Morning Charts 08/31/2016 SPX /es

Nothing up here.

On to the lie - 

Jasper - wake me up when we're sub 59. Thanks. 

SPX 5m - OK, we've finally achieved a top line resistance that's worth drawing on a chart. Ya, it's only a 5m chart, but hey, we gotta start somewhere.

 
Freedom watch - 

Cause I'm not crazy - I may sound like a loon, but my track record with these fringe topics is pretty good - the possibility here is very high - A Candidate's Death (or incarceration) Could Delay or Eliminate the Presidential Election


More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/30/2106 SPX /es

As I've said for years now - confusion is the Fed's best policy - Fed's Fischer Speaks, Says Rate Decision Not "One And Done" As He "Takes Markets Into Account", so they talk out of both sides and manage a win win. Simply amazing - no not really when you have total control.

On to the lie - 

SPX 60m - Not much there after the extremely steep rising wedge tried to roll over but was Mutumboed. Total control folks. It's a long way down with very little real support under 2120.

Freedom watch - 

Well, HuffPo "Revoked Publishing Access" Of Journalist After 'Hillary Health' Story: "It's Orwellian...I'm Scared", are you surprised? You shouldn't be. It's everywhere in everything - just more total control - What The Media Did Not Report: Here Is The "Ignored" Part Of Kaepernick's Speech. With Journalists being detained, prosecuted and murdered across the globe, and add the control of the internet being turned over - you gotta ask how much longer will they allow us to speak freely? Truth is possibly the most endangered commodity on the planet right now.


More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/29/2016 SPX /es

It's really not fair when they start talking out of both sides of their mouth - see Global Stocks Slide, Futs Flat; Commodities Down On Stronger Dollar As Hike Odds Reprice Higher and "It May Take A Massive Program, Large Enough To Shock Taxpayers" - The Jackson Hole Post-Mortem. They want to have their cake, and ice cream and cherries and all that stuff and share it with no one.


They're gonna ease, continue to ease and then threaten more easing - just sayin.


On to the lie - 

SPX Daily - Daily BB's are really tight indicating a big move coming. Given all the neg divs and seriously OB conditions only one way should really be expected for this move. 2115 - 2120 would make a great target to dip the proverbial toe into the waters of doom. Technically this thing's been defying gravity for about 4 months now.

 
Freedom watch - 

I still think something is going to happen to cancel the election - "If This Does Not Disqualify Hillary For The Presidency, It's Hard To Know What Will"


And of course your reminder - it is real, it exists and if you deny this then you are an idiot - The Deep State (And The Rise Of The Unspeakable)


More to come below. 

Have a good day. 

GL and GB!

Open Weekend Post 08/27-28/2016

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 08/26/2016 SPX /es

About the only question - "Will Yellen Shock Today?"


On to the lie - 

SPX 2hr - The epic fail that wasn't (twice - on this run), and now we are here waiting on another. Total control. 68, 47 and finally 2120 are lower support. Based on past performance. price should backtest the overthrow point (2120) if it is gonna move any higher. It's been their pattern.

 
More to come below. 

Have a good weekend. 

GL and GB!

Morning Charts 08/25/2016 SPX /es

Well this is the type of things that causes real wars - Gotta protect the Fed's global dominance - such things are completely unacceptable - Four More Mega-Banks Join The Anti-Dollar Alliance

Jackson Hole begins today. Apparently the markets are somewhat afraid the Fed's gonna announce even more economic 'successes' and turn hawkish. I tell you what their mouth may say hawkish one day, but their wallet will always be wide ass open. 

On to the lie - 

Jackson Hole is usually a pretty big deal - get ur popcorn and enjoy the show. 

SPX 60m - The rollover that wasn't (until now possibly). That's a long way down.

 
Freedom watch - 

The sooner the better - I can't wait! Assange: New Hillary Info Could Swing Election “If it Catches Fire” Next Wikileaks data dump could be a 'game changer'


 
More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/24/2016 SPX /es

Charles High-Smith has some good posts on ZH. This one with this chart is worth looking at - The Stock Market 2015-2016: Ugly Chopfest With An Equally Ugly Megaphone. 

Most know STB's been charting this megaphone for over a year now. Here is where I differ - I have not adjusted the upper resistance to an upward sloping diagonal. I still see it as a downward sloping megaphone that has had resistance overthrown. This places price in a much more precarious or dangerous position for a tragic collapse. 

On to the lie -  

SPX 30m - The neg divs are so long I can't even keep them all on this chart. Not really sure I need to elaborate on that point. 

 

Freedom watch -

Trump's right again - Trump Slams Clinton Foundation As "Most Corrupt Enterprise In Political History" After Latest Donor Revelations



More to come below.

Have a good day.

GL and GB

Morning Charts 08/23/2016 SPX /es

Numerology? Predictive programming?  Get  it? QE4 and Fed Admits Another $4 Trillion In QE Will Be Needed To Offset An "Economic Shock". 4 and 4? Ya think they are trying to send a message? Subtle, not. And thus, my ultimate top call remains shelved. I did have a dream last night that I called a top which is a first, so .... 

Eventually the naysayers and deniers are gonna get it right - really right - and all the bulltards are gonna be sitting around just like in '00 and '08 going Whuuuuut just happened? Jim Grant: "This Will Turn Out To Be Very Bad For Many People". The only difference is this time there won't be a 'recovery'. 

And one of my long time fav things to point out - Top 25 Corporate Pension Plans Alone Are Underfunded By Over $225 Billion. So that's $9bn per plan? Is that even possible?

On to the lie -

SPX 30m - How bad are things technically? Not sure I can remember the last time I was inclined to draw a trendline on a chart - that bad. OK, I could add a couple to the chart below, but they'd be slightly more than meaningless IMO.

Freedom watch -

Must read cause you need to know why to prep cause when things go south - it's gonna get nasty fast - When The Trucks Stop Running...



More to come below.

Have a good day.

GL and GB!