Open Weekend Post 02/28-03/02

You know the drill, share the love and the knowledge.

Well, what a week. What an ending to the week as well. Apparently Russia is not like the US and they will use the new moon to their advantage when it comes to raids and invasions. We'll have to follow the news on this one closely. Apparently the markets did not like this action at first, but they were not long to discover it has bullish underpinnings - death, destruction, destabilization, increased lending needs, increased military sales - all are positives. Well, to "them, they are. To the rest of us pawns, it's not so glorious and funny. Maybe O will finally get his much needed war.

As for the charts. Well, we discussed the near perfect top scenario all day Friday. The red rising wedge of death throwing out a pink ED, which threw out a green ED, which both failed and then the blue ED popped up to complete backtests of pink and green and hit the upper resistance diagonal of the red rising wedge of death all within a long yellow channel that has not broken down yet. That's a lot of stuff. All that culminated right when the Russians invaded. Did TA nail the top to the minute? We'll have to wait and see. That may have been one of the best technical reversal points I have ever seen. Apparently the PPT had enough of the red action late Friday, rammed some green shoots up the markets keister and shot the minis back up 17 points to correct most of the 21 point 45 minute tumble. As usual, they made a statement, do not short or else.

I'll be around. I'll update the chartbook this weekend. If you see it, post it.

Enjoy the weekend.

GL and GB!

Morning Charts 02/28/14 SPX /ES

After Yellen yesterday, I'm left a bit speechless. Not sure why. Nothing has changed, and nothing will change. There is one path only now. I'm pretty sure that for some time everyone has known that it makes no difference if they try to fix things or not. Either way complete financial destruction is immanent. 

The path is set. You can see it clearly in the actions of both the Fed and the government. The Fed continues on the course to financial ruin, while the government furthers its nanny/police state total control grid. Time is the only element that matters now for them and us. About the only question left is how long can they keep us distracted and believing we still have individual freedoms?

Fortunately more sheeple are waking up everyday to the new normal. The IRS, NSA and various other scandals combined with the mounting debt and faltering economy are actually providing a common ground for the conservatives and libtards to stand on. Common ground, coming together, is not what the government wants. As one we can defeat them (or at least slow them down), divided (see the popular results of the last election) the have us right where they want us.

It's becoming blatantly clear the end is near. For goodness sakes they were about to try and put FCC monitors in national news rooms to control news on a "need to know" basis. And some still believe what they hear from the MSM? The 4th Estate has been occupied, and all that's left is the alternative media to disseminate the truth. Sadly that can be turned off with the flip of a switch. You do know that propaganda is now lawful in the US? That's right, the Current congress, yes, the one with the 9% approval rating, repealed the propaganda ban last year.

Thanks to what's left of the Constitution (we still have guns - thank you founding fathers) we still have it better than the rest of the world, but what we do have left we're losing fast. Listen carefully to what they say. Read the alternative media. Heed everything you see here and in the comments section. Wake up to what's going down around you. Time is running out, and you will have to make the decision. Either you will make a stand and be part of the solution, or you can be another sheeple and be absorbed into the entitlement state. Either you are a patriot (now deemed a terrorist), true to the Constitution, or you are an entitlement slave subject to their socialist rule. You have a choice to make and not long to make it.

On to the lie -

RUT Weekly - LOOOOL. One thing of interest is that the 38% retracement, the 200wma and the prior ATH levels all are coming aligned. Dig the neg divs in the MACD hist and the MFI. I have to ask, does that look like the greatest bull trap run of all time to you?

NDX Weekly - Are you serious? they are actually overthrowing the channel resistance? Can you say arrogance? Another question, is the MFI busted?

DOW Weekly - Improbable? Are things really this good?

SPX Weekly - Overthrowing the LT channel resistance and setting ATHs? Really?

You draw your own conclusions as to if we're near an end game or not.

More to come below.


Have a good weekend.

GL and GB!

Morning Charts 02/27/14 SPX /ES

Yellen at 10:00 and the Russians, with a new moon coming soon, have air patrols over the Ukraine's border with troops being deployed. Those should be the headlines today. As for Syria, Japan (don't forget Fukushima), China, N. Korea, the entire EU, MENA, Israel ..... please just focus on the disaster/distractions du jour please. The global juggling act is front and center and the two balls/chainsaws in the air today are the Fed and Ukraine.

The Ukraine is the real deal. Our CIA has done a spectacular job on the ground there destabilizing yet another country. What, this is 6 or 7 in the past several years? They are getting good at this. Can you say, generating massive weapon sales that must be financed by the banks all the while protecting the petrodollar's dominance. One might be led to believe that the central banks and the military industrial complex were working together, but that would just be conspiracy hogwash wouldn't it?

It appears that their timing for this debacle is near perfect. STB has been discussing for years now how this financial collapse will would end in a war.The war will serve multiple purposes. The war will be a distraction to mask reality and will allow the government even more reason to expand its power and authority over the sheeple. I've often wondered which would come first, the crash or the war. We may be about to get that answer.

As for the Yellen testimony today, it means everything to the markets. As I've told you almost daily for the past several years, it's all about QE and nothing else at this point. As long as there is the slightest hint that the Fed may end the taper or even increase QE, the markets will remain in bull mode. If the threat of further taper and ending QE becomes real, the markets will collapse. If the Fed's liquidity backstop is removed, it is game over for the markets.

The one thing the Fed can not abandon is ZIRP. Interest rates can not rise period, or it will be game over. If rates tick up we will then not be able to service our own debt, and default is not an option (yet). Massive global default comes as a result of the war as predicted by STB back in 2009. Then comes the retirement plan confiscation and severe capital controls, but tlet's not go there today.

So, the war Obummer desperately needs may be on the horizon. If so, so is the end game for everything as we know it. Liberty and freedom are on the line here as well. Get your popcorn and your AR-15's ready, the show is about to start.

On to the lie -

Top, do we discuss that taboo word? Sure, why not? Nothing is taboo here at STB. We ain't sceeered of nuthin - as we say down here. Regular readers know my trials since the 1/15 miniscule short, and you know I'm thinking of entering another short here. I almost pulled the trigger yesterday, but frontrunning Yellen's testimony today forced me to hold off. Let me add that even after this top (whenever that is), this QE on/off game will be employed by the Fed and will cause great gyrations.

Technically this position is even better than the one I shorted in January. All the stars are aligned, but the one problem that remains is that this is still the Fed's market. They maintain complete control, although it appears some of their power is waning.

SPX Weekly - The ED and the indicators below tell a fantastic story. How many double tops in overbought markets with technical overthrows of disastrous internals can they have before this thing implodes? I've shown you this chart with the support diagonals on the indicators and the yellow boxes indicating how much time they have left. Three of the support diagonals below were breached last week, only to have the markets rally to new ATH's all the while leaving disastrous negative divergences. Does the Fed have one last overthorow in their bag of tricks? I've told you all along to remain patient, follow the Fed and that TA would get it right. Welcome to the moment we've all been waiting for. We should be within months now, if not there right now, of this farce finally coming to an end. Is it STB's "event" time?

This chart is Nasty! Two overthrows (black dashed vertical lines) of points where the Fed has gone out of control delaying the top and now here we are again? With that ED? With those values? With a crumbling economy and everything else? And see the VIX at the bottom? It's broken LT resistance and backtested. BLS BS, propaganda and a controlled MSM, NSA blackmail, DHS and police brutality, bought and paid for congress, potus that is a foreign born muslim, that hates America, is a pathological liar and may be the antichrist, debt out our ass, crippled economy .... you tell me how much longer they can hold out.

I've not called a top since the one in April of 2011.I suspect I'll pull the trigger any day within the next couple of months.

I'll do the minis below.




Have a good day.

GL and GB!

Morning Charts 02/26/14 SPX /ES

Not gonna moan today. I hit y'all pretty hard yesterday, so I'm gonna give it a break today. I will say it's really bad out there and getting worse. Stay in the alternative media and away from the MSM. Gather your thoughts and feelings. Get your mind right. See reality for what it is, not for what they want you to see. The propaganda is horrendous.

On to the lie -


SPX 60m - The perfect double top? Double negative divergences at this top. This is a recipe for disaster.

SPX Daily - On our 19th consecutive negative divergence without a major correction. Bout the only think I don't like about this chart as far as downside is concerned is the fact that the BB's are so wide.

SPX Daily - Are we about to enter yet another overthrow situation? The last one did not last that long, which is indicating weakness and a possible top. Can they push the daily thru yet another set of negative divergences that indicate very weak support? This double top black wedge support backtest is really juicy with all the neg divs below and the news what it is.

Minis 30m - Fighting for its life to hold that pink rising wedge support. New rollover rising green wedge support is getting beat on as well with neg divs on the short term charts as well. This set up is looking rather dire and may require me to pull the trigger on another swing short soon.

More to come below as I digest things. If that green support goes (1844 s/r area) it could get interesting again.



Have a good day.

GL and GB!

Morning Charts 02/25/14 SPX /ES

I may have to change the name of STB to Dodger's Blog or something like that. Maybe Neo's Place? Somehow I have managed to dodge calling a top on this miracle run for the ages. What appeared to be against all odds to most, yesterday, yet another new ATH was hit. Just how does a permabear like me continue to get this market non-top thingy right?

It's simple, I believe! I believe baby! I believe in manipulation, corruption, deregulation, greed, conspiracy, I'm 100% bought into their control state. I wholeheartedly know that this market is no longer real. It took a while, but sometime I'd say in 2011 I finally bought in. Once I figured out QE and the path they had chosen and separated their Matrix from reality, it all became crystal clear.

Back in the 90's when I first got into conspiracy stuff, it was for fun. It was like reading a real life fiction novel where all the characters were real. Full of what if's and all sorts of twists and turns that were unimaginable. then a funny thing happened along the way. The more I read, the more my knowledge grew and as time passed the dots started connecting. Conspiracy theory, once a ting for the kooks and hippies, started to become conspiracy fact.

Funny, when I first started STB I tried pretty hard for some time to keep conspiracy related stuff off the blog, but soon I found it impossible. It was impossible because everything market oriented was rooted in these whacky theories I'd been fascinated by for so many years. The Creature From Jekyll Island was REAL! OMG! Well, the rest is history and everything is starting to fall into place. From Eisenhower's warning of the military industrial complex, to JFK's secret societies, 9/11, the Patriot Act, FEMA, DHS, NSA, all the way to Obummer - IT IS REAL!

If you think you have freedom think again. You've been reduced by the system to be nothing more than a debt serf. You are prayed on and fed upon by a greedy money sucking parasite. We are the host organism, and sadly that virus that is central banking is about to kill its host. To make matters worse the government fully supports and represents the parasite and no longer us, the host. The virus has taken over complete control of the system.

Unfortunately, history has taught us how this will end. Life will go on, but how, none of us know. Technology is the game changer and where we're headed towards some form of corporatocracy I'm guessing. Think Robocop. Most long term readers know where I think we're headed, so I'll discuss this more at another time.

This does however, lead me back to possibly my greatest call and possibly the greatest market call of this age (IMHO of course) - the STB "event" call. What can stop and out of control machine that dominates every corner of everything and has nothing to stop it? There will have to be something so large that it stops everything and resets the system. I firmly believe this is where we're headed.

Now, if this is literally biblical or not, that I do not know. It sure seems that way, I'll ask that you be prepared for either outcome. Keep Him close, but you may want some extra food and ammo just in case He's not ready yet. Bottom line is Agenda 21 and the NWO are real. There is a secret cabal that runs the show. The Rothschilds and Rockefellers are real. The banks want war for profit. They want war for destruction so they can fund the reconstruction. The current administration must have a war to conceal reality and make their mistakes disappear. Some want war for eugenics reasons.

I can go on and on. The paint is on the canvas and there is no changing that now. Once dried, its all over. So, the great illusion, the market, will continue to distract till they can no longer manage it. Soon the false flags will come inciting war to cover the economic and financial disaster they have created. We're on the verge of a massive global reset. How this ends up is anyone's guess. It's not hard to see a situation like the Hunger Games or pick any Stallone or Schwarzenegger movie theme evolving. All I can ask is that you wake up, buy in and believe the way I have. Prepare yourself, cause time is running out.

On to the lie -

Is a chart really necessary after all that? I think not. I'll reiterate that I believe that TA will get it right in the end, and that price will never lie. It rules all. Thus, I trudge on.

Minis 60m - The rising pink wedge fighting to hold support after the completely improbable run over the past two weeks. 

SPX Daily - Seriously, that backtest of the busted rising black wedge support could have been the moment. I'm considering it.

More to come below.



Have a good day.

GL and GB!

Morning Charts 02/24/14 SPX /ES

Good morning. Ready for your daily dose of distraction courtesy of the almost ATH stock markets that no one can take their eyes and ears off of? Hot dawg! Ain't this special. You sheeple, please, come on to the trough of fortune. All are welcome. UP, up, up, rich, rich, rich, a fortune in every box. Broadway Ben has retired but Yellin it from the mountain tops has the reigns of this side show now, and she's got your back. Risk on, risk free, the Fed's backstop is in place, nothing can go wrong, so bring the system everything you've got. Let us make all your dreams come true.

Well, that's my market coverage for today. If you'd like to know their agenda for the week, you can see it here. Sadly this link does not include pre-release data or the BLS BS curve that they use to manipulate the numbers with. Those are only for the insiders and are not currently publicly available. Sadly you probably don't have a co-located server that can make algo driven, no liquidity required, penny skimming quotes that can within nanoseconds place your insider knowledge based trades. That's OK! These machines are there for your benefit, so just get long, BTATH and ride this sucker to prosperity.

In case you missed the message hidden in the above - baffled by BS is my point. As STB has preached for years, the market is the great illusion that is meant to keep you calm, keep you from becoming involved, to keep you from waking up to the reality that surrounds you. That reality is a crumbling everything that is economic and social. You need to pay close attention to the Ukraine and Syria issues. Guess what, they are distractions as well. You really need to be watching your government very closely right now. They are stealing freedom and liberty right from under your nose. I suspect a really large false flag is coming soon.

On to the lie -

I snatched this from the OWP. Since posting this over the weekend I've seen several others discussing 1860 which is a number I was throwing around late last week. 

Minis Daily - Rising pink wedge of death? Double top, watch the 60m 200ma here with pink wedge support for a critical point. Sadly for the bears a massive (like massive) inverse HnS is potentially setting up. This would lead to the overthrow bull trap from hell if it were to happen. I don't like it, but with Team Manipulation's back against the wall they may make one last push for glory to suck in those last few idiots. I'm not calling that, just noting the potential. I don't like up here, but as usual will never leave the possibility out of the equation. What I'm kinda looking at as an alternative if the double top does not work is the pink wedge to the green wedge backtest. This kinda works with the IHnS above but the wedge/backtest intersection is all the way up near 1880 in early May. Just a technical road map that one must consider. What I don't like is this seems way too obvious, but it would make for one heck of a bull trap. 1858 is red resistance and 1880 is green backtest. If things don't turn here, those are the numbers I'll be looking at.


Sorry, this chart is not the best. I'll get into more detail below.

Have a good week.

GL and GB!

Open Weekend Post 02/22-23/14

You know the drill, share the love and the knowledge.

So, the minis are at a point where I would like to add to my 1/15 short on "principle" reasons only. This double top (some say triple which is fine) should be one of those technical points where the "end" could really happen if the 1850 level was really "it". The problem is that if I add here, then this would have to be it, THE top. Not sure I am ready to pull that trigger, and I was certainly not about to do that on a Friday. All that said, this situation leaves the door open for an "event" this weekend. One of those things that TA can eerily predict.

Minis Daily - Rising pink wedge of death? Double top, watch the 60m 200ma here with pink wedge support for a critical point. Sadly for the bears a massive (like massive) inverse HnS is potentially setting up. This would lead to the overthrow bull trap from hell if it were to happen. I don't like it, but with Team Manipulation's back against the wall they may make one last push for glory to suck in those last few idiots. I'm not calling that, just noting the potential. I don't like up here, but as usual will never leave the possibility out of the equation. What I'm kinda looking at as an alternative if the double top does not work is the pink wedge to the green wedge backtest. This kinda works with the IHnS above but the wedge/backtest intersection is all the way up near 1880 in early May. Just a technical road map that one must consider. What I don't like is this seems way too obvious, but it would make for one heck of a bull trap.

If you see if, post it. Sochi closing ceremonies Sunday could be an "event" worthy moment.

Have a good weekend.

GL and GB!

Morning Charts 02/21/14 SPX /ES

and ...Overnight Futures Track USDJPY Tick For Tick, As Usual


USD/JPY - They are running out of time and room.

Minis 60 - The pink rising wedge with upper red resistance just above near 1860 -

More to come below.


Have a good weekend.

GL and GB!