Monday, June 15, 2020
Morning Charts 06/15/2020 SPX
Don’t give a fuck. That’s the attitude we’re going to be forced to exhibit versus the radical left. Damn the PC BS. We can’t stoop to their levels. We must remain calm. Tempered response for now. They’re destroying themselves and their base.
Covid doesn’t bother me. (If you’re incapacitated or over 65, then apparently it should bother you.) The social disorder is the problem, riots and the looting. You should get prepped up just in case. Extra food is going to be the big deal. Well, that and ammo. If water and power become an issue, you’re fucked.
The more people I talk to get it, and they say the people they talk to get it (I’m talking minorities). Trump keeps touting the silent majority. We’re growing. We just have to make sure our good side is always presented (not implying we have a bad side - like, what’s that? LOL)
China virus resurgence? It’s a flu. Get over it. We got it backwards last time. Old folks stay home. Everyone else, carry on.
On to the lie -
Sub 24,300 and then 23k Dow is when you get very concerned again. The 60m 200ma on the majors are about to be history leaving us with only the longer term ma’s for guidance. Dow monthly 50ma at 23,600 is a great bogey to watch for more doom, cause that’s the standard worst case support point.
More to come below.
Have a good day.
GL and GB!