Minis 4hr - This is the extreme volatility associated with major tops I started speaking about a few months ago. Interestingly, the look of a major rollover in price now is quite apparent. That does not mean this is the top by any means, but if that peach support diagonal fails the red and green supports near 1600 will be the next stop.
Minis 30m - The rollover channel down into peach major support. Three strong/must hold points here - 1687 s/r, white channel support (1684) and peach channel support (1678). There is also a s/r point at 1674, but I'm not sure that one will have any meaning if peach gets breached.
SPX Daily - A longer look at the run to the top and just how severe the divergences are. I show on the other daily chart where 10 negative divergences and 8 reversal candles have occurred without this puppy rolling over to any meaningful degree. TNX is thru the roof and the dollar has gotten crushed. Gold is reacting like something real is going down. They can't dodge bullets forever. This chart points to the 1600 support area as well, but is also says a more serious move could have us sub 1500 very quickly.
Lot's going on now folks. The game is moving faster and the disinformation is screaming. From global economics and finance to unrest and war, the world is set to collapse at literally any moment. No, I'm not being sarcastic or kidding around. We're one wrong step from financial devastation and a nuclear war all at the same time. The good news is at least the nuclear war can be averted, but as for financial Armageddon, that will be a certainty as some point.
As usual more to come below. All we can do is wait and watch the paint dry on the wall. Up, down, there is not telling, the market will go where they want it to till they are ready for it to turn or lose control. Be patient, have dry powder and expect that every morning that you wake up a LLD situation could be there to greet you.
Have a good day.
GL and GB!
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