Friday, May 15, 2026

Morning Post 05/15/2026 SPX

Good morning STB!

So much going on. Most alarming thing yesterday came from the AI arena where AI hacking is now a thing. Potential chaos looms until an AI defense to this problem can be developed. Things are also rather prophetic all around. IYKYK.

Good v evil

On to the lie - 

Minis off 80. Oops! Nearest support I can find is 400 points down at 7150. Thats to be expected after insane, unconscious, irrational runs. STB was all over rising rates well before the war. Interesting timing for the new Fed chief as the UST10 charts say he will react and try to stop the climb sooner than later as the daily rising wedge is running into weekly diagonal resistance. If the monthly chart says anything, rates will skyrocket (bull flag). If weekly resistance cracks, things get really interesting. Bitcoin is at a reversal spot after a breakout that overshot diagonal resistance and has run into its 200dma. It’s an STB point I should have called weeks ago. 

Have a good day.

GL and GB! 

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