Shanky's Technical Analysis and Market Commentary
“Everything woke turns to shit.”
Tuesday, September 26, 2023
Morning Post 09/26/2023 SPX
Monday, September 25, 2023
Morning Post 09/25/2023 SPX
So glad 9/23 was a dud. Hope nobody was Koreshed.
Good v evil
On to the lie -
Minis of 12. Finally cash has gotten under a number I can get behind. Third or fourth support has failed. We’re out of the right shoulder. I’m still not all lathered up about any sort of major move. The elites like their money too much. Pigs eventually get slaughtered, remain patient. 4300 then 4200 are key numbers. Under 4200, hard hats will be required, and my targets go much lower.
More to come below.
Have a good day.
GL and GB!
Friday, September 22, 2023
Morning Post 09/22/2023 SPX
Good v evil
On to the lie -
Minis up 14 after basically tagging the neckline yesterday. Somehow, I’m numb to this. Shouldn’t I have laid out a clear path to my beloved 3200 by now? This is some strange shit. Woohoo we made it to the neckline! Having a high degree of confidence that we just consolidate lower prior to the election - meaning they’ll simply corral price above 3500 for the next year - isn’t the most exciting prospect for a market blogger.
More to come below.
Have a good day.
GL and GB!
Thursday, September 21, 2023
Morning Post 09/21/2023 SPX
Wondering how my parents saw change compared to how I see it. Pretty sure the scale and scope are vastly different.
Good v evil
On to the lie -
Minis off 30 following up a nasty afternoon yesterday. Three levels of support have broken, yet she’s still in the right shoulder. This is good behavior, but until 4325 area goes I’m not gonna get worked up. STB still looking for broad consolidation at lower levels.
More to come below.
Have a good day.
GL and GB!
Wednesday, September 20, 2023
Morning Post 09/20/2023 SPX
Tuesday, September 19, 2023
Morning Post 09/19/2023 SPX
The fakes and constant lies, and we just roll along like NBD.
Good v evil
On to the lie -
She’s been in this right shoulder for a month now. Seems like forever, but symmetrically it’s spot on. Maybe the break lower out of the wedge, through MA support and under diagonal support (depending on how it’s drawn) indicates failure? It should, but you know how the game is played. STB has done well remaining patient. Let’s see if we can at least get this thing back to the neckline sometime soon.
More to come below.
Have a good day.
GL and GB!