The unusual update - as mentioned below 6520 support or the last lower low was obliterated today. The November low has been taken out. This is a game changer. Along with the actions of our government that can’t be ignored, this shouldn’t be either. The weekly 50dma is now support at 6457. The 200dma is now key resistance. The 100wma and the March ‘25 top at 6147 are next support level. 5180 is the 200wma for those interested. That is in line with diagonal support off the ‘20 lows. 5500 will most likely be a target for STB. Momentum may only pick up from here. I posted a chart to X @chart_logic
Good morning STB!
Fake AI videos of world leaders? What the one said yesterday was in your face, they worship in the wrong direction. Basically all you needed to confirm who’s running the show, and their ultimate goal for this conflict. Who they want to bring about if you get my drift. Prophecy in your face. In the meantime we’re over here begging our government to make laws that would hopefully improve election integrity, all the while having proven at least one was stolen.
Good v evil
On to the lie -
Minis off 25 after challenging 6600 earlier. All this drama and the minis have barely lost 400 points. SPX closed yesterday on the absolute lowest possible support point I could draw on my short term charts. It’s going to gap through that this morning. 6520 is the number to watch now. If that gets hit, all sorts of downside potential opens up. Saw something interesting on all the things that ship through the straight. Oil won’t be the only problem. Computer chips could be severely affected as well. Almost like they want the straight closed and energy cut off to do as much global damage as possible. One side in this war is pure evil.
Have a good weekend.
GL and GB!