Wednesday, May 31, 2017

Morning Charts 05//31/2017 SPX /es

early post.

I'm in the ATL today and tomorrow. I'll be limited. And Friday I head back to the beach. So I'll be very limited this week.

On to the lie -



More to come below.

Have a good day.

GL and GB!

Tuesday, May 30, 2017

Morning Charts 05/30/2017 SPX /es

Travel day for STB.

Early post



On to the lie -


More to come below.

Have a good day.

GL and GB!

Monday, May 29, 2017

Memorial Day 2017

Have a great Memorial Day everyone.


Many thanks to those who served and their families.

Let's do our part to honor them by doing everything we can to keep America great.

GL and GB!

Friday, May 26, 2017

Open Weekend Post 05/27-28/2017

You know the drill. Share the love and the knowledge. 

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

Have a good holiday weekend. 

GL and GB!

Morning Charts 05/26/2017 SPX /es

Early post



On to the lie - 



More to come below. 

Have a good day. 

GL and GB!

Thursday, May 25, 2017

Morning Charts 05/25/2017 SPX /es

Early post




On to the lie - 




More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 24, 2017

Morning Charts 05/24/2017 SPX /es

FOMC day so should be quiet until the fireworks start. Note there is a good chance they will be only duds and the show will suck. 

As for price - One of two things is set to happen - A) either they are about to go for an unprecedented overthrow and breakout over 2400 or B) as the technicals are aligned across all time frames a 5- 12% correction is coming. 2180 to 2120 should be the floor if the PPT can stop it.

Either 'they' ramp it or something is about to happen to cause a significant decline as a technical Cat5 hurricane is sitting just off shore.

On to the lie -

SPX Daily - Any pop here only makes the negative divergences even worse. 






More to come below.

Have a good day.

GL and GB!

Tuesday, May 23, 2017

Morning Charts 05/23/2017 SPX /es

Not much news worthy other than the dreadful Manchester attack.



On to the lie - 

SPX Daily - The black rising wedge broke support. Will it break down is the question. Possibly a rollover phase is beginning if the blue channel works out.

 



More to come below. 

Have a good day. 

GL and GB!