SPX Daily - It is so a matter of when, not if. When looks to be closer than ever. Of course Team Total Control has it's hands firmly crushing the markets balls still so be very careful. the game is rigged and nothing "has to happen".
SPX 30m - This chart has pretty much kicked everything's ass for close to four months now. Gonna hate to see it go. That wedge is complete. Target would be lower dashed blue diagonal.
The old STB question, which comes first the war or the crash? They need the war to be able to cover up their failure, so expect a bomb to go off first then they have something to blame the coming market collapse on. Ron Paul Fears False Flag Looms, Urges Americans To Resist Deep State Push For War On North Korea On to the lie - SPX 30m - Support holds again, for now. Possible small IHnS if they can follow thru after the open targets 2510 - 16 possibly. Getting back thru the round number and at least trying to break out should be their goal here. Exhaustion should be their biggest issue, but we do have a few holiday ramp moments coming up so be aware of that.
Well, I punted the NFL last night. First MNF game I've not watched in possibly decades. Ya know what, I missed nothing, and I actually learned something on the Science Channel. Good for me.
As for the markets - Total Control until a catalyst - then the dumpster fire starts. When, not if. When the biggest question - remember EVERYONE heads for the gates at the same time. Gonna be a bloodbath. When it gets interesting I'll start updating more charts, but till then there is really nothing technical about anything (other than seeing the potential into how bad it's gonna be). On to the lie -
SPX 2hr - Ya know, another wedge busted ... but they sticksave the dip and simply extend the formation. Rinse repeat, until it doesn't. 30m chart above is the tiny top right corner of this chart.
Not much happening, but then again everything is happening. Just need a catalyst.
Not sure if the rapture happened Saturday or not - I'm still here which may not be a good thing. Hmmm .... anyone else around?
On to the lie - SPX 30m - Not much to it. I do believe we're finally getting close to a reversal. Problem is Team Total Control (the original bunch of national anthem kneelers) won't allow a correction. Need something to motivate the market to override their position of power.
Maybe rocket man finally made a threat big enough to move the market south? Careful tho. As we all know when bearish things look their best is when 'they' come alive. Who knows, maybe they allow a little steam blow off here. They will use it to set up another short crusifiction.
On to the lie - SPX 2hr - Several formations and all OB or worse. It's not pretty at all. When, not if. Problem is, as is so incredibly evident since really 2010 or to some 2013, team Total Control. Never forget the casino is rigged.