Friday, July 26, 2024

Morning Post 07/26/2024 SPX

Good v evil 

On to the lie - 

Minis up 45. PPT doing their thing overnight. IMO SPX gave weekly sell signals yesterday. This of course means they must go on offense or else. We’re too close to November for them to allow a market failure.  There is diagonal support here. The indicators are so overbought. If they don’t make a stand here it gets ugly.  

More to come below. 

Have a good weekend. 

GL and GB! 

Thursday, July 25, 2024

Morning Post 07/25/2024 SPX

I think we got us a good ol fashioned FF comin. 

Good v evil 

On to the lie - 

Minis off 12. Yesterday took /es through first support. From 5350 to 5000 is a previously congested area that will offer support. Below 5000 is a very slippery slope. 

As for cash, it’s parked on two critical support points. The 50dma and rising wedge diagonal support off the November low are all that’s left to hold price up. It’s a real STB best trade moment. If you don’t have your supplies, I suggest you get them sooner than later. 

More to come below. 

Have a good day. 

GL and GB! 

Wednesday, July 24, 2024

Morning Post 07/24/2024 SPX

 Good v evil on display for all to see. 

On to the lie - 

Minis off quite a bit. I said late yesterday in comments that it looked like price hit a wall (second time recently) and they’d need to pump it this morning. Maybe they’re setting up a short squeeze? Daily still in sell mode but not weekly yet. Who knows with this rigged POS? Charts are having a moment tho over the past few weeks. 

More to come below. 

Have a good day. 

GL and GB! 

Tuesday, July 23, 2024

Morning Post 07/23/2024 SPX

🍿

Good v evil 

On to the lie - 

Minis flat. I still got SPX daily in sell mode but not weekly. 

More to come below. 

Have a good day. 

GL and GB! 


Monday, July 22, 2024

Morning Post 07/22/2024 SPX

The world is very similar to shatter resistant glass rn.

Good v evil 

On to the lie - 

Minis up 30. Probably happy PJ is out of the race. I’ll post charts in comments later. 

More to come below. 

Have a good day. 

GL and GB!

Friday, July 19, 2024

Morning Post 07/19/2024 SPX

Watching evil have to throw an audible is somewhat amusing. 

Good v evil 

On to the lie - 

Minis reach way down to touch 5600 support and recover to be up 5. At least they learned to build in support when they make a greedy run.  You may hear me refer to round number support a lot over the next few years (as long as we still have the internet).

More to come below.

Have a good weekend. 

GL and GB! 


Thursday, July 18, 2024

Morning Post 07/18/2024 SPX

Good v evil 

On to the lie - 

Minis up 12. Dare I say something normal or historically in line happened yesterday. The DOW gained while everyone else shedded. An, bringing back those old ‘07 feelings. 

More to come below. 

Have a good day. 

GL and GB! 

Wednesday, July 17, 2024

Morning Post 07/17/2024 SPX

MSM wants the shooting to go away. Propaganda over profits is a really poor business model. 

Good v evil - on display, every day 

On to the lie - 

Minis off 55, having recovered a decent amount. Been looking to see what spooked the markets and all I see is Fed speak or China. Maybe sentiment is running a bit hotter than admitted. Charts are hanging out waiting. 

More to come below. 

Have a good day. 

GL and GB!