Good v evil
On to the lie -
Minis up 25. Not sue if cash creates an island or not cause of the long tail yesterday. I’ve 80% given up on if backtesting is still a thing. Kinda like I’ve 80% given up on TA overall. That said, SPX is leaning toward a falling wedge, which imo is more bearish than a triangle for duration but less for breakdown. Still too early to call that but possible.
More to come below.
Have a good weekend.
GL and GB!
Were earlier times really simpler, or is it all relative?
STB best trade is always recommended.
Good v evil
On to the lie -
Minis off a bit flirting with first true lower support. Cash is now our troublemaker. It’s gotta get though that June gap that the minis just crushed. She dipped to gap support yesterday and quickly retreated. So the HnS has broken down. If, IF she’s on her way down, that’s where TA has worked best or been most reliable. Again, 4200 is where things get interesting, if they let it get there.
More to come below.
Have a good day.
GL and GB!
Legitimately rationalizing why the corrupt control everything and half of us are bat shit crazy is much easier if you read the Bible.
Good v evil
On to the lie -
Minis up 14. Yesterday accomplished many things that make me happy. Last support for minis got obliterated, and the June gap got covered. Bears don’t get too excited. 4200 support is just below. There’s a lot of price support built in to this fall unlike last time it came off the ATH. So, unless there’s a major accident, the slow descent continues. We’ll discuss 4200 when we get there.
More to come below.
Have a good day.
GL and GB!
So glad 9/23 was a dud. Hope nobody was Koreshed.
Good v evil
On to the lie -
Minis of 12. Finally cash has gotten under a number I can get behind. Third or fourth support has failed. We’re out of the right shoulder. I’m still not all lathered up about any sort of major move. The elites like their money too much. Pigs eventually get slaughtered, remain patient. 4300 then 4200 are key numbers. Under 4200, hard hats will be required, and my targets go much lower.
More to come below.
Have a good day.
GL and GB!
Good v evil
On to the lie -
Minis up 14 after basically tagging the neckline yesterday. Somehow, I’m numb to this. Shouldn’t I have laid out a clear path to my beloved 3200 by now? This is some strange shit. Woohoo we made it to the neckline! Having a high degree of confidence that we just consolidate lower prior to the election - meaning they’ll simply corral price above 3500 for the next year - isn’t the most exciting prospect for a market blogger.
More to come below.
Have a good day.
GL and GB!
Wondering how my parents saw change compared to how I see it. Pretty sure the scale and scope are vastly different.
Good v evil
On to the lie -
Minis off 30 following up a nasty afternoon yesterday. Three levels of support have broken, yet she’s still in the right shoulder. This is good behavior, but until 4325 area goes I’m not gonna get worked up. STB still looking for broad consolidation at lower levels.
More to come below.
Have a good day.
GL and GB!
The fakes and constant lies, and we just roll along like NBD.
Good v evil
On to the lie -
She’s been in this right shoulder for a month now. Seems like forever, but symmetrically it’s spot on. Maybe the break lower out of the wedge, through MA support and under diagonal support (depending on how it’s drawn) indicates failure? It should, but you know how the game is played. STB has done well remaining patient. Let’s see if we can at least get this thing back to the neckline sometime soon.
More to come below.
Have a good day.
GL and GB!
So, is there anything really different from the headlines today than over the past two to five years? Not really. They just regurgitate and spin the same problems a different way. What’s not broken?
Good v evil
On to the lie -
Minis and cash at right shoulder resistance. STB still looking for lower broad consolidation area. Is there a possibility of a run to a double top at the ATH? Don’t know, highly doubtful, but the way shorts are lined up for slaughter and how rigged this pos is - nothing is off the table. Pretty sure higher markets are the only thing keeping the nation from a meltdown.
More to come below.
Have a good day.
GL and GB!
Good v evil
On to the lie -
Minis flat ahead of some more bs data. Not really sure why we discuss rigged markets every morning?
More to come below.
Have a good day.
GL and GB!
Pretty sure my commentary is brief up here because I’d simply never stop complaining. Plus y’all don’t need to hear how bad things are from yet another source.
Good v evil
On to the lie -
Minis of 10. Cash messing with resistance MA. If I had to guess, the shorts are piling on like sheep in line to get slaughtered. Who knows? Like I said a few weeks ago, right shoulder ramp or fail? Anyone’s guess. It whatever they want.
More to come below.
Have a good day.
GL and GB!
Remember the victims, absolutely! As for the perps- remember Building 7.
Good v evil
On to the lie -
Minis gapping up 23 to get cash over the dma resistance. Ya can’t make the shit up. Follow the Fed.
More to come below.
Have a good day.
GL and GB!
It’s nice when I don’t have anything smart to say up here. Means we must be in pause mode from the ultimate destruction train ride.
Good v evil
On to the lie -
Minis flat. Right shoulder drama. Pretty predictable mid shoulder spot to stop. Next week could be very interesting. If the charts are predicting a breakdown, something to cause it will happen soon.
More to come below.
Have a good day.
GL and GB!
Good v evil
On to the lie -
To right shoulder or not? I’m still into broad consolidation lower, just not sure where.
More to come below.
Have a good day.
GL and GB!
If people still gave a shit, we’d all be much better off.
Good v evil
On to the lie -
If people didn’t give a shit, we’d be much better off.
Minis off a bit. Still in that right shoulder conundrum.
More to come below.
Have a good day.
GL and GB!
Good v evil
On to the lie -
Minis off a bit. Minis form cleaner than sloppy cash. Almost like they tell two different stories. Just adds to the confusion. Cash Right shoulder ugly but still there. SPX double top and close the gap? What do they want is the question? I’ve learned to follow the Fed and greed. Markets don’t “have to” do anything. TA is not a reliable predictor anymore. STB best trade is always a good idea.
More to come below.
Have a good day.
GL and GB!
Heads up. Holiday weekend with start of football. Lots of distractions.
Good v evil
On to the lie -
Minis up a bit toying with resistance. It’s all about greed and pacification at this point. Oh, and liquidity too. Price still at a point it could go either way.
More to come below.
Have a good holiday weekend.
GL and GB!
