Friday, May 20, 2022

Morning Post 05/20/2022 SPX

“Are we rolling downhill like a snowball headed for hell?” I’ve quoted it many times before. From the song Are The Good Times Really Over by county legend Merle Haggard. Can we survive another 6 months and take control at midterms with real representation? Will that even make a difference? 

Good vs evil 

On to the lie - 

Minis up 40. Not sure what opex day has to hold. Could get crazy. Technically, if such a thing exists, an uptick is in order. Traditionally I’d stick with consolidation up to 4175 area, but I’m not sure how long the orderly exit can hold up. If 70% weren’t so ignorant, greedy and blind no telling how low this market would be. 

More to come below. 

Have a good day. 

GL and GB! 

Thursday, May 19, 2022

Morning Post 05/19/2022 SPX

We’re allowing them to destroy the greatest country ever from the inside out. We’ve gone from strongest in decades to out of baby formula in less than two years. We gotta survive the next 6 months (maybe literally) and hope they don’t steal the midterms. Shit could get really bad in November. Nothing is real. 

Good vs evil 

On to the lie - 

Minis recover 40 overnight to be off only 30. 3600 to 3200 would be good to get some fat off, then another 50% from there, say the old ATH around 1600 would be best. It’s all a distraction anyway, so …

More to come below. 

Have a good day. 

GL and GB! 

Wednesday, May 18, 2022

Morning Post 05/18/2022 SPX

So they had a ufo meeting yesterday. First one in 50 years. Turned out to be little more than a soft disclosure stunt. At this point everyone is pretty much over conditioned to this phenomenon. 

Good vs evil 

On to the lie - 

Minis from up 10 to off 30. Consolidation. Optimism is not a functional word right now. The bid guy’s handlers have broken a lot of things, and it’ll take a bit of time and luck to put Humpty Dumpty back together again. 


More to come below. 

Have a good day. 

GL and GB!

Tuesday, May 17, 2022

Morning Post 05/17/2022 SPX

They’re actively destroying the USA and western civilization to ‘save the planet’. In the meantime Russia and China don’t give a F and are gleefully watching us implode. But we’re doing our part! The second amendment is our only hope at this point. 

Good vs evil 

On to the lie - 

Minis up close to 70 points. All is well! It’s all over. The big tough guy called Trump a bad name and heels up is doing her part for the lube business in the Middle East. Consolidation up to 4175 for a bit before another leg down. 

More to come below. 

Have a good day. 

GL and GB!

Monday, May 16, 2022

Morning Post 05/16/2022 SPX

Everyone here? Hope y’all survived the eclipse last night. 

Good vs evil 

On to the lie - 

Minis off 15 but have managed a stick save of the 4k round number. I think there’s a chance of consolidation here with upside to 4175ish before continuing lower. 


More to come below. 

Have a good day. 

GL and GB! 

Friday, May 13, 2022

Morning Post 05/13/2022 SPX

They’re whipping up a nasty brew of hatred and division with a nation destroying cherry on top. 

Good vs evil 

On to the lie - 

Minis up 47. To cut through the crap and keep it simple - up to 4175 is possible here - then a week or two of consolidation - then down again. If not, down to 3500 to 3200 and we regroup there. 

More to come below. 

Have a good day. 

GL and GB! 


Thursday, May 12, 2022

Morning Post 05/12/2022 SPX

Good vs evil 

On to the lie - 

Minis after being up 20 last night are off 37 now. How they’re managing/controlling this downturn so far is quite a feat. I guess retail, bag holders as usual, are fearlessly jumping in which is a huge favor to the cabal. SPX cash will gap through that multi year diagonal at the open. Everything should be ripe to get price to pre plandemic high, weekly 200, monthly 50, overall 38% retracement MEGA support area 3200-3500. That should be the place they make a stand. 

More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 11, 2022

Morning Post 05/11/2022 SPX

Good vs evil 

On to the lie - 

Minis up 40. Weekly 100ma at 4050 first hurdle for the Fed. 4100 is an interesting backtest area that may hold some clues. 

More to come below. 

Have a good day. 

GL and GB!