Morning Charts 07/21/2016 SPX /es

Not much to say down here this morning. SSDD.


On to the lie - 

MOAR. Just don't forget that, EVER! I've spoken bout this for years. Total control. I'm really glad that a lot of you get this now. Remember, we here have been discussing the lipstick on the pig and how they can't let the markets fail. It's all they have to hide reality. 

SPX 30m - Used the wedge to rise and overthrow resistance - then the wedge broke down but still in an OB overthrow situation. I want to see a pullback to 00 or 2064. 

Freedom watch - 




Constitution today - 

Amendment I

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.

Cruz proved that he's the establishment's puppet last night, and he also showed how to use the the First Amendment like a liberal little bitch.


Executive Order School - 

I'll expand on this when I have time, but let this bother you just a little bit. 

STUDY: OBAMA HAS ISSUED MORE RESTRICTIVE EXECUTIVE ORDERS THAN PAST SIX ADMINISTRATIONS


More to come below. 

Have a good day. 

GL and GB!

Morning Charts 07/20/2016 SPX /es

I don't really cover earnings for a good reason - they're BS. Plus QE and helo money are all that matter - witness - Morgan Stanley Beats Despite 9% Drop In Revenue, Helped By Cost-Cutting, Strong FICC; Shares Jump. 

LOL


On to the lie -


SPX Daily - It's not the mess it was, but it is a mess. this thing really needs a pullback to 2100 or 2064 s/r badly, but they won't let it go.

Freedom watch -

In Surprising Move, Twitter Permanently Bans Conservative Commentator Milo Yiannopoulos the fantastically fabulous Milo has been booted by the system - He was histerically dangerous to the establishment. When they start trying to silence outspoken gay conservatives you know the system is about to blow up.  

Also I'm pretty sure Erdogan and Turkey will be an ISIS state by the end of the month. As Erdogan's Historic Purge Claims 50,000, Turkey Set To Unveil "Emergency Measures". Obummer's greatest moment of his presidency.

Constitution today -

Article II

Section 4.

The President, Vice President and all civil officers of the United States, shall be removed from office on impeachment for, and conviction of, treason, bribery, or other high crimes and misdemeanors.

Executive Order School - 

Can't think of a better one to start this new STB section off with - Everyone should know about EO 11110. 

Executive Order 11110 - Amendment of Executive Order No. 10289 as Amended, Relating to the Performance of Certain Functions Affecting the Department of the Treasury

If you did not know, this was what most believed got JFK JFK'd. Trying to end the Fed and taking control of the US currency is obviously off limits to anyone.

More to come below.

Have a good day. 

GL and GB!

Morning Charts 07/19/2016 SPX /es

Simple, hard truth - get used to it - hopium!

"In short, the market is not trading on a rebound in GDP, revenue growth or a breakout of already elevated profit margins. It’s just high on one more dose of monetary cocaine that in short order will prove to have been not even that."

And just like every other drug induced binge - this will end badly as well. 


On to the lie -

SPX 2hr - Total mess, but that's OK. This is the stuff that tops are made of. IMO way OB and in overthrow mode. Odds of this run making "the" top are very, very high.

Freedom watch -

Obummer infidel progression - at least he's having astounding success in one aspect during his rule - Top Turkish Official In Charge Of Campaign Against ISIS Found Dead, Shot In The Neck


Freedom? It's their planet - not yours. It Is A Smoking Gun - Prince Bandar And Other Saudis Financed The 9/11 Terrorists



Constitution today -

Amendment III

No soldier shall, in time of peace be quartered in any house, without the consent of the owner, nor in time of war, but in a manner to be prescribed by law.

"Described by some as “a preference for the Civilian over the Military,” the Third Amendment forbids the forcible housing of military personnel in a citizen’s home during peacetime and requires the process to be “prescribed by law” in times of war.  This Amendment is not considered controversial and has never been litigated before the United States Supreme Court"


More to come below.

Have a good day. 

GL and GB!

Morning Charts 07/18/2016 SPX /es

So a failed/fake coup, numerous police murdered and a whole other pile of poop over the weekend and the SPX is set to open up 6 points .... You know, really? Whatever. It's all so beyond ridiculous at this point and spinning out of control. It's all good folks. There are no sharks in the murky waters. Come on in for a swim. It's perfectly safe. The MSM says so!

On to the lie -

SPX 30m - I still got my 54 short and am looking to add. I hope I pull the trigger today. Same scenarios - either the IHnS targeting 2227 or the wedge has ended and we're due for some sort of reversal. I'd like to see a pullback to 2100.

Freedom watch -

Where do we start this section today? Goodness. It's fairly obvious we're headed off the cliff unless some sort of miracle happens. One word - Globalism, their plans are all coming together and intensifying. I'd be surprised if something drastic does not happen in Cleveland this week. There are a bunch of poor pissed off black people being paid by Soros and others to start a race war. potus, the great unifier, has done his absolute best to further divide and destroy this country he hates. Guns folk, they gotta get our guns.

Constitution today -

Section 4.

The United States shall guarantee to every state in this union a republican form of government, and shall protect each of them against invasion; and on application of the legislature, or of the executive (when the legislature cannot be convened) against domestic violence.



More to come below.

Have a good week.

GL and GB!

Open Weekend Post 07/16-17/2016

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

If you see it share it.  I will as well. 

Have a great weekend.  

GL and GB.  

Morning Charts 07/15/2016 SPX /es

I get what the picture says, but don't believe everything you see - BofA: "Monday Is When The Bears Capitulated", Now Stampeding Into Equities. I'd say the smart money knew to get out of the pool of sharks swimming in rumors or moar helo money. I would not say the bears capitulated anything. We're no longer the Pooh bears, becoming more Yogi bear.

On to the lie -

Doubt I'll buy anything new short today unless something deteriorates. Worried about "events" at coming convention. Soros is about to really shake things up I think. Technically price is ready to turn, but we've been here before. Caution is emphasized if you're looking to jump in the pool that's constantly having moar liquidity added to it. 

SPX 10m - On second thought, I may have to take a stab at a short this morning - I'll let you know if I do anything. That wedge is amazing.

Freedom watch -

Right up there with the bizzare/questionable polling numbers reported yesterday - If you think The Department of Truth is bad under Obummer, just wait till the Hildabeast is in charge. Caught On Tape - CNN Reporter Cut Off Air As She Critiques Hillary Clinton



Constitution today -

Amendment X

The powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.

"The Tenth Amendment helps to define the concept of federalism, the relationship between Federal and state governments. As Federal activity has increased, so too has the problem of reconciling state and national interests as they apply to the Federal powers to tax, to police, and to regulations such as wage and hour laws, disclosure of personal information in recordkeeping systems, and laws related to strip-mining."

More to come below.

Have a good weekend. 

GL and GB!

Morning Charts 07/14/2016 SPX /es

ZH reading like an obituary (even more than usual) this morning. There is a slight issue in QE world - "It's Prohibited By Law" - A Problem Emerges For Japan's "Helicopter Money" Plans, but I'm sure that just like in the US laws wont get in the way of 'progress'.I'm a bit confused as this news should have tempered the futures, but .... well, you know, details are just details. 

While at ATH's quotes like this are not what one expects to be reading, "It’s not a stretch to call this the end of capitalism and the beginning of a new Dark Age." That's from the post "Soon" And "Really, Really Crazy": Starting Up The Helicopters. And the markets react with amazing correlation to the news - no matter how bad. It is a race to the end and everyone is getting their pile of worthless fiat as big as possible. 

Why not throw this in for good measure since we're checking the global economic temperature - Germany Sells First Ever Negative-Yielding 10Y Treasury, Corporate Bonds. All is well, I see no reason prices are not even higher in the markets. 

On to the lie -

Well, ill feelings and not liking price action - I've seen charts long enough to know most of the time when things just are not acting right and yesterday was one of those days. I honestly don't know what to tell you. JPM earnings and MOAR are too much to overcome this morning. I'll be looking for another short entry point. Don't think I'm peeing into the wind here. 

SPX 10m - Rising wedge. Should complete or overthrow this morning (and we're in an overthrow situation already). This is as good a technical reversal point as you'll ever get. Of course in a completely controlled environment that does not matter anymore. 

Freedom watch -

From the Department of Truth - More Questions Emerge About Skewed Hillary Polls.   

Constitution today -

Amendment I

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.

"The First Amendment guarantees freedoms concerning religion, expression, assembly, and the right to petition.  It forbids Congress from both promoting one religion over others and also restricting an individual’s religious practices.  It guarantees freedom of expression by prohibiting Congress from restricting the press or the rights of individuals to speak freely.  It also guarantees the right of citizens to assemble peaceably and to petition their government."

More to come below.

Have a good day. 

GL and GB!

Morning Charts 07/13/2016 SPX /es

Well, my short from yesterday may be F'd. It seems they are in twin-turbo mode now. Fed's Mester Says Helicopter Money "The Next Step" In US Monetary Policy.

Look things are really screwed up, and it is their job to distract us via any possible means. potus (I refuse to capitalize that) has us right where he wants us - on the verge of collapse. They must maintain until they can get all the pieces in place. As for Trump, he's our only hope now. I'm not sure that the Hildabeast is not set for coronation no matter what. Shit's getting really scary. 

On to the lie - 

Two very distinct and different charts - Overthrow vs. IHnS. Gundlach Gets More Bearish, Says "Big Money" To Be Made On The "Short Side" I agree here, let's just get the timing right.


SPX Daily - ATH and overthrowing negative divergences. May not be there quite yet, but the setup for reversal is getting primed.

SPX 30m - IHnS for the dreamers and believers of infinite QE (cause that's the new reality). 2227 target. But that old channel resistance? Yup, they are gonna pop over that this morning. I may add to my short from yesterday.

Freedom watch - 

Beyond bizarre when NYT and Trum agree on something - the justice system in this country obviously only exists for the elite (see HilLIARy) and TBTJ. Donald Trump Rips Ginsburg: "Her Mind Is Shot, She Should Resign" As NYT Says Trump Is Right

  
Constitution today - 

Amendment IV

The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

"The Fourth Amendment originally enforced the notion that “each man’s home is his castle”, secure from unreasonable searches and seizures of property by the government.  It protects against arbitrary arrests, and is the basis of the law regarding search warrants, stop-and-frisk, safety inspections, wiretaps, and other forms of surveillance, as well as being central to many other criminal law topics and to privacy law."

 More to come below. 

Have a good day. 

GL and GB!