Thursday, December 26, 2013

Morning Charts 12/26/13 SPX /ES

Here we go again? Time for another death defying overthrow, or does reality ever have a chance of setting in? 

SPX Daily

Minis 60m - Formless, lost, stupid, idiotic - there is some semblance of a nt yellow upper resistance, but coming into this green resistance area around 1846 price is just wandering, and of course finding its way to upper green resistance instead of lower. 

OK, so now we have a  the post Xmas, New Year BS to deal with. The distractions will keep coming. No one (other than us greater fools here) will complain about the market going up. The Great and Powerful Oz is no longer hidden behind the curtain, but folks don't seem to mind the illusion that's been created - well - so far they don't. This fairy tale is coming to an end sooner than later and the happy ending all are expecting is not going to be there. 

STB saw a UFO last night, so good STB went as far as to report it to MUFON. Nothing more than a really odd light up in the sky, but it was like no light I have ever seen before. 

Happy New Years!

GL and GB!

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