Friday, July 23, 2021

Morning Post 07/23/2021 SPX

The pure incompetence of this administration is terrifying. 

Good vs evil. 

On to the lie - 

Minis up 20. At some point, after leaving reality, one must return. Not sure I want to witness that moment, but I’m sure we will. 

More to come below, 

Have a good day. 

GL and GB!

Thursday, July 22, 2021

Morning Post 06/22/2021 SPX

I got nothin today. Tired of bitching for now. 

Good vs evil 

On to the lie - 

How was that quickie trip to the 50? Good for you? It’s not supposed to be like that. Normal ain’t normal, hasn’t been for a while and will never be again. 

More to come below. 

Have a good day.

GL and GB!

Wednesday, July 21, 2021

Morning Post 07/21/2021 SPX

Good vs evil 

On to the lie - 

Minis up 13. Were up 24 at one point. Price closed at the 20. The 20 actually held as resistance for a week back in May when I was all over the technical breakdown that should have happened. The rest of the time going back a year it’s rarely in play. QE gaps the issue overnight as often happens. 

More to come below.

Have a good day.

GL and GB! 

Tuesday, July 20, 2021

Morning Post 07/20/2021 SPX

Insanity reigns. 

Good vs evil 


On to the lie - 

I’m wondering, due to price and scale if more volatile moves become the norm and we have an MA adjustment to accommodate technically… or it could all just go poof.

More to come below. 

Have a good day. 

GL and GB!

Monday, July 19, 2021

Morning Post 07/19/2021 SPX

Other than people getting randomly shot leaving a Nats game, news is … normal (meaning bat shit crazy new normal). 

The war wages on. Good vs evil. 

On to the lie - 

Minis off 36. That gets cash under the 20dma. But the 50 is the new 20 with them being only 30 points apart. First real support is down around 4150 near the 100.  Sadly that seems to be a minor move where normally a move to the 100 would be significant. Maybe it is and I’m ignoring it. So, we may get a 100 point slide to digest before seeing if there is anything more worth discussing (as I’ve been discussing the technical potential of since April). 

More to come below. 

Have a good day.

GL and GB!

Friday, July 16, 2021

Morning Post 07/16/2021 SPX

LS2 traveling to Newport Beach with some buddies to visit a frat brother for a few nights. I’ve been there. Beautiful area. As a somewhat conservative GA boy though - seeing the country is great, but … I guess it’s a good thing. Somewhat bothersome to a parent sending your baby to the left coast. 

On to the lie - 

Remember the 50dma is the new 20. Meaning this year the 20 has only supported price once in the seven times it’s been touched. The 50 has been the stop sign. Not saying we’re headed there, although it should. Just an observation. 

More to come below.

Have a good day.

GL and GB!

Thursday, July 15, 2021

Morning Post 07/15/2021 SPX

Spiraling out of control. Can’t wait for the midterm elections. It’s gonna get spicy. Ya think we’re spinning now? Just wait. Without a strong President the world goes to shit. 

On to the lie - 

Minis go from up 3 to off 15 this morning. Maybe, … consoli…. F it. Follow the Fed. 

More to come below. 

Have a good day. 

GL and GB!

Wednesday, July 14, 2021

Morning Post 07/14/2021 SPX

It’s so sad to watch, and even worse be a direct recipient of the unimaginable. We’re not powerless, yet. We’ll make a stand. We may even win and somewhat restore her for a brief moment. But the magnetic poles are shifting, and we’re in all sorts of catastrophe cycles - so … yeah. 

On to the lie - 

Minis up. LOL 

More to come below.

Have a good day.

GL and GB!