Morning Post 09/26/2023 SPX

No, you’re not confused. Everything is actually Fkd up. 

Good v evil 

On to the lie - 

Minis off 15. Support here is quite impressive. Minis at neckline and price and big gap support from back in June. Huge gap all the way down to 4300. Cash breakdown is ahead of minis. Thing is that the HnS only targets next major support at 4200. That’s the top of the large consolidation area I’m looking at down to 3800. So, a long slow, volatile flat to down year is my forecast from now to election. That’s if they don’t start a major war or really fk something up. 

More to come below. 

Have a good day. 

GL and GB!

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! 

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! 

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!

Morning Post 09/20/2023 SPX

Pretty sure “they” are more in control than ever. 

Good v evil 

On to the lie - 

Minis up a bit. More technical signs down should be the ticket. However, technicals died 14 years ago. Follow the Fed. They literally own the market. Right shoulder’s ain’t what they used to be. Patience. 

More to come below. 

Have a good day.

GL and GB. 

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!

Morning Post 09/18/2023 SPX

AI is really moving fast, and that pace will only increase. 

Good v evil 

On to the lie - 

Minis off a bit. Right shoulder drama continues. This is not the place I’m looking for consolidation. That’s a good bit lower. Can’t say things like “can’t believe” or “it makes no sense”. Nothing is real till the Fed loses control and the various brokerage algorithms go to war. 

More to come below.

Have a good day.

GL and GB!

Morning Post 09/15/2023 SPX

Good v evil 

On to the lie -

Minis flat. It’s a very small triangle, and it’s ending. It’s not directional, so how price wanders out of the end of this thing is anyone’s guess. Everything I see points south. That is TBD, cause only the Fed can answer that question. This is the least committed I can remember being on direction at a top, possibly ever. 

More to come below. 

Have a good day. 

GL and GB!