Monday, March 31, 2014

Morning Charts 03/31/14 SPX /es

If you can't tell, lately I've been letting the news slide a bit up here in the post. There are multiple reasons for this. First, the financial and economic news is little more than a rinse/repeat scenario that's been going on for a bit more than 4 years now. Follow the Fed/Taper ON/OFF is what it is. Second, the MSM news is not worth reading. Third, the alt news that is delivered below in the commentary by each of you is probably unparalleled on the net (thank you). However, I have had a few local and electronic complaints about my lack of news coverage, so I am going to make an effort starting next week to deliver a few more (here, here and here) documentations of what I am discussing. I also will try and spend a bit more time on the cash charts as well. I ignore them to a degree, cause I have such a good grip on things by simply using the minis that I tend to ignore cash a bit.

On to the lie -

On the travel computer this week so things will look a bit different in the presentation. I updated this chart a bit last night. I did not find anything new when charting up the minis on this computer. I'll start with a brief overview of how we got where we are (that regulars should know by heart by now). 

Minis Daily - Blue channel off the 667 lows grows thru two rising wedges (QE 1 and 2) and takes us to what you see now (QE3 and QE4eva). What should have been the end game and the top near 1474 (concluding with the yellow wedge below) is where the nightmare begins. Note that yellow wedge support off the 1068 low back in 10/11 and where it comes thru the chart today.

So we go -

Blue channel
Yellow wedge
STB's Red rising wedge of death
Beige rising channel
Green wedge
and now Purple rising channel

Minis 4hr - (same chart as always, just zoomed in) - Blue LT multi-year channel resistance and rising red wedge of death resistance are overthrown by green rising wedge in the second of 4 major technical overthrows on 12/31 of 2012. Everything from this 1771 point has been even moar bogus than the move off 1474. Anyway, the first taper ON top hit and delivered our only correction since Noah sailed the Arc it seems. This led to the current rising pink wedge formation. The Ukraine crisis led to the falling blue channel in the rising pink channel. All of this is happening in the top of the rising red wedge of death, just above upper LT blue channel resistance.

Minis 60m - same chart as above just zoomed in - All last week STB was on a consolidation call thinking price would stay above pink support and below blue resistance. This is happening as upper red wedge of death resistance is in play with the backtest of the busted green rising wedge support. Man there is a lot of stuff going on up here. The HnS failure (did not happen) last week with 1844 neckline was a bit disappointing, but these are more bullish formations now than bearish it seems.

Minis 5m - (same chart) - All key points are very clear when we get super zoomed in. After all the background above I guess you now can see how critical each diagonal on this chart is. Here we are in the consolidation zone above pink and below blue challenging red resistance and backtesting green busted support. The gap up this morning and the move thru 1859 is a major power play by the Fed. What happens at the 1868 top and blue 1870 resistance above is key.

More to come below -

Have a good week.

GL and GB!

Friday, March 28, 2014

Open Weekend Post 03/29-30/14

You know the drill, share the love and the knowledge.

If you see it share it.

Enjoy the weekend.

GL and GB!

Morning Charts 03/28/14 SPX /es

I'll be in and out today.

Have fun, be civil and enjoy the weekend.

GL and GB!

Thursday, March 27, 2014

Morning Charts 03/27/14 SPX /es

Well President Obama Prepares to Meet the People’s Pope, interesting. There are so many end of the world angles you can take with this encounter. I suspect they will communicate telepathically, have fun in a private room shapeshifting for each other and play a few private games of How to Destroy the World while they are together. I'll let you do your own homework on this one, so I suggest you research "Catholicism false religion", the "black pope", "papal prophecy" and "Obama antichrist". After that you can form your own opinions.

As for the rest of the news, it's bad.

On to the lie -

I'm really afraid I missed the top. Did Neo finally take a bullet? I've dodged so many that maybe I finally zigged when I should have zagged? I still have time to call it and be relatively close (as if in a game of hand grenades close). My fear of the eternal promise of QE4eva and a market dominated by manipulation and corruption may have bitten me in the backside. I have chosen this path, and I must continue down it. Fearful, respecting their power to literally do anything at any moment. There may be one last bull trap in them yet. We all know they can not let the market fail - until they are ready or the STB "event" happens (which may have been the Ukraine incident).

SPX Weekly - We are so close to the end. We are at the "any moment" point.

Minis 4hr - Ugly and hard to see - I know - Just see the rising pink channel, the falling blue channel, the point where blue resistance and pink support meet out to the right where I thought consolidation could occur, notice 1844 beige s/r, notice the long term thick blue market resistance diagonal intersection with the the STB red rising wedge of death support, notice the massive vast dark hole of nothing below that. The 1820 area is critical - very critical. Bully's last stand will happen near 1790.

Minis 4hr - close up - STB has been pointing out the 4hr 200ma support (white line at pink support) the last month or so - crack. Pink and green channel support - crack. HnS neckline and LT support resistance 1844 - crack. Blue channel50% diagonal (white dashed) - crack.

Minis 60m - Look at the right side of every ramp on this chart. Every instance is a two or three hour dump to take back everything they gained. Five of the last six days have has mini flash crashes. What can not be ignored here is the formation of the almost perfectly symmetric Head and Shoulders inside the rising pink channel, which is also inside a falling blue channel and pink support just failed at the HnS neckline/critical support 1844. Target 1810.

Now, be warned, the Fed sees all of this as well. How many time have we been to the edge just like this, and what has been the result almost every time. We're still 24 points above the STB red line of death that they've used as support so many times over the past two years. They have a bit of room to work with yet, so don't get too freaked out about all of this negativity in the setup.

It looks bad. It is bad. It should by all rights collapse, but then again, they are in complete control. They can not allow the market to fail. It will fail one day. This could be THE moment, or it could be just another false alarm. I suggest you be prepared either way but proceed with caution.

More to come below.

Have a good day.

GL and GB!

Wednesday, March 26, 2014

Morning Charts 03/26/14 SPX /es

SHTF? Well, not quite yet, but there is more crap in the air headed towards the fan here on earth than there are asteroids in the Asteroid Belt between Jupiter and Mars. Let me give you a visual - See the all of the white dots? Yeah, like lots and lots of crap. All shapes and sizes, all floating in space and all of them are headed towards some sort of collision at some time.

Our earthy projectiles are are somewhat contained in an orbit as well maintained by global sanity and rationalization. We know if our junk gets out of orbit, well, lets just say an asteroid impact did not go so well for the dinosaurs.

The Fed, treasury, central banks, the BIS, global governments, military and other influences are the gravity that holds our junk in place. Take the cold war for example. No one wanted to really annihilate the earth, so everyone got along despite our differences and nothing got out of orbit. Today things are a bit more complicated. We've added a lot of space junk to our atmosphere over the last 20 years.

Obviously I'm comparing all of the global and local financial, economic and social issues to asteroids. The list of our issues grows, not shrinks, every day. Just like the asteroid belt, some are really large and some are as small as a pebble. Bottom line is it only takes one to hit the fan, and every now and then some break out of orbit and cause a real mess.

That's where we are, waiting. It is a when not if scenario now. The only question is will it be one like the Chicxulub asteroid in the Yucatan, could it be a Tunguska event or will the next one be a false alarm like the the one over Russia in 2013? Bottom line is our space junk is volatile, flying thru the air and impact with the proverbial fan is coming.

On to the lie -

Same as yesterday - I think we're consolidating.

Minis 4hr - Rising pink channel support and falling blue channel resistance form a triangle that price may consolidate in for a few days.

Minis 15m - a closer look at support and resistance. More detail on this below.

Have a good day.

GL and GB!

Tuesday, March 25, 2014

Morning Charts 03/25/14 SPX /es

I can't make this any more simple, it's all about Fedspeak and nothing else. See the tumble in equities yesterday and Fed's Plosser: Market reaction to the Fed statement was surprising for examples. Or you can read Stock futures higher after Plosser speaks.
As the Fed backtracks their statements from last week, confusion reigns for the most part and markets don't like confusion.

The Fed will, in a timely manner, march out a couple of presidents or board members every day for the next week or so to maintain the temperature of the markets. They do it all the time. I think they call the game Dove, Dove, Hawk. These engagements are nothing more than controlled soundbites to maneuver the markets. Like a doctor dialing in your medication, but much more precise and professional. 

Let me try to clarify things for you. 1) ZIRP is here to stay, if they ever raise rates go immediately to your bomb shelter. 2) QE is all they got to stabilize the system now, and without it we would've crashed years ago. 3) Nothing is real, so paying attention to any of this is meaningless at this point (as far as reality is concerned). 4) It is all a distraction to wealth confiscation/transfer from the poor to the rich.

I do suggest you keep your vehicles fueled up, and get your gear and bug out bags ready. Things are going downhill fast and there is no sign of anything improving economically or socially at any time. They (the administration, government agencies and military industrial complex) are going to use the Ukrainian crisis to their full advantage to strengthen their positions of power. I thought this would take a false flag event (which may have happened but failed, 0 for 2 now). Of course if this crisis does not spin out of control, which is what they want, then the false flags will fly.

In U.S. Scurries to Shore Up Spying on Russia, if you will read between the lines, you can clearly see where they will use the situation abroad to expand their powers here. "America's vaunted global surveillance is a vital tool for U.S. intelligence services, especially as an early-warning system and as a way to corroborate other evidence. In Crimea, though, U.S. intelligence officials are concluding that Russian planners might have gotten a jump on the West by evading U.S. eavesdropping." Of course this leads to "The U.S. moves will happen quickly. "We have gone into crisis-response mode," a senior official says." So don't think this is going to happen just overseas. Can you smell that smoke? Yea, sadly that's what's left of the Constitution burning.

On to the lie -

Sorry that the /es minis chart, the more pulled back, are getting a bit tough to read. They are very busy, but I can not remove any of the lines on them. As I drill down they become clear, but pulled back they are a bit of a mess.

Minis 4hr - Try to follow me here - Rising pink channel where price traveled in the upper half of that channel in the yellow channel broke down and is now moving up in the lower half of the pink channel in the green channel (which was at one time a rising wedge that failed yesterday). When price broke the 50% diagonal of the pink channel and fell it has now formed a falling blue channel. I suspect that price with support of the pink channel and the 4hr 200ma will travel above pink support and under blue resistance and consolidate over the next few days around 1866. At the end it either breaks up and remains in the pink channel or the blue channel resistance holds and a major breakdown occurs. If pink support fails the odds of a top being set are very high. If this consolidation call works out, it could last thru 4/3.

That's it in a nutshell. Watch pink support and the 1844 level closely. There are two very different STB points out there - pink/blue at 1866 and below red (STB's red line of death)/big blue at 1823. If the 1823 point fails I think I will be forced to call a top. It is that critical.

More to come below.

Have a good day.

GL and GB!

Monday, March 24, 2014

Morning Charts 03/24/14 SPX /es

SSDD, pretty simple when you follow the bad news is good news meme. See Futures Rise As More Weak Chinese Data Prompts More Stimulus Hopes for more clarity on this. Key word - Hope. As I always discuss, even though the Fed is supposedly in full blown Taper ON mode, all it takes is the potential promise that easing could return in the future and markets march on like all is well. Oblivious to reality with the Fed's "put" in their back pocket markets unconsciously roll along as if there will be no consequences to their actions.

Enough of this junk, on to the lie -

Minis 60m - Pretty simple. Some form returning.   Resistance is 1866 and then from 1878 to 1887. Support is 1859 then 53 then 44. It looks like up today. One thing you can count on is that the economic data delivered this week will be manufactured to get whatever results they want. There is very real danger that the top is set, and this is a bull trap move to a double top that could lead to a very real breakdown in the markets this week.

Enough of the lie, more to come below.

Have a good week.

GL and GB!

Friday, March 21, 2014

Open Weekend Post 03/22-23/14

You know the drill, share the love and the knowledge.

If you see it share it.

Confusing times and Fed speak Friday did little to help clarify anything.Tensions are high to say the least. China and Russia are getting ready to put a full court press on the wimpy ass USA and it's stellar leadership.

I'll update chartbook and share anything if I find it.

Enjoy the tourney and have a good weekend.

GL and GB.

Chartapalooza! 03/21/14 SPX /es gold copper usd/jpy dollar UST and more

No new news and I have little to say that has already not been said. Markets are more controlled than Crimea right now.

SPX Daily - Holding the most recent overthrow of negative divergences (ignoring reality) but working on another set of negative divergences.

Minis 4hr - I'm not sure what price is doing here. Some sort of channel/wedge thingy just under ATH and the round number.

Minis 60m - More on this in the comments section below - Lost and wandering in the desert right now. Possible IHnS breakout. Possible 1888 target if so.

VIX Daily - It's not that obvious is it?

TBT Daily - One of my off the radar favorites that I don't ever discuss. Been watching this one for years and plan on making a killing in it sometime soon. Patience may pay off soon.

Dollar /DX - Is it about to collapse? That HnS may have something to say. Target $74 if so.

Gold /YG - it is either breaking out and backtesting busted resistance or it's about to nosedive to 1138. Just buy physical with cash while you still can.

UST 30yr /ZB - Can it go up forever? One of these days (possibly very soon) that support is gonna fail.

USD/JPY - Resistance is futile!

Copper /HG - HnS and now LT support failure - Targets lower LT diagonal support near $2.

More to come below.

Have a good weekend. Enjoy the NCAAs.

GL and GB!

Thursday, March 20, 2014

Morning Charts 03/20/14 SPX /es

Disaster planning, it is a chapter in the manual that's always there, but you hope you never have to actually read it. Well, if they have not cracked the seal on that chapter in DC yet, I suggest they get on with it. This brings me to ask, what's worse, being part of the government that was so inept that it got you into the crisis or relying on that same bunch of morons to lead you out of it?

The system is supposed to be designed so that every two years we can change part of management to start to solve the problem, and then two years later if it's not fixed we can replace the rest of the management. How's that working for us now? Let's save time and a long debate on the underlying issues with this and just call a spade a spade shall we. We can lay all the blame we want in numerous places, but it all starts and ends with you and me.We are the ones to blame, we voted the idiots in, we should bear the consequences of our actions (or inaction), and we will.

We're coming to the end of the last section of the manual. We've read the whole thing, learned absolutely nothing and there is only one part left - disaster planning. Key word - planning. As in you should be prepared BEFORE the disaster hits. We're not. Just thought you should know this, and oh yeah, the same imbeciles that got us into this mess are still in charge.

How's your personal disaster planning going? 

On to the lie -

At some point it gonna end. The problem in the beginning of the end is going to be believing that it's ended. Once this thing gets rolling everyone will believe, but at the beginning it's gonna be tough to call. This is going to be a bull and bear problem. The bulls, well, for them it never ends. They just keep dreaming. For the bears, its grasping that reality may actually reassert its self. The slow rollover in price begins, more questions come and then one day we wake up and it's game on. We're in the rolling over process now.

Grandma Yellen confused me a bit yesterday. STB is still digesting what was said and how it all fits. Confusion - I am somewhat justified. When playing in the Matrix things are not always crystal clear. See The 16 "Dots" That Sent Stocks Reeling and you will get why I'm having a brief moment of indecision. Brief as in temporary. They threw a curve ball, and I'm trying to sort it out.

"What is even more inexplicable, is that the Fed hiked its rate forecast even as it lowered its GDP projections for the next two years. Why? Not even Janet Yellen could answer that."

Minis 60m - I'm also trying to figure out if the top is set or not. The Fed was little help to me there yesterday. I'm concerned about last ditch efforts and foul play from those in charge. When my policy of "follow the Fed" comes in doubt, cause the Fed is now lost - then we're in big trouble.

So far the move to 1900 has failed, yesterday was not good, price is well out of the rising purple wedge, did not backtest the recent yellow channel and is back in the rising red wedge of death.Just below at 1810 is critical support. One slip, just one and their frayed last lifeline will be tested again.

Minis 15m - for now watch 1844 support. If that goes your looking at 39, 32, 23 and 18.Above for resistance 1857 is the number. 

More to come below.

Have a good day.

GL and GB!

Wednesday, March 19, 2014

Morning Charts 03/19/14 SPX /es

FOMC day! Ahhhhhhh and the clouds parted and the angels sang of the glory that is the Federal Reserve, well, not. The MSM and CNBS will be spewing glorious lies doing their best to make you believe that all is well in the house of cards when in reality it is the exact opposite. Welcome to another day in the Matrix where more lies and propaganda of economic recovery, ATH stock markets and successful programs will spew forth. It makes me want to spew.

Sadly the lies are becoming more transparent with every iteration. All is well, nothing to see here, move along is becoming a bit tired. If you missed it, I suggest you read Meet The Brand New, And Shocking, Third Largest Foreign Holder Of US Treasurys. Here you will find some of the largest lies exposed and possibly the crack in the Fed's veil of illusion.

"That this glaring confirmation that all TIC data is made up on the fly, without any real backing, and merely goalseeked is disturbing enough. For what it's worth, the latest TIC data is here. Feel free to peruse it before it is revised again"
On to the lie -

SPX Daily -

 I'll cover the minis a bit later. I have something with the Little S's that has me occupied this morning.

Have a good day.

GL and GB!

Tuesday, March 18, 2014

Morning Charts 03/18/14 SPX /es

On an FOMC eve there is really little to write about. I hate to speculate. Why bother? What's the point? Like any of this has any meaning or consequence for reality. Not. We're far beyond that point. To ease or not to ease, that is the question! Ah, but always maintain the potential promise of easing, and the world is yours! The markets will react accordingly (as in do what they want them to do) and there is nothing else you can do.

Well, Crimea is now part of Russia. Surprised? I hope not. Putin vs. Potus, I don't think so. It's more like Putin vs. Poontang - that's about the way I see it. We're so ..... we're .... so far emasculated. If you think there is a serious question about our "male" leadership, you are right. Manly in American leadership only exists in Hollywood now.

Most importantly we've lost the moral high ground. Of course no one has, or will, replace us in that role either. We give and donate to inferior nations to control and expand. Humanitarian is a code name for takeover. Whether it be for big pharma, Monsanto, the military, it's all about expansion of the state and control of regions of the globe. It's about corporate conglomerates, ours specifically, expansion and growth "making the world a better place". LOL. Charity? Charity is now a Trojan Horse.

The world is rudderless, adrift in an ocean without quality leadership (except for apparently Russia of course, which is pathetic). Drunk and awash in greed, power, lust, we roam the sees looking for moar, another conquest, all in the name of spreading democracy. Democracy? Really? That's so 1960's.

Funny, no one is buying that "spreading democracy" line anymore. The quest now is for riches and power, to spread capitalism in the guise of democracy far and wide to be dominated by our global conglomerates. Once the moral leader, we're now the Amoral leader of the globe (I repeat, it all died when JFK was assassinated). The Golden Age of Camelot is dead.

This is about the world reserve currency and controlling the global banking system. This is about us having a severe price advantage over everyone else and keeping the playing field tilted in our advantage. This is about the globalistas expanding their power and control. This is about expansion of the military industrial complex and having a military base in every possible spot on the globe.

It's about time someone stood up and called the elite's bluff, well done Putin, well done. Hopefully he's setting the example that our hypocrisy will not be tolerated. What are we gonna do, impose sanctions? LMAO, we're so economically weak we can't do crap. Want to go after terrorists that weaken the nation mr. potus, go after the Fed and the central banks, they are the biggest threat (other than your administration) to the nation on the planet. Bottom line is we're so full of shit our eyes are turning brown and now everyone knows this.

On to the lie -

As mentioned, FOMC eve. We rest and wait for our marching orders.

Minis 60m - Possible STB point at 1875 tomorrow just above where green, red and yellow meet. 1862 to 1865 is first resistance which is in line with that IHnS target I showed yesterday.

More to come below.

Have a good day.

GL and GB!

Monday, March 17, 2014

Morning Charts 03/17/14 SPX /es

St. Patrick's Day!

"According to tradition, Patrick returned to Ireland to convert the pagan Irish to Christianity. The Declaration says that he spent many years envangelizing in the northern half of Ireland and converted "thousands". Tradition holds that he died on 17 March and was buried at Downpatrick. Over the following centuries, many legends grew up around Patrick and he became Ireland's foremost saint."
Sadly we could really use a St. Patrick today. I don't think that a night of twerking, drinking and all the other stuff that goes on on the night of his honor is exactly what we're supposed to be doing. Kinda sums things up a bit doesn't it? In the modern times of the self righteous me first society, what else would you expect? Indulge bitchez! I have one thing to say about this, we're all bout to either find God or wish he was here sooner than later with where we're headed globally.

FOMC week, back to Taper ON/OFF discussions. I still, and always will, contend that Taper/QE is the only true market force left until my "event" happens. Nothing matters other than Fed action. As long at the "put" or backstop is in place nothing bad can or will happen. All it takes is the existence of the slightest possibility that they will Taper Off to exist and the markets will remain in their over exuberant state.

I get it that we must taper, it sounds great to those that still have some sort of hope left that we can fix this mess we're in and stabilize the house of cards. Unfortunately this is not possible without some sort of technological renascence that puts 50 million people back to work like yesterday. This is not possible with Russia and China net sellers of UST. This is not possible with us having to support roughly 70% of each UST auction and with the government supporting 70% of the economy. We're toast.

With the Ukraine issue going down all sorts of uncertainty has sprung. Be certain that the government will act on this and use it to their advantage at least locally. Expansion of the police state is paramount for this administration. Destruction of the Constitution is agenda number one. Watch closely as evil incarnate potus uses his pen and unlawful executive orders to further empower the state over the sheeple. Also be on the lookout for more domestic false flags, they need an excuse to step in even deeper into the confrontation with Russia.

On to the lie -

Go back to Friday's post is you want a full rundown of the minis from the 2009 667 low.

Minis 60m - Upper end of the pink rising wedge breaks down. About the only question I have is was that brief backtest at 1874 at the upper rising red wedge of death resistance THE backtest? If so, I missed the top and it's game over I'm afraid. The overnight gap from Friday is still open at this time. Blue LT resistance lies below at 1816. Support above that is at 1839, 32 and 23. As for resistance, the gap closes at 1847.5. Price is currently at my 1844 resistance line. Above is 1853. Above 1853.....1865 to 73 are several resistance diagonals.

I would go into a lot more, but I covered a bunch Friday and with the Ukraine hot and heavy and the FOMC this week, I'm afraid that any serious analysis would be a waste of time. We can react if something happens, but trying to guess ahead of the Fed has proven fruitless. Follow the Fed, don't try and front run them. Been saying that for years now.

More to come below.

I will be doing the annual STB NCAA Tournament. I will see if I can get a group on Yahoo this year so we can all have a shot at getting WEB's billion for a perfect bracket.

Have a good day.

GL and GB!

Friday, March 14, 2014

Open Weekend Post 03/15-16/14

You know the drill, share the love and the knowledge.

If you see if, post it.

I'll update charts and post anything that I see.

Have a good weekend.

GL and GB!

Morning Charts 03/14/14

Can you have something bigger than TBTJ (To Big To Jail)? Apparently so if the FBI blocked in corruption probe involving Sens. Reid, Lee.

"But the Justice Department’s public integrity section — which normally handles corruption cases involving elected figures — rejected FBI agents’ bid to use a federal grand jury and subpoenas to determine whether the accusations are true and whether any federal crimes were committed by state and federal officials."
Public Integrity Section? Are you friggin kidding me? The Fast and Furious crowd has something called a Public Integrity Section? Anything in this government that has Integrity in the title should throw up red flags immediately. Look at it this way, I did a Start Page search for "Eric Holder lies" and came up with well over 600,000 hits.

So let me get this straight, They protect public officials from the law, but they spy on them as well? See Senate-CIA Dispute Erupts Into a Public Brawl. Wait, I'm confused.  Are they having it both ways here? Can you both protect and intimidate at the same time? This is just how screwed up things are in DC and a great example of how close we are to the end game.

You see, if you are in the "in crowd" in DC you are a puppet. You are 100% controlled and manipulated. You have no power and are nothing more than a voting prefect for the elite. Our representatives are bought and paid for shills that are supposed to deliver rousing propaganda to the sheeple and give us the illusion that our "representatives" are working for us.

Reality says something quite different. Reality says that since JFK was assassinated the secret societies that he spoke of have been slowly commandeering the system. Reality says that since 9/11 and the Patriot Act the Constitution is dead and we've been reduced to nothing more than debt slaves to serve the Central Banks. Reality says that the Central Banks, or "special interests", control our "representatives" and they serve their masters not their constituents.

The new reality is global dominance. Agenda 21, New world Order, all that shit is real. There is really a group of individuals out there that believe they are superior beings, and that they can control the globe and have all the wealth. No, I'm not kidding. This game has gotten out of control and the elite are making their move. They've finally hit their do or die point and are possibly putting the last stages of their plan into action.

I ask, is this what Putin is really fighting against? Is this what he's standing up to? Is the Russian leader giving the middle finger to the elite? Is Putin our last hope against the Agenda 21 /UN/One World Government/central bank/elite agenda? Could Putin be our last hope to fight the system that's trying to enslave us? Just thoughts for now, not saying he is, but could he be? Think about that.

On to the lie -

What a day yesterday, and we got the follow through from Asia to a degree.Not as much as I'd like, but it's something. Denial is not a river in Egypt. Denial is what exists as the new normal living in the Matrix. $17.5 trillion in debt and over $128 trillion in unfunded liabilities (see what your portion of this is here) can not ever be paid off. Well, OK, do what the government does and extrapolate increases in spending now with ridiculous and meaningless savings over 1,000 years and we can balance the budget by 3013. Hoooorrraaayy! It's all a joke and it's all about to come crashing down.

Minis Weekly - This all started THREE YEARS AGO. Does anyone here remember my, "we're entering a period of "Unprecedented manipulation" tweet from August of 2012? ZIRP and QE4eva bitchez! And I have not called one top since. Follow the Fed? Yup. Any questions?

Blue LT rising channel to the yellow wedge that should have technically ended it all to the red rising wedge of death and now all this crap up at the tippy top. If we don't get our 4th technical overthrow (this is the 4th technical top) here, I have no clue what they can do in the next overtime situation to keep the game going. Well, Taper OFF is what I'm horrified of and do think will come, but, really, they are facing end game scenarios here. Overthrowing multiple LT technical formations is, well, a bit frothy or optimistic. I think this is the last bull trap, and the Ukraine situation may be the STB "event" I've been waiting for to end it all. Their arrogance and desire for world domination is about to be their undoing. Goooo Putin!

Minis 4hr - I know it looks like a train wreck, but every line here is meaningful. Same story I've been telling you for months - Overthrow, overbought, it's all about the taper and the rising red wedge of death. Note, when the rising green wedge ended and I swung a short for the first time in years on 1/15 i said if they wanted to take it higher they'd have to pull it back cause going vertical was not an option. They needed room to push it higher. Now we have the ping rising wedge that failed and backtested yesterday. They have one last option here. They could lower pink support and extend the wedge, which is an old trick of theirs, or this is it.

Minis 4hr - Pink rising wedge - same chart as all the rest, just drilled down. How have I not called a top here (I did short it on 3/6)? I have no clue. I think I'm caught in the loop of disbelief and fear.

Minis 60m - Two things now that they are challenging 1844. The blue LT rising channel backtest (1816) and the rising red wedge of death support (1805) are what you need to focus on. Let's just say I think there are some massive sell stop orders under 1795.

There are a lot more near and long term levels and such out there. I'll get into all that below.

Have a good weekend.

GL and GB!

Thursday, March 13, 2014

Morning Charts 03/13/14 SPX /es

You know, for quite some time now (as in years), I've been telling you that the markets are an irrelevant distraction to reality, nothing more. Sure, there is real wealth being generated in your brokerage account (if you are a complete bulltard). Well, that is if you can physically get those digital funds completely out of the system. Are you ready to be put on a terrorist list for removing more than $10k from your brokerage account? Are you then ready to be put on another terrorist list for then removing the same $10k from your bank? Are you then ready to have all your purchases with that $10k tracked and monitored?

You then have the problem of the funds being in dollars, and that's a whole nother issue. You see, a dollar is not worth what it once was. 33% LESS than it was in 2001.

To get to my point, the markets are all they have left separating you from reality. As long as the candy man (Fed) is in town doling out free bucks (QE lifting markets), who gives a flip what's happening in the outside world. Your cocoon is cozy, warm and becoming more plush by the day with all this awesome wealth you are accumulating. So you be a good little American, keep your head down and let the government take care of everything for you.

That's the problem. The government is taking care of everything, literally. The latest revelation from the Snowden saga (and there are still thousands of pages not yet released) is The Most Evil And Disturbing NSA Spy Practices To-Date Have Just Been Revealed. I don't know, you can click the link and keep reading about this, you can be a typical sheeple at this point (head in sand - you know who you are), or you can read this, be scared as shit, angry and do try to something about it.

"But the mandate of the NSA’s hackers is not limited to invading the systems of those who pose a threat to national security."

"QUANTUMSKY, a piece of NSA malware developed in 2004, is used to block targets from accessing certain websites."

"According to one top-secret document from 2012, the agency can deploy malware by sending out spam emails that trick targets into clicking a malicious link. Once activated, a “back-door implant” infects their computers within eight seconds."

"Consequently, the NSA has turned to new and more advanced hacking techniques. These include performing so-called “man-in-the-middle” and “man-on-the-side” attacks, which covertly force a user’s internet browser to route to NSA computer servers that try to infect them with an implant."

"In one man-on-the-side technique, codenamed QUANTUMHAND, the agency disguises itself as a fake Facebook server. When a target attempts to log in to the social media site, the NSA transmits malicious data packets that trick the target’s computer into thinking they are being sent from the real Facebook. By concealing its malware within what looks like an ordinary Facebook page, the NSA is able to hack into the targeted computer and covertly siphon out data from its hard drive. A top-secret animation demonstrates the tactic in action.

The man-in-the-middle tactic can be used, for instance, to covertly change the content of a message as it is being sent between two people, without either knowing that any change has been made by a third party. The same technique is sometimes used by criminal hackers to defraud people.""
And that's only snippets from the post. Go read it. 1984 or Orwell on steroids, this is the stuff Hollywood is made of, but IT IS REAL!

There are Dark Pools in markets, there are shadow banking systems, there are shadow government agencies, secret societies, there's more shit going on behind the scenes that they don't want you to know about, but that's all coming to light now thanks to a terrorist named Snowden.

Bottom line is you need to know that the Constitution has been raped. The NDAA is in place and they can spy on you, track your every movement, purchase, come into your home and watch you on your webcam and listen through your microphone. They track your phone, the chips in your car (On-Star - hello!), your credit card purchases - bottom line they have you patterned to perfection, and you can't do one darn thing to stop them. This should scare the hell out of you.

STB only scratching the surface here. I've written on this in the past and will continue to enlighten you in the future. You need to wake up and realize what the hell is going on with your freedoms and what's happening to your country. One day you may wake up and wonder what the hell just happened when it all changes in an instant.

On to the lie -

Minis 60m - I think the FOMC next week has the markets in a holding pattern already. I also think there is a chance the intentionally dump price here to send a message to the new Fed Chair - play our game or play our game - it's the only one in town.

Sloppy, but there is a lot going on. Yellow rising channel we've been watching for weeks support being tested here after the rising pink wedge support cracked yesterday. Upper red wedge of death resistance in play here as well. lots of things pointing south here, like, lots of things.

Minis 60m - close-up - Beige channel from top to bottom of yellow channel. Pink support busted and backtested as STB warned yesterday. One slip here and a meaningful corrective will occur. Resistance is in the 1877 - 80 area. Support is near 1865. IF 65 goes things could get interesting.

More to come below.

Have a good day.

GL and GB!

Wednesday, March 12, 2014

Morning Charts 03/12/14 SPX /es

Things are a bit off kilter? I mean we got a lost Boeing 777, a NSA loving - gun killing queen in Feinstein that is pissed the tables got turned on her (pinnacle of hypocrisy), a republican won a FL congressional seat,  and Obummer approval hits record low. What strange times. Almost like, some sort of normalcy is returning. Did someone hack the Matrix?

On the lost plane, seriously, how?

On Feinstein, seriously, why?

A republican from Florida, what? 

On Obummer, seriously, LOL.

Seriously, the propaganda machine and the MSM in conjunction with the FCC, CIA the administration and other groups are in full blown crisis mode here. Cover-up, bury, distract, need to know - they are scurrying to get you distracted and cloud the air so you can't see. Reality had been forbidden. When journalists start quitting their jobs because they are being silenced, then there are severe problems in the system.

The complete and utter failure of Hope and Change for the past six years is finally coming to a head. Ocare, Benghazi, pick anything from a long list of comedic failures of the administration. The complete and utter failure of Congress to solve any of the regulatory issues facing the nation. The Fed's failed Keynesian policies. Immigration, employment, you name it - all complete and utter failures. All of this can not be seen or spoken. It must be hidden, so the now legalized propaganda machine is oiled up and running at full speed. 

The cherry on top, the war. The end of the line, last gasp effort to cover their tracks of failure, war. They tried and failed with Syria, so they chose the next best thing with the Ukraine. Funny how low our government has fallen. How everyone is now a step ahead of the US. How our moves are so predictable. How our false flag events that used to be so reliable to start conflict are now laughed at. How our tried and true methods of global manipulation are failing. It appears we're the only one not learning from history.

And all of this leads to the greatest illusion of them all, so, on to the lie -

Minis 4hr - Rising pink wedge failure to yellow channel support, this is a big deal, especially since they failed to take the hill in the charge for the 1900 round number. Next stop if this fails is 1844. Backtest of pink support should be expected possibly near 1873 at red rising wedge of death upper resistance diagonal. If not, the elevator shaft is wide open.  Support on the minis goes something like - 20dma 1850, LT support beige at 1844, 50dma at 1824, blue LT channel resistance backtest at 1815 and finally red wedge support (the MUST HOLD point of all) at 1802.

Since Copper is all the rage these days - Yellow LT channel with HnS failure at channel 50% diagonal only leads to one place, channel support near $2.

A quick look at 10yr UST long term - The failure of the rising wedge I've been showing for years. price stuck at 38% retracement. Rates are bout to go up and those that got sucked into UST are about to get slaughtered.

More to come below.

Have a good day.

GL and GB!

Tuesday, March 11, 2014

Morning Charts 03/11/14 SPX /es

3/11/11 is a date we all will remember in the future. It may mean nothing to you now, but there is a real chance that 3/11 may become more meaningful than 9/11 one day. Today is the three year anniversary of the earthquake and tsunami that led to the disaster at the Fukushima Daiichi nuclear plant in Japan.

STB tries to at least once weekly to remind you of what's going down in Fukushima. I link the ENENews Fukushima page that gives daily updates on the happenings in Japan. The disaster here is more than real. The stories I read are the things that nightmares are made of. It is the worst possible disaster that could happen to the planet, and it is being covered up by global governments. What should be front page news every day is being whitewashed by the global MSM.

Remember not to long ago when the FCC was going to put monitors in newsrooms across the nation to make sure that we only received news on a "need to know" basis? Want a great example of a nuclear coverup that the US MSM is not telling you about right now? Read What’s REALLY Going On At the Nuclear Storage Site In New Mexico? and watch Arnie Gundersen's video that will scare the heck out of you. When an experimental or pilot storage site for toxic nuclear debris, that is in a salt mine a half mile underground, that's supposed to store waste for 250,000 years has an issue, and it begins releasing waste into our air, one would think that might be newsworthy? Well, apparently not.

Neither is the fact that Fukushima is an out of control nuclear disaster that three years after the incident no one can contain. Well it either can not be contained, or no one wants to pay for its proper containment. Either way, the response and lack of action to do anything to solve the problem is appalling. Right now, I guess Fukushima's poisoning of the globe and nothing has been done to stop it, is far less important than bureaucratic power, bribes, blackmail, mafia, and even saving Japan's economy.

News flash! Japan wont have an economy to save if they allow this lack of action to continue. The Nuclear Regulatory Commission is as big a farce as every other government agency. The cover-ups surrounding nuclear incidents is astounding. I suggest you read The Government Has Engaged In a Series of Nuclear Cover-Ups Ever Since Hiroshima. Maybe Fukushima is not that big of a deal, because we're already done for?

On to the lie -

Minis 60m - Upper right side of the yellow channel we've been following for weeks. STB warned late yesterday that a bull flag may have been forming, and a turn at the 38% retracenment, the backtest of the upper resistance of the rising red wedge of death and the yellow channel 50%  diagonal, well .....

It is what it is, till it isn't. It's disgusting is what it really is.

More to come below.

Have a good day.

GL and GB!

Monday, March 10, 2014

Morning Charts 03/10/14 SPX /es

Everything is going according to plan. All is well. Pay no attention to the Ukraine, China, Japan (and Fuku), the EU or any other nation that's apparently on the brink of collapse. None of that news is real. There are plenty of positives out there. Take N. Korea for example. They've been successfully test firing missiles and KJU was just reelected with 100% of the vote. 100%! Now that's supreme confidence in a supreme leader.

I would not be surprised if Captain Executive Order may not pull a similar trick in a couple of years. Using his pen to become the only one on the ballot somehow does not seem to be too far fetched. Obama Jong Un has a nice ring to it. Death squads, police state, a complete idiot running the show, well, we're half if not more of the way there. Awesome!

I'm not gonna rehash a lot of news cause it's the same as it has been for years except finally the rose colored glasses are starting to lose their Blue Blocker ability. Things are finally starting to unwind a bit. The years of excess and mounting debt are finally starting to weigh on the system. Like a crack in a dam, the water is there and doing its trick, eroding and pressuring the weak spots. Sooner or later it's inevitable that all of a sudden, in an instant, the dam will fail. The same is happening with the global financial system.

On to the lie -

Minis 60m - Just a matter of when, not if now. that when could be years and another 10,000 SPX points away, but it's coming. When that "when" hits is all tuns to dust. Technically we're at our 4th iteration (if not 6th) of a perfect technical top that should end this nightmare. Key support this morning lies at 1871, 69, 60 and 56. We're close and overdue for at least a worthy pull back of sorts, and with any pullback (STB does not use the term correction cause those are mandated to be illegal now) you must be weary of the big drop.

More to come below.

Have a good week.

GL and GB!

Friday, March 7, 2014

Open Weekend Post 03/08-09/14

You know the drill, share the love and the knowledge.

If you see it, share it.

Lots of balls in the air. Something's going to his the ground sooner or later.

Minis Daily - Gotta show the quadruple technical overthrow that is overthrowing long term blue channel resistance via the rising red wedge of death again. Just want to make sure everyone knows just how far down the rabbit hole we are.

Have a good weekend.

GL and GB!

Morning Charts 03/07/14 SPX /es

Not much to say this Friday morning. Jobs outperformed and gave the taper crowd a bit more reprieve. Of course if you believe the 6.7% unemployment rate then you need to have your head examined. Just another manipulated data point, nothing more. Forward!

Ukraine will remain in the spotlight. What's amazing to me is the complacency everyone has surrounding the situation. We're one bullet and following sanctions from complete disruption of, like, everything. Interrupted trade with Russia is not what the EU needs, but we all know how this administration feels about the EU's wishes, right?

Putin probably told Obummer in their call yesterday, you can't do crap and you know it. Quit being a hypocrite. Why don't you get a quick selfie of us on the phone for you to tweet and promote Ocare and beg for more donations. Then you can go back to playing golf and implementing your socialist agenda. Oh, and thanks for paying that gas $1 billion bill for the Ukraine. That was nice of you.

Respect? LOL, not! Take a quick gander at my poll to the right and that will speak of what folks think about our leader, the most "powerful man in the world". A 38% approval rating, the fact that 71% of the sheeple regret voting for him and we will never impeach him for obvious reasons. 2 more years! Good job America, well done. Putin's gonna do whatever he wants, and we can only watch.

On to the lie -

Weekly SPX - Time is running out.

Minis 60m - Overthrowing yellow and green channels and upper rising pink wedge resistance just under major green busted backtest, all while overthrowing upper rising red wedge of death resistance. Only one word describes this, insanity.

Minis 15m -A closer look.

More to come below.

Have a good weekend.

GL and GB!

Thursday, March 6, 2014

Morning Charts 03/06/14 SPX /es

Can it really get any worse that it already is? Well, some would say, what's so bad now? Others may say, how'd it get this bad? STB sez to the dreamers quit dreaming and to the believers, yes, it's going to get a lot worse. We're headed over the cliff into the abyss if we don't find a real leader that can take this situation by the balls and squeeze really hard.

I've been discussing the mounting problems for just over five years here at STB. I've never wavered from my positions one iota. What to some at the time appeared to be moronic conspiracy laden rants and ramblings, these posts have almost all come home to be truisms. I can't take all the credit though for my accuracy. I had a lot of help and some really easy calls to make. Why was it so easy? Who helped?

First I'd like to thank greed, corruption, self-adoration and the God complex. Without these wholly innate traits that lie in every man in woman on capitol hill and on Wall St., my calls would have been much more difficult. Feel free to add your own adjectives here, those were just some low hanging fruit I plucked in a hurry.

Next, I have to thank the Central Banks and Helicopter Ben. When you control the printing press, have absolutely zero accountability and no threat of reprise for your actions, well, hey, let's party! If you do not know about the BIS, please educate yourself.

Let me thank the current administration. So many angles here. Where to start? How do I briefly manage this clan of characters? So many! Let me start with the pathological lying potus, move to the inept judicial department and finish with the BLS. Short list, again, like above, add your own favorites here. With a leader that lies to your face,  a judicial department that enforces TBTJ and the BLS that paints any economic picture that's desired - are you kidding me? They give me layup call after layup call.

Let's add to the above the NSA, CIA, FBI, DHS, TSA and IRS. We could include the EPA and FCC and a few other meaningless agencies (Education) that do little more than leach off the American taxpayer, but let's not for now. I have to thank these groups for enabling the corrupt Fed and lying administration. Without these groups spying on and intimidating every pertinent player into submission things may be quite different.

I'd like to thank the multitude of lobbyists out there. They have bought and paid for Congress (literally every aspect of DC). They have assured that our government now serves special interest groups over the people (sheeple). 

I have to thank the SEC and the CFTC (and, again, name your favorite here) for their love of porn over regulation.

I'd like to thank every potus from Lyndon B. Johnson to now. They allowed the secret societies and military industrial complex to become the dominating forces they are today.

I'd also like to thank whomever killed JFK. Without you, none of this would be possible. The Fed would not exist, the dollar would be worth a dollar, the judicial system would be, well, judicial, and our country might still have a sliver of morality if you had not eliminated the last potus with hands large enough to squeeeeze the units of the system.

Lastly, I have to thank the MSM, FCC, Hollywood and congress. Congress for making propaganda legal again. Soros, Murdoch, FCC, et al for their misleading the sheeple day in and day out. Hollywood, well they do a fantastic job at glorifying and conditioning us for what's to come.

Not on the list but are things that assist in driving the above are the UN, the IMF, the CFR and Agenda 21. Please look into these groups as they are at or near the top of the control group that runs the show.

And some wonder why I'm one of the few left standing that has not called a top? Really? And some wonder why I wait on my "event" to come that will finally end it all?

Buy in folks, we're headed off the cliff. Even if some real leader should arise and overcome the antichrist that's in control, we're going to have to go through the fire to be purged of our excess and sins. A total reset is in order here. We've lost every ounce of morality. We're all so self absorbed that what we believe and see is nithing more than a mirage (or Matrix).

Either we find a real leader with balls bigger than two moons, or we're guaranteed to live in a socialist state where we lose the Constitution and the freedoms that we were given by God. Simple as that.

As for my calls and prognostication? I think I'll continue with my near perfect track record. It's easy if you just pull back the veil and see reality. Of course you may not want to do that, what you might see on the other side might literally scare the shit out of you.

On to the lie -

Minis Daily - Four perfect technical tops that have all been overthrown. The worst and first was in January of 2013. This is where it all should have ended folks. Everything from this point on in nothing but a lie. They can't ignore the technicals forever, and when this ends, and it will, POOF goes everything.

Minis 60m - SSDD, nuff said. Riding under upper yellow channel and pink wedge resistance here stressing every ounce of the system. I am looking to enter a short, but lust looking. I'll let you know below if I do anything. Ukraine has a great shot at being my "event".

More to come below.

Please vote in my poll above if you have not.

Have a good day.

GL and GB!

Wednesday, March 5, 2014

Morning Charts 04/05/14 SPX /es

Do you know how tough it is to have a discussion with your 11 year old on why we can't impeach potus? LS2 is a pretty bright kid. We covered the ME for his geography class this week. Israel all the way over to Iran and everything inbetween. Of course dad added a bit not in his textbook, but not too much that would influence his opinion. Just a few facts. Note: I skipped everything that had to do with any sort of conspiracy fact especially surrounding Zionism and 9/11.

His textbook (private school) did a fair job mentioning Israel, Muslims, Islam, Hamas, Hezbollah,  Palestine and such. It covered the oil trade and the Straight of Hormuz. After discussing Iraq and Afghanistan (I left out the poppy trade all together) then we went deep into Iran. I got his full interest when I started how Israel and the free world do not want Iran to have a nuke. This was covered briefly at the end of the Iran section in his textbook. When I told him about Israelis going into Iran and killing thier nuclear scientists so they could not develop a bomb and Stuxnet I got this 11 year old boys full attention. Ah, the things not taught in schools.

So the discussion went on about good and bad Muslims, and how the bad ones are taught that all non-believers should be eliminated from the planet. Well, as a good Christian child he was a bit stunned at this. Then the questions this morning came about potus. Apparently he thought long and hard about this last night after he was put to bed.

Why can't we kick Obama out dad? Why does our foreign policy "suck"? His words not mine. Well son, we can't impeach potus for several reasons. STB thinking hard and fast on how to answer this with extreme delicacy. I have a 5 minute drive to school to answer this and not sound like a complete bigot. Bingo! He's half white. I got this. So we briefly discussed race issues, potus' use of the NSA, DHS, and IRS and intimidation tactics and why he can't be impeached.

Oh, we also got into the gun control issue. He loves to hunt and shoot. So, this is why we don't shoot as much for fun anymore dad? Well son, they just shut down the last lead smeltry in the US and the DHS has bought up all the bullets for domestic use. Silence from the passengers seat.

Then came the birther question as we pull into school. Full disclosure - he did NOT get this from me. I told him we'd cover that tonight. I can't wait for the discussion this evening. Hmmm, how to teach your child not to hate and think rationally about a once great country that's falling apart, that saddling his generation with trillions in debt and allowing an out of control potus to destroy the constitution?

Gonna be more tough discussions tonight I guess.

On to the lie -

Minis 4hr - A pretty good look at what's going on technically.Green and blue rising wedges break down as they end the rising red wedge of death. Price falls and breaks red wedge of death support but gets a massive stick save (volatility bull tral indicating topping process). A new purple rising wedge forms and price is in a yellow channel inside this purple ED that appears to be backtesting the first green rising wedge support just above the rising red wedge of death's resistance - all at ATH's. Now note the negative divergences in green below and the vertical yellow time lines that indicated prior reversal points. See anything familiar?

More to come below.

Have a good day. STB gave up soft drinks for Lent. That will hurt, but it's supposed to.

GL and GB!

Tuesday, March 4, 2014

Morning Charts 03/04/14 SPX /es

Fat Tuesday - I think I'm gonna give up BTFD and BTATH for Lent.

There is a new STB poll, please vote (no, neither is not an option) >>>>>

So, Putin backs off and the 5:00 am deadline for surrender was nothing but hot air. I'm sure that Obummer will note that his strength and resolve had everything to do with this backing down. He'll more than likely post some sort of selfie glorifying himself in the moment asking for more donations.

Of course Russia has won the war without a shot being fired, but the Ukraine situation is not over, just on the back burner now. I'm pretty sure the hypocrisy of our complaining about the invasion of a sovereign nation has the US in a fairly weak position to do anything about this situation. It's Bush's fault, again, I'm sure.

Israel is the next big deal where our administration will fail miserably.  Our Muslim-in-Chief is big on helping the Palestinians get their recognition. So big in fact he's just about willing to throw Israel under the bus. I'm not so sure Obummer wants to rile the AIPAC. Some believe the Zionists are the ones truly in control, the puppet-in-chief may not want to test that belief. Nor should a potus with a sub 40% approval rating want to rile a public that overwhelmingly supports Israel at this time more than ever. Maybe he should just stick with what he does best, destroying the Constitution and doing all sorts of unlawful acts? Then again, maybe not!

In the meantime O is gonna put his budget in place that's going to create millions of jobs and fix America's infrastructure problems. LOL. This administration could not fix a flat tire on Obummer's bike.

All this leads us back to taper on/off as the only meaningful market mover till the next crisis arises.

On to the lie -

All is well! All is well! Never mind the near collapse yesterday and everyone lining up at the gates to leave the markets in record time. That was a false alarm. Nothing happened, so pay no attention to the the real fear that exists under this market. It did not happen, so you don't have to worry about it. You need to completely ignore the fact that we're one stray bullet from a 1,000 point down DOW day and more. These are not the droids you are looking for. All is well, now go donate to the democraptic party and sign up for Obama Care - excuse me - potus' name is no longer associated with that complete disaster - sign up for the the ACA - my bad. It's not a tax, you can keep your doctor, your rates won't go up one bit, it's great for small business and will boost employment by millions - Obummer promises!

The algos did their jobs last night and ramped price up to close the gap and stop just under another ATH. All is well! Really? Who cares at this point? It's not really worth discussing or bitching about. Bottom line is crisis averted (for now) and we're back to focusing on taper/QE on/off.

Minis 60m - Back in the yellow channel, gap (gray) closed and price is tagging the upper red wedge of death resistance diagonal just under a fresh new ATH. Man things are GREAT! This is all so stupid. I hope you realize that. I'll show a cash chart below, cause you will need to see the island gap they are going to create this morning. That my friend is a sure sign that worse is to come as they continue to push price up against natural forces that say it must fall. Nothing like a nasty double top, at ATH, at resistance, after a backtest, in a rollover channel, overbought, overvalued, false liquidity driven on the promise of increasing debt with an island gap underneath (on cash) - what could go wrong here?

More to come below. I'll give support and resistance numbers there on another chart. Cash chart will be below as well. It appears near term we're back to the SSDD meme. Who knows, maybe the CIA will do a better job next time and truly incite the Russians into a real war. That's something to be on the lookout for.What, look our for more incompetence from the CIA or their actually accomplishing a mission without embarrassing the US? That's a good question.

Happy Mardi Gras!

GL and GB!

Monday, March 3, 2014

Morning Charts 03/03/14 SPX /es

Israel, Russia, whatever, it appears to all be slipping thru their fingers now. Maybe the global debt juggling act is coming to an end. Money problems have a strange way of causing stress in even the best relationships, so when money becomes an issue in strained relationships, and the leaders are all highly incompetent puppets, serious problems are more than likely to arise.

It looks like the end is finally near. I'd expect a false flag sooner than later to force Obummer into action. If he won't do it ion his own, then someone will force his hand from the inside. Again, war is to cover the economic collapse and failure of every central bank policy to revive the economy. Really the CB's have not failed, they have successfully transferred all the wealth of the poor and middle class to the 1%. Now it's time to use the war to cover their tracks.

On to the lie -

Daily SPX - Want to see a technical setup that leads to a massive gap down?

Minis 60m - Call the top! Call the top already! I can hear it coming in the comments section and in the emails already. If the yellow channel and the 60m 200ma fail I may just have to do it. We'll just have to see. I have a feeling an event is coming that will be a game changer. Patience. Blue and red diagonal support below are key. If 1840 goes then we're looking to 1810 and 1795. Everyone is nervous and the hair sell triggers are on red alert. Once this thing turns it will be very obvious.

More to come below.

Have a good week.

GL and GB!