know this cause Q told us about FVEY - Australia is as well. Old news to those in the know. https://www.zerohedge.com/news/2019-08-01/uk-its-neck-russiagate-affair-secret-texts-reveal-british-role-trump-coup-effort
On to the lie -
SPX, DOW, NAS and RUT are all at support, but if the futures are right they may not stay there. To keep it simple 17 is next support for SPX. Over the next 200 points to MAJOR SUPPORT they did build in some stopping points. Not many but ... this fall may bruise a little but nothing terminal YET with initial diagnosis. We all know the patient is riddled with diseases, right?
Draghi to stimulate. If that doesn’t work China will be next. You should know their fire drill by now. https://www.zerohedge.com/news/2019-08-01/mario-draghi-lays-out-plan-dangerous-round-stimulus
UNLESS they do use the markets to go after Trump, cause it’s damn fo shizzle they got absolutely nothing to compete with him or his movement.
More to come below.
Have a good day.
GL and GB!