It's all about the MARKETS stupid - Must ... keep ... illusion ... alive. What have we said here daily for years!
"In other words, QE's greatest benefit is as a plunge protection team mechanism for markets... not the economy"
And don't forget - the PPT - ya that PPT - it does not exist. It's not real. Conspiracy theory. Not real. Move along sheeple.
On to the lie -
ECB - unch
SPX 30m - Updated! Price is under busted rising wedge support. All sorts of short term possibilities - channels, IHnS, triangles - the whole pot. They are doing all they can to save 2120 and keep price (the illusion) up.
Freedom watch -
Just to fubar to go into this morning. Corruption everywhere and expanding worse than a killer virus. More to come below. Have a good day. GL and GB!
early post. Late start Wednesday for the boys. The last one for me as today LS1 drives LS2 to school and home from football for the first time. I'm off the hook! On to the lie -
SPX Daily - The wedge is busted. They've reset it numerous times on the way up extending its life well beyond what it should have had.
early post Gonna be messed up today as I have been ordered to take LS2 to get his liscence this morning. The good news for the blog is this should be he last time driving the children anywhere should interfere with me being here. On to the lie - That HnS on the SPX 5m could be an IHnS now. Not sure but consolidation above 2120 is the law now.
SPX Daily - Small pos divs at lower BB and other support as they fight to keep the collapse from happening.
Freedom watch -
Our future at risk - Students told term ‘be a man’ represents toxic masculinity. So "man up" ain't happening anymore? I got news for STB readers - man the fuck up and do what you can to stop this insanity. More to come below. Have a good day GL and GB!
You know the drill, share the love and the knowledge. If you see it, share it. I will as well.
Listen carefully - In November we're either gonna give everything up our forefathers fought and died for or keep it - it's that simple. Normandy et al will become meaningless in a moment.
I may just move the Freedom Watch section of the blog to the top. Why not? The news at the bottom of the post is usually far more important to all of us than the news at the top.
HA! and news reporting/control is just small fries - small fries? LOL - yup, the real plan is global enslavement and domination - DON'T LAUGH -What Exactly Is Agenda 21?
On to the lie -
SPX 60m - Stick save at 2120 - who coulda seen that one coming? Possible falling triangle forming which only points to 2120 going down and the target of 2064 s/r - well, that's convenient - especially technically. Let's see what the Fed's got.
Nothing up here today - the rot/decay continues. On to the lie -
SPX Daily - DMA and lower BB combined with 2120 major s/r - they can't let that go or the door opens to a massive fall. This is all you need to pay attention to. I'm still going to caution against a backtest of busted rising wedge support. Technically that's what 'should' happen, but these days shit just happens ... so deal with the manipulation. As I used to say often - check your brain at the door every morning cause it will only get in the way.
Freedom watch -
Podesta emails are simply wonderful. I sincerely hope that the anonymous report that they have the missing 33k emails and will destroy HRC on November 01 is the real deal.
This is an absolute classic - #truth hurts More to come below. Have a good day. GL and GB!
SPX 60m - What lies ahead sub 2120 - as you prolly well remember.
SPX Daily -100dma and lower BB support holding up the slide for now.
Freedom watch -
As for that war thing I keep reminding you about - Russian Government Officials Told To Immediately Bring Back Children Studying Abroad. 'They' will have their war - what comes first, crash or war, has always been my question - I think they need the war first to blame the complete economic failure on (and to implement the police/nanny state as well of course).
