Quiet, veeewry qwiiet.
On to the lie -
Consolidation under resistance continues.
SPX Daily - Things appear to remain more dangerous than positive right now.
More to come below.
Have a good day.
GL and GB!
early post
On to the lie -
Freedom watch -
More to come below.
Have a good day.
GL and GB!
Global unrest and distractions are rising - they need to blame to dip (coming collapse) on something - been saying it for years - I've always asked which would come first, the collapse or the war. STB "event" potential is really high right now.
On to the lie -
Absolute low end of the consolidation area - any wonder the futures rallied this morning? Potential descending triangle. Price is slowly stepping down here in a orderly way. Can it remain orderly if this support cracks?
SPX 5m - The HnS I was looking at all last week may have played out. The Futures rally this morning stopped it short of its target. Falling blue wedge and double positive divergence. Bottom line is weakness persists. Sub 37 support is a real danger zone.
SPX 60m - MA resistance and a large support-less zone below. Overall a possible large descending triangle.
SPX 2hr - Overthrow over and back in the brown channel. Falling red channel and possibly a descending triangle. MA resistance all over.
SPX Daily - Lower BB support here. Possible soon 20/50 ma bear cross.
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.
Have a good weekend!
Happy Easter and Passover!
GL and GB!
Good Friday!
I hope everyone has a great Easter weekend. Happy Passover as well.
GL and GB!
This is funny only because he's either the dimmest bulb on the planet or he just does not get it - Bill Blain "Can't Figure Out What Is Keeping Stocks So Buoyant?" The post is worth a look for some good bear porn - Should STB remind bill about this thing called Total control?
Also - S&P Futures Slide Ahead Of Bank Earnings
On to the lie -
SPX 30m - Possibly a larger descending triangle with a HnS nearing the end. An interesting combination if it should bear fruit. Gonna have to watch 40 area support after the open for clues. There is a possible IHnS on the 5m chart that would target 66 R. Either way the consolidation I've spoken of for weeks now continues just above critical support.
Freedom watch -
Quiet down here for now. Sure it wont stat that way for long tho.
More to come below
Have a good day.
GL and GB!
Total Control. Nothing more. Nothing less.
On to the lie -
SPX 5m - Possible backtest of the potential HnS neckline as consolidation continues.
More to come below.
Have a good day.
GL and GB!