Wednesday, July 31, 2024

Morning Post 07/31/2024 SPX

Gonna get nasty between now and election. The two sides are already pretty obvious. 

Good v evil 

On to the lie - 

Minis up a healthy 52 points. That enough to make it back to the resistance area around 5525. Fed day. Qs hit a decent support area around 17,100. They better step in here soon or indexes will begin to challenge long term support points with weekly indicators looking ominous. 

More to come below. 

Have a good day. 

GL and GB! 

Tuesday, July 30, 2024

Morning Post 07/30/2024 SPX

It’s getting really crazy out there. Are you entertained?

Good v evil 

On to the lie - 

Minis up 10. I’m pressing on my best trade rn. 

More to come below. 

Have a good day. 

GL and GB! 

Monday, July 29, 2024

Morning Post 07/29/2024 SPX

Can they make it any more blatantly obvious the PTB hates Christianity? 

Good v evil 

On to the lie - 

Big earnings day today. Minis up 20. Last week may have seen some sector rotation. Support success/failure shows where favor ability remains. That list got shorter every week for the past two months. Limping to the finish?

More to come below.

Have a good day. 

GL and GB! 


Friday, July 26, 2024

Morning Post 07/26/2024 SPX

Good v evil 

On to the lie - 

Minis up 45. PPT doing their thing overnight. IMO SPX gave weekly sell signals yesterday. This of course means they must go on offense or else. We’re too close to November for them to allow a market failure.  There is diagonal support here. The indicators are so overbought. If they don’t make a stand here it gets ugly.  

More to come below. 

Have a good weekend. 

GL and GB! 

Thursday, July 25, 2024

Morning Post 07/25/2024 SPX

I think we got us a good ol fashioned FF comin. 

Good v evil 

On to the lie - 

Minis off 12. Yesterday took /es through first support. From 5350 to 5000 is a previously congested area that will offer support. Below 5000 is a very slippery slope. 

As for cash, it’s parked on two critical support points. The 50dma and rising wedge diagonal support off the November low are all that’s left to hold price up. It’s a real STB best trade moment. If you don’t have your supplies, I suggest you get them sooner than later. 

More to come below. 

Have a good day. 

GL and GB! 

Wednesday, July 24, 2024

Morning Post 07/24/2024 SPX

 Good v evil on display for all to see. 

On to the lie - 

Minis off quite a bit. I said late yesterday in comments that it looked like price hit a wall (second time recently) and they’d need to pump it this morning. Maybe they’re setting up a short squeeze? Daily still in sell mode but not weekly yet. Who knows with this rigged POS? Charts are having a moment tho over the past few weeks. 

More to come below. 

Have a good day. 

GL and GB! 

Tuesday, July 23, 2024

Morning Post 07/23/2024 SPX

🍿

Good v evil 

On to the lie - 

Minis flat. I still got SPX daily in sell mode but not weekly. 

More to come below. 

Have a good day. 

GL and GB! 


Monday, July 22, 2024

Morning Post 07/22/2024 SPX

The world is very similar to shatter resistant glass rn.

Good v evil 

On to the lie - 

Minis up 30. Probably happy PJ is out of the race. I’ll post charts in comments later. 

More to come below. 

Have a good day. 

GL and GB!