Monday, July 31, 2017

Morning Charts 07/31/2017 SPX /es

Time - when not if. Just hope y'all are getting ready for the big break.


On to the lie -

SPX Daily



More to come below.

Have a good day.


GL and GB!

Friday, July 28, 2017

Open Weekend Post 07/29-30/2017

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

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

Have a good weekend. 

GL and GB!

Morning Charts 07/28/2017 SPX /es

GDP - not sure why after all these years of terrifically overstated hyped BS numbers why anyone would even give a darn about the GDP announcement this morning. If I had to guess I'd say cut whatever number they generate in half and that will be closer to reality.


On to the lie -

SPX 5m - Blue rising wedge breaks down to wedge target line closing the island and lower gaps. This little wedge is at the top of the larger wedge below.


SPX 30m - Break down to 50% diagonal of larger rising channel. 




More to come below.

Have a good day.

GL and GB!

Thursday, July 27, 2017

Morning Charts 07/27/2017 SPX /es

Tis the question - reality or fake - Bill Blain: "Are We In A Bubble About To Burst, Or Are We Facing Massive Equity Upside?"

On to the lie - 

SPX Daily - Overthrow at resistance while possibly chasing another round number capture. Tough spot. 



More to come below.

Have a good day.

GL and GB!

Wednesday, July 26, 2017

Morning Charts 07/26/2017 SPX /es

Well, let's find out if our justice department still has its balls - Wasserman-Schultz IT Aide Arrested While Attempting To Flee Country, Charged With Bank Fraud - I've shared the George Webb videos for months now with y'all. This is the shit. This is the arrest of a major big time player in the HRC/DNC/USA scam of the century. He's out on bail. I lay heavy odds he gets the Seth Rich treatment before he gets a chance to testify. If he gets off, and the swamp is not exposed - all faith in this country will be lost.

I shared this yesterday




On to the lie -

SPX 30m - OK, let me summarize this - It started as a burgundy  rising wedge - then as the wedge was ending a burgundy channel formed in the top of the wedge - then the wedge broke down to the wedge target line forming a larger burgundy channel. Now price has moved back up into the lower half of the first smaller channel and is facing resistance at that channel's 50% diagonal (or top 1/4 of the larger channel). 30m 50ma is near term critical support.



More to come below.

Have a good day.

GL and GB!

Tuesday, July 25, 2017

Morning Charts 07/25/2017 SPX /es

VIX = Busted  Earnings Bonanza Sparks Dow Buying Panic As VIX Nears 8 Handle



On to the lie - 

SPX 30m - Nothing to see here. Move along. (well, nothing to see unless you want to be amazed by a levitating market defying everything rational.)



More to come below.

Have a good day. 

GL and GB!


Monday, July 24, 2017

Morning Charts 07/24/2917 SPX /es

Enjoy this week - sounds like a mess is a coming - lots of confusion, just the way they like it - "Apprehension": Main Events In Torrid Week Include Fed, GDP, Earnings And "Lots Of White House Risk"

Also - What happens when you have unlimited funds and simply can't pull the trigger? Former 'Plunge Protection Team' Member Warns "Blockchain Is Freaking Governments Out"


On to the lie - 

SPX 30m - 62, 50, 41 first S areas. If lower 27, 19, 04. I still prefer down.



More to come below.

Have a good day.


GL and GB!

Friday, July 21, 2017

Open Weekend Post 07/22-23/2017

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!