Morning Charts 04/30/14 SPX /es

Only got time to throw up a few charts this morning.


Minis 60m - I moved the white falling channel. Still not sure if I like it as price is really wandering between major resistance and uber major support. 1875 to 1878 remains key resistance at the upper end of the blue falling channel that has dominated things for a couple of months. Support starts at 1853 and then moves to 44, 39 and 33 (I'll get more precise if necessary). I still prefer down but there is a possible (ugly but possible)  IHnS or CnH in that formation. Looks like the 1900 STB point is a goner. Glad we got the 1844 one though. IMO, price in a nervous market is consolidating looking for direction.

More to come below.


Have a good day.

GL and GB!

Morning Charts 04/29/14 SPX /es

Since the market is all they want you to care about and ponder, let's take a glimpse behind the curtain at what they don't want you to see. Let's take a brief look at the crumbling, dysfunctional, corrupt mess that is US foreign policy. Of course this mess starts and ends at the top with our leader. Knowing that, do I really need to go any further or should I just spare you the pain?

You know what happens when you put a puppet, ultra liberal, Non-US born Kenyan, Muslim, Reggie Love lovin, liar and all round sissy in the potus seat? I'd really like to think that it would not even be possible for such a combination (or even one-third) would have a shot at even making it to a senate seat. Ooops, sorry. Well, we're stuck with it. 

Let's not get distracted. OK, if that combination is bad then think of the puppet's puppets. Ouch, that's a low blow. Puppet's puppet? Uh, shoot me first please. I'd rather not. So somewhere in the top five of the puppet's puppets is John Kerry. #TOOL comes to mind when I see this elite scum.

Stay on target Shanky, leave the low hanging fruit on the tree and get to the point -

OK, so what's going down, if you can not tell, is our Muslim leader and the rest of Muslim brotherhood in office in DC is breaking with every known path of foreign policy we've ever had. Let's call it a change of direction. Let's call it pissing on the Jews and Christianity. It is what it is. Maybe this is more than foreign policy? Maybe this is more like eternal policy?

Whatever it is in this realm, this dildo has chosen to slowly over time to leave Israel hanging. Just yesterday the Kerry puppet pulled off Kerry Warns Israel Could Become ‘An Apartheid State’ #WTF? Hey John, why didn't you just say it like you're told - your mulsim puppet leader has you doing his dirty work and told you to tell the Jews to become a bunch of "n" words to the mulsims.

Now how's that for foreign policy in a country ruled by zionists with the AIPAC as the most powerful lobby? How's that for treating the cradle of Christianity? Pardon my french but this is really fucked up. Want the pinnacle moment of dysfunction in DC - there you have it. Congratulations America, you've been completely and utterly destroyed from the inside out by your government.

We talk a lot about God and spiritual things in the comments below. I run an open blog here and allow lots of freedoms and topics to be discussed that are not market related simply because there is more to it than just price movement. My God is Dead post to start the year from January 2012 seems to be coming more true by the day. Our new foreign policy is to dismantle Israel? From here?

Care to look at all the 'bergs and 'steins that hold office and run the financial institutions in this country? And puppet - in - chief pulls this off? In the face of the zionists and AIPAC? I knew potus was stupid but this is a new low.

Folks, wake up. We have completed dysfunction in DC, and they are making their move. Their arrogance is astounding. Complete control is an understatement. If you don't think you are living under a Godless and lawless regime, you are mistaken. 1984 is here. When you start dissing God, well, I promise nothing good is going to come from that, and we're gonna have to pay for their sins. I suggest you get ready.

On to the lie -

Well early last week someone gave a 1844 STB point that could happen on Monday. Bingo! Maybe there are some benefits to reading STB's TA? Right on the spot we got it. I love it when a plan comes together. Now to be fair there was also one at 1900 that could happen today or tomorrow. Could something happen that could ramp the minis 26 points between now and tomorrow's close? Heck, they tagged 44 yesterday and are already almost 20 points off that low. Why not? Let's party!

Minis 4hr - blue falling channel dominates price movement here. 1874 to 1878 is critical resistance today. Straight up at intersection of red, yellow, green and pink is the other STB point at 1900. It would be wild as hell to see then both get hit. The protected the STB red line of death, 1844 s/r and the blue channel 50% diagonal yesterday. I'll reiterate for emphasis - all the critical market support - like all of it - is now inside this blue falling channel. They are OUT OF ROOM for a correction and they MUST take it higher here or else.

Minis 15m - I love seeing that 1844 at the STB point on this chart. That's just some good shit. Anywho - see 1874 and the upper blue falling channel resistance above. That is bully's problem. So is that red diagonal of death just below.

More to come below.


Have a good day.

GL and GB!

Morning Charts 04/28/14 SPX /es

I'm still a bit disgusted and really don't feel like beating the dead horse that is our debt/economic situation again this morning. This is employment week and several other events will keep things busy. What's lacking is Fed news. Other than the FOMC rate decision Wednesday the Fed should be out of the picture (but of course still running POMO behind the scenes).

I think watching global events like the Ukraine situation is important. Funny that I should say "watching the Ukraine" cause that's exactly where they want you focused. Nothing like a massive distraction to shift focus off the real issues at hand. We all know Obummer must have a war, so escalation here is a real possibility.


Let me note that for those of you that come and read the morning commentary and then go away, I give what I feel is necessary up here as far as my opinion goes, but the meat of the news flow, information and real time charting comes in the comment section below. It's kinda like a live Drudge on steroids for conspiracy nuts and fact lovers. No fluff, no BS, just real news presented in a timely manner by a bunch of (mostly) like minded individuals who want to share and inform. I also add market commentary and pertinent charts below as the day goes. So, the blog is not just the post and a cloud of dust. To get to the really good stuff (not that my posts aren't all that and a bag of chips) you really need to cruise the comments section. Just sayin.


On to the lie -

Complacent - marked by self-satisfaction especially when accompanied by unawareness of actual dangers or deficiencies

Unawareness is not the word I'd use in our current situation, so maybe Complacent is not the right word. 

Ignorant - resulting from or showing lack of knowledge or intelligence

Close, but maybe -

Delusional - a persistent false psychotic belief regarding the self or persons or objects outside the self that is maintained despite indisputable evidence to the contrary

Ring the bell folks, we have a winner! Delusional, that's the word I'm looking for to describe our current psyche. Combine that with -

Denial - a condition in which someone will not admit that something sad, painful, etc., is true or real

And now you have a perfect description of the current state of reality regarding our economic, financial and social situation in this country.


Minis 4hr - Blue falling channel resistance is key resistance this week. That makes 1875 to 1878 a critical area. The real (and serious) problem is starting to show up in support. The STB red diagonal of death is now above the falling blue channel's 50% diagonal. The long term (off 667 2009 lows) rising thick blue channel resistance is also in the falling blue channel as well as the red dashed ultimate support diagonal off the 2012 lows. All that means is the falling blue channel that's dominated price since February will either end with a breakout or things are about to seriously breakdown. One other support is also in the falling blue channel, the rising yellow wedge support. So, look at the chart and see red, thick blue, yellow and dashed red - folks below that and it's all over.

Minis 30m - Rising green channel to blue falling channel resistance has failed. This brings in all sorts of nasty targets. What this brings into play is lower blue channel support down near 1800. On the way there, if it gets there, Pandora's Box gets opened up for much much lower targets - like targets all the way down to the 1480's.

Minis Daily - Let me put it to you this way - the STB rising red wedge of death - it be like - almost toast.

SPX Weekly - And all that leads to this. Gotta love it when a plan comes together. TA's gonna get it right. It just requires an extreme amount of patience. Like a fine wine baby. We're close.

More to come below.


Have a good week.

GL and GB!

Open Weekend Post 04/26-27/14 SPX /es

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

If you see it, share it.

Ukraine is a cover for the worst cluster F that ever existed.

Minis 4hr - Potential yellow rising wedge with inside it the felling blue channel that is dominating price here. Green rising channel to blue resistance failed Friday. Small HnS busted support and fell to 1853 s/r Friday. Now the gray falling wedge points to the potential STB point (beige/red/blue channel 50% diag) at 1844 s/r. One problem is the STB red diagonal of death is way in play here inside the yellow rising wedge.

Minis 60m - Falling gray wedge pointing right to the STB point (red/beige) at 1844 Monday. Remember the Red diagonal is the STB line of death. Dashed red below is the ultimate support off the November 2012 lows. Things are really, really, really getting compressed up here which is not good for bully.

Have a good weekend.

GL and GB!

Morning Charts 04/25/14 SPX /es Ukraine Rant

Recently when Little Shanky 1 and I were reviewing research for his JFK report one thing was clear despite the rhetoric and times - neither JFK nor Khrushchev wanted to destroy the world. This one notion or common fear led to wiser decisions and revelations regarding how we can coexist. We can thank both those leaders for a job well done in laying the groundwork for a peaceful and great time to be on the globe. Things are a bit different now 50 years after the Cuban Missile Crisis. Of course we abused the trust.

Since the 60's we took capitalism and floored it. They were mired in Communism, thus, they got left in the economic rear view mirror. Since then, our banks have abused the Russians. Our capitalists have gone in and plundered what they could of their resources.We've all lived the good life while the former communist nation continues to struggle. Russia has watched as the US debt machine with its world reserve currency lap it several times on the road to excessive consumption.

More recently Russia has noticed our debt machine is beginning to wear out after so many years of heavy use and lack of much needed maintenance. Our fiat is wearing thin. They've noticed our foreign policy had changed from peace keeper to land grabber. They see that our growth and control must expand cause our system demands it. This parasite, the corporatocracy, has consumed the western part of its host and must find something new to quench its hunger.


They also see that our leadership is at its weakest point ever. Let's just say the whole globe knows this administration and congress are a complete joke. Approval ratings prove that, and those are even massaged to make things look better. Perhaps they recognize more than we do the corrupt system we've become. After all, corruption is all they know.

Now Putin has had enough and is finally standing up to our more aggressive posture or attempt to "spread democracy". Furious Russia, Downgraded To Just Above Junk By S&P, Proposes "Scorched Earth" Retaliation Against NATO Countries may have been the last straw that broke the camel's back in this situation. Putin has had enough of our shit, he knows exactly where we stand economically, just how dysfunctional and corrupt our government is and he's tired of our expansion and is putting his foot down.

Good for him. Thank goodness someone is willing to stop our government on its quest for global domination. Russia may not want war, but they will fight. They have ZERO, Niet, нулевой, zilch respect for us. We may run our drones all over MENA but they are not coming to Russia's front door. That ain't happening and they are willing to fuck some shit up if we think we're just gonna waltz into the Ukraine and blow it up the way we did Iraq, Libya, Egypt or Syria.

Now let's look in the mirror at the real problem. We have an arrogant, out of control, complete idiot, puppet president that if he even has a ball sack it may contain nuts the size of atoms (and that may be a compliment). #LOL, #FAIL or insert your favorite # here _____ . I'm sure you have some good ones. Let's just say he's the anti-JFK and peace is not on his agenda. He serves a greater power that's not primarily concerned with your well being.They are more interested in your enslavement than freedom.

The real problem lies in the fact, and we've discussed it here for years at STB, we all knew this was coming. Obummer must and will have a war. I really don't have the time now to go into all the executive orders and detail the destruction of the Constitution that gives him near dictatorial power, but a war, a world war, that would allow him to cancel elections (that are going to be lost) and entrench him as ruler and chief is a must for them now.

The war will be to cover the coming financial collapse. It will allow debt cancellation. It will be to entrench the fiat world reserve currency till the Bankor, the NWO one world government currency, can be established. This fucker wants to rule the GLOBE, and all good religious folk know this means he then can only be one person.

You need to be terribly afraid of the powers that run this nation. Going back to Eisenhower and JFK - they SPECIFICALLY warned us of the agenda of the secret societies. JFK tried to fight back and lost. Even our founding fathers new of this group and did their best to stop them. Now these powers that be have the presidential puppet that will do their ultimate bidding. The time is now for them to make their move. 

The Ukraine crisis is not about Russian aggression, it's a (not so) carefully contrived CIA co-op that's put us in the middle of a much desired conflict. One that may lead to an us or them survival situation, and the friggin idiots in the white house may be walking into a gunfight with only their peckers in their hand. You are about to see the consequences of the combining of corruption with dysfunction.

On to the lie -

I'm running late so more on the minis and targets below in commentary. 

Minis 4hr - Blue channel down. Green rising channel failed at blue resistance. Could be a nasty spot. The Easter holiday ramp to happiness may be about to be proven the farce it really was.

Have a good weekend.

GL and GB!

Morning Charts 04/24/14 SPX /es #GOLD #Chart

OK, lets start this morning with Gold Slammed To Fresh 10-Week Lows Below Key Technical Level, and stop and think about a few things rationally. Let's make this real simple -

1) As I've always written and conspiracy fact has proven, gold is the most manipulated commodity on the planet.

2) Use any weakness to buy physical and get out of the dollar (their system).

3) Always trade dollars (not credit) for gold. This is the best investment on the planet. First, you are trading a worthless piece of paper for real gold. Second, they can not track your purchases.

4) When and at what price did China and the world start going ape shit over gold? 2009 and in a range from $950 to $1,050 - so there is your floor.

There is really no point in going beyond either statement above in any argument. If you are trading completely worthless digital or paper gold, then this is another story. Here you are at the complete mercy of JPM and the gang of five that set the price. I'm not gonna talk about near term trades in gold. Bottom line is long term both paper and real gold will eventually explode to the upside. So just be patient and let nature take its course. After the eventual ramp of course the paper will be proven worthless and well, you know the rest of the story.

With global turmoil, Russia and China starting to aggressively move away from the dollar, our slight debt situation and a gazilllion other factors how could you not be in love with owning gold here? Well, aside from the complete manipulation issue that is. They will lose control of this one day and the house will lose its bet and have to cover. Then in instead of a flash crash there will be a flash ramp.

Let's look at some charts so technically you will understand where things are.

/YG Monthly - From the $270 low to the $1927 top price has fallen or made a normal retracement to the 38% level near $1295 and has traded there for the past year. Looking at the run up, a base red diagonal support was created. Then there is the green megaphone. Inside that there was the yellow rising channel that spectacularly overthrew green resistance. When the yellow rising channel support failed and price came back under green resistance - at the backtest of both of those it was all over. (Note to STB readers - it is this exact sort of point I'm searching for in equities to finally throw in the towel.)

/YG Weekly - A closer look at the breakdown to 38% retracement. The development of the possible pink falling wedge (not so sure I like where support is drawn and that can change). You can see green long term support below. I've been talking a lot about the potential double bottom dead cat bounce at $1181, and its possible correlation to a potential top in the equity market.

/YG Daily - Gold has traded in a $1400 to $1180 range for the past year while consolidating and creeping over to take out white resistance. So, after the double bottom price consolidated till it took out resistance and is now in a nice long backtest of this resistance at the 38% retracement. Sounds like the perfect spot for a technical breakout.

/YG 60m - The Rebel Alliance can not be allowed to succeed. The rebellion must be crushed, so the Empire creates moments of fear and doubt in your minds and gets you to freak out. The sky is not falling although it may seem that way. So lets look at this "slammed" situation in gold this morning. It was pushed to a lower low. This needs to be noted, but white near term support is still intact so don't freak out quite yet. Now look back up at the last chart. OK, if you own this then you hope white backtest holds, and if not you have to expect they could really slam price to an $1181 triple bottom or all the way to the potential STB point where pink and green support intersect below on 05/20 at $1133. $1133 should be the ultimate floor.

On to the lie -

How bout that ramp AH yesterday. That was special wasn't it. If volume is not light enough to ramp it while open, then wait till its closed where you can really do some dirty work.

Minis 60m - Yesterday I mentioned the backtest of 1866 twice. All it took for Team Manipulation to freak out was to come near green rising channel support and the 1866 area for them to react. Now price is back to its third test of upper falling blue channel resistance. Could the bears still have the ball? This 1880 area has to hold if so. It's their last hope.

or the STB point at 1900 where yellow, red, pink and green converge at the end of the month is clearly in play.

More to come below.

Have a good day.

GL and GB!

Morning Charts 04/23/14 SPX /es

I'm running late and there is really nothing to say that I have not beat to death already over the past five years, so let's give it a rest today. That said, I'll reiterate my "it's all too quiet right now" theme from yesterday. Don't be fooled.

On to the lie -

Minis 60m - STB point ahead? 1900 on 4/29? See top right where yellow, red, green and pink diagonals meet? This has exceptional potential to be an STB point. They took out 1866 yesterday and the STB bull/bear line has failed. There is a chance the minis backtest busted blue channel resistance or 1866 before heading higher, but right now, it looks like higher is in their plans. There is another, call it bi-polar, STB point possibility for you die hard bears out there. The intersection of STB red diagonal of death and 1844 s/r on the 29th as well.

More to come below.

Have a good day.

GL and GB!

Morning Charts 04/22/14 SPX /es

Things are awfully quiet right now. There is too much going on for it to appear so calm. Now is not a time to be complacent. Now is a time to be vigilant and awake to our surroundings. We're at a point where one single incident of any magnitude can cause everything to spiral out of control. In the Ukraine, MENA, China and many other places social unrest due to corrupt governments and horrific financial conditions is starting to really flare. The globe is nearing its boiling point, and when it does look out. The unrest will not end till the people have had their way.

On to the lie -

Since last week I've been discussing the location of price here at 1866 (/es f). This is near the 61% retracement of the fall from the 1892 top. I've been using this retracement point since the November 2012 lows to mark whether we're headed to higher highs or if the fall will continue. I refer to it as the STB Bull/Bear line. Above it and they have always managed higher highs. Below it and the bears have maintained control. The feds struggle usually making it back thru this point because there is enough bearish sentiment, there are enough out there that know this market is not real, there are enough that know this whole thing is a farce, that this point generates an emotional trigger that screams caution.

In normal (non-rigged) markets where we're facing these sort of economic and social conditions a bull retracement would end here and subsequent fall would continue south but not in this market. This is a point where the feds or PPT or whoever will either gap through or drive price through with authority crushing the remaining shorts and using the heat from their burning positions to fuel price into a new bull trap run to new highs. It's almost like everyone gives up, cries uncle, throws their hands in the air and says whatever. 

There will come a day when this 61% retracement is going to hold and reverse. That will be the best moment to short this market into the coming collapse. Right now the 60m charts, that have done the best job at predicting reversals, have some hefty negative divergences working. For this reason and the above I'm watching this point very cautiously right now.

SPX 60m - Whats also got me concerned at this point is the successful backtest and failure off the green diagonal. If the blue diagonal backtest holds and price reverses here there is a real possibility the final top is set and we're entering the final phase of the bear market.  

Minis 30m - Green rising channel at upper blue channel resistance at the 1866 s/r point now trading in the lower half of the rising green channel. If this cracks I will have no option but to point to the potential STB point near 1900 next week. On the other hand, if it holds, the STB red diagonal of death lies just below.

More to come below.


Have a good day.

GL and GB!

Morning Charts and Earnings 04/21/14 SPX /es

Ah earnings season, that wonderful time of year so full of promise. Stories of endless growth and the riches that will accompany it run rampant, and you know what, if this quarter is a bust then next quarter, well, that one is gonna be awesome. The turnaround is just around the corner. This economy is about to explode. There is so much good shit about to happen it will make your head spin. Just look at the markets at all time highs, what could go wrong here? Absolutely nothing, so get all your money in here now and max out your margin. We're gonna get rich!

There is always an excuse if something goes wrong. Usually these are played off as temporary, explainable and avoidable in the future. Weather has been the go to factor of late for market blame. It's was the weather's fault for everything bad that's happened in the past five years. I'm pretty sure that market analysts and economists can point to a constant cycle where it has either been far too wet, frozen, cold or hot for the consumer to do anything, for job seekers to get jobs, for home buyers or builders to engage. Earnings disappointments has nothing to do with a stagnant, shrinking economy and everything to do with the weather.

Whatever you do just look over here at what the right hand is doing and pay no attention to the left hand. Never mind that analysts are paid to lie to you. They are worse than the MSM at spreading propaganda. Sadly there are few if any repercussions for them being incorrect, and they will just massage or 'revise' their overly optimistic projections if they should ever be wrong.

The STB quarterly earnings rant should be imprinted in your brain by now. The game goes like this - They beat by a penny sending shares soaring. That's all you need to know. STOP right there as an individual investor. Read no further. They beat, all is well, price is up, so go back to bed or buy more shares. What you forgot or did not pay attention to were the lowered revisions prior to earnings season that lowered the number to make that beat possible. They were able to lower the estimates without penalty because they lowered them into a QE supported market where no one gets punished.

What happens if you dig in the numbers you find they missed sales, missed revenues, had massive write offs, took some sort of accounting trick (non-gaap) and laid off a bazillion employees to make the beat possible. Not covered by the MSM in the initial new surrounding the "beat" will be even more layoff announcements and the lowered outlook for future earnings. That' OK though, they beat and that's all you need to know. All is well and the future is bright and rosy. Now go back to sleep.


The truth is QE supports everything, the central banks control all, ZIRP will be here for at least two decades, the markets are manipulated thru HFT and other factors and illegal insider action is more rampant than ever. Analysts really have no clue nor do they care how accurate their numbers really are. They know revisions are coming and that numbers will be moved wherever they need to go. It's all a joke designed to mislead you, to hide the truth and keep you investing in their system.

As for reality - Bundy, commodities and the dollar should be primarily in focus now as we near the end.

On to the lie -

Markets remain very nervous and this should not change. Everyone pretty much sees through the smoke now and reality is bearing down. We've close to some sort of massive jolt that should kick in even more fear and will mark the end. 

Minis 4hr - I adjusted the blue falling channel this morning cause I could make this point fit.

Minis 4hr - closer view. Upper blue channel diag and 1866 are resistance here. What you really need to note is how narrow the upper section of the red rising wedge of death has become. It's only about 56 points from top to bottom here. This does not leave much room for volatility, which is something this market has become accustomed to (as it does nearing or at a top). Support to watch is 1853 then 1844.

Much more to come below.



Have a good week.


GL and GB!

Easter 04/20/14

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

Not sure if I will add to this post or not over the weekend.

Happy Easter to all!

GL and GB!

Open Weekend Post 04/18-19/14

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

If you see it share it.

We talk a lot about the markets being up into holidays so families will be rejoycing, happy and willing to spend - instead this holiday I ask that you try and as delicately as possible turn your family on to what's going down, the loss of faith and the tyranny we're facing. Maybe share that executive order video below. Sometimes the truth in their face is harder to ignore or play off it it's not coming from your mouth. Share the truth behind the Bundy ranch incident. Find something that you can drive a bit of a wedge into.

I'll have a separate post up for Easter.


Enjoy the holiday. Celebrate it.

GL and GB!

Morning Charts and Easter 04/17/14 SPX /es

Let me see, Easter holiday and opex, those are the equivalent of saying propaganda time and rigged market in the same sentence.

Propaganda time because, as the STB theory holds, they don't want any negative thoughts or discussions invading our homes over the "happy" holiday period. They want us completely distracted, wrapped up in just how frigging well off we are as our portfolios kick ass so we can all take the extra time to go spend moar on our credit cards.

Rigged market, well, with opex today do I really need to explain this any more to the readers of STB? SPY max pain is 186 and relative pain is 192, so we should have a bit moar buying to reach equalization. I will note that it has been a rare occurrence for markets to be approaching max pain from below instead of from well above over the past several years.

As for the rest of the world, it is what it is. We beat it to death here weekly, so let's give it a break today. We all, here at STB at least, know what's going down around the globe. We're all pretty clued in and got the 411 on the coming disaster.

Quick note on Easter -

Hard to not address the subject of sin today. With the apparent rise of satan and his influence of greed and corruption flowing through global governments and financial markets, maybe now more than ever this Easter season needs to be emphasized. Today is Maundy Thursday - the day of the last supper.

I'm gonna pull one part of the Easter story that I feel is most applicable to today - the story of Peter and his denial of the Lord in the most critical time. John 13:38: Then Jesus answered, “Will you really lay down your life for me? Very truly I tell you, before the rooster crows, you will disown me three times!"

Denial seems to be a reoccurring theme here at STB. We often discuss how denial is disgustingly rampant in every corner of our society. As I wrote back in my first post of 2012, God is dead. We've left Him and His ways, and our focus is strictly earthen now with little regard for our intended purpose. It's almost like being Christian gets in the way of our earthly pursuits. It's become a hindrance, because only through greed, bribery and corruption can we attain what we desire. 

We all seem to want to do what we will and then use the get out of hell free card that Jesus gave us at the last minute. We're all taking serious advantage of and abusing this great gift. Peter's denial was a great lesson to us all that apparently we refuse to learn. Heck, we don't even have to suffer what Peter suffered, we just have to live by a few simple rules they set for us to follow, and we can't even do that. 

We're lost, plain and simple. We need to find our way back to God as a nation and as individuals. We better do this in a hurry or our Muslim leader and all the sinners in DC that control this nation are going to destroy this country, the global leader of Christianity. 

Sadly, as I've said before, either the end is coming or we're about to be cast out into the desert to wander for 40 years just like the Jews to pay for our sins. We're about to be cleansed one way of another, so I suggest you all get right with God. Instead of denial, let's make an effort to accept. Accept our mission to do His will and live in His way. You will be doing the world a great favor. 

Funny, I talk about prepping a lot for economic collapse, social unrest and all that, maybe I should not forget to tell you to prep for an even more important event. Happy Easter.


On to the lie - 



Minis 4hr - 1866 may be the number if this 1853 level fails as resistance. All this is happening right above the critical 1844 support resistance line (beige).

Minis 30m - The last time at 1866 at the intersection of pink and blue I correctly screamed reversal. The markets remain in a very dangerous spot. All this has been so far is a retracement. Sure near term resistance (yellow) busted and backtested yesterday, they took back critical 1844 s/r and we do live and function in a completely rigged market, but if the tide has turned then this is another spot where another real reversal is possible. Just keep your heads up.I prefer Monday over today for any real downside potential.Let me add that the STB red diagonal of death is clearly in the picture just below.

Minis 5m - Closer look at price reaction at upper blue channel resistance.

More to come below.


Have a great holiday weekend.

GL and GB!

Morning Charts 04/15/14 SPX /es

The "Shocking" Buying Spree Of America's Mysterious Third Largest Treasury Holder Ramps Higher - I believe this is possibly going to be directly related to the long called STB external or exogenous "event" that will end it all. 

"In summary: someone, unclear who, operating through Belgium and most likely the Euroclear service (possible but unconfirmed), has added a record $141 billion in Treasurys since December, or the month in which Bernanke announced the start of the Taper, bringing the host's total to an unprecedented $341 billion!"

We covered this post briefly in the comments this week when it hit, but it needs to be examined further. Well to the extent that conspiracy theory needs to be established so conspiracy fact can once come true again. The gist of what I'm getting at can be very easily derived from the simple statement, "or the month in which Bernanke announced the start of the Taper". Tell me, Belgium, really? 

We discuss rigged and manipulated markets here at STB daily. We were among the first to jump on this bandwagon, embrace the new reality, and wait patiently for conspiracy theory to become a now well documented fact. We've been able to decipher QE and all its iterations, LIBOR and Gold market rigging, algos and HFT, the BLS data manipulation, the false liquidity, and then came the taper. 

Taper, how could the Fed stop funding or supporting the rigged system, give us a line of shit a mile long about a recovery and still manage to run markets to fresh new ATHs wile keeping ZIRP intact? Honestly, does 'how' even matter anymore. We know the CTRL P function key got stuck in the on position about 5 years ago. 

Maybe 'why' is a better question? Well, that's simple to answer as well. They die, their system collapses. There is a reason I have had that specific Andrew Jackson quote at the top of the blog since the beginning, 

"I am one of those who do not believe the national debt is a national blessing...it is calculated to raise around the administration a moneyed aristocracy dangerous to the liberties of the country." 

and liberties we are losing at an extremely rapid pace as the current administration takes the Patriot Act and rapes the Constitution to further enslave us to support their system. 

Debt - Loss of Liberty - Enslavement

Its all about their control, their greed, their lust for power, global domination, they can't lose. Well, if they stop printing they lose the dollar and it all goes POOF! 

Back to Belgium and the mystery treasury purchases. I've explained the death of the global Ponzi system. They bought our treasuries and we bought everyone else stuff. Over and over this occurred till they stopped buying our treasuries. Then we did not have money to buy stuff. So we had to print to survive. 


Who on earth has this sort of cash and why Belgium? Why was it not hidden better? Who's buying? We will get the answers one day and when we do it will be the end. When we discover the mystery behind the third largest holder of UST and what a farce it is - it all ends. 



On to the lie - 

So they ramped it to close at 1844 and upper yellow channel resistance, and then overnight drifted up thru this resistance point to open up a whole new world of opportunity. wow, what a bunch of crap. Just remember, they can't let the market have a meaningful correction. They took it as deep as they could with this last move south, right to the edge, and have now pulled it back from the edge of the abyss one more time.

Minis 60m - 1853 to 1856 is all they got left stopping them from much higher. They are still awfully close to the danger zone. They are far from out of the woods. Sure, they took back 1844, but I'm not so sure that's not much more than a symbolical move rather than meaningful one. Team manipulation is losing control. 

Everyone is nervous. Remain patient and let the play come to you. Don't force anything here. Remember, nothing 'has to happen'. 

More to come below.


Have a good day.

GL and GB!

Morning Charts 04/15/14 SPX /es

It's that day again. Serve your master debt serf.

On to the lie -


Minis 4hr - Ready for this?

• Note all of this is happening in and around the red rising wedge of death that began with the lows of November 2012 that is overthrowing long term market resistance (thick blue) off the 2009 lows.
• All of the below is inside a potential rising yellow wedge that started back in February.

1. Price cracked red rising wedge of death support back in February after the green rising wedge overthrow and failure. Off of this low ......
2. Recovered to form a pink rising wedge that overthrew red wedge resistance. 
3. Pink wedge broke down and evolved into a pink rising channel. 
4. Inside pink rising channel became a blue falling channel.
5. Overthrew blue falling channel holding pink support (STB consolidation call) to red and yellow resistance 
6. Then complete failure taking out blue, pink, stopping at 1844, backtesting the blue/pink STB super incredible short point I called, then fell to take out 1844, red, LT blue and formed the current falling yellow channel
7.  and finally stopped at blue falling channel support forming a new lower diagonal for the larger rising yellow wedge just above red dashed red line of certain death. 

There you have it - a complete technical rundown.

Minis 60m - Closer look at the current yellow falling wedge and price interaction with red and blue in the critical 1828 to 1833 area I've been discussing for a few days.

Minis 5m - Even closer. I'm watching 1828 to 1833 very closely. There are two diagonals, two channel 50% diagonals and 1833 s/r - This is a major road block. 39, 44 and falling yellow chan resistance will be next if they get thru here. Below - anything sub 1793 and we'll be having flash crash discussions.

SPX Daily - It is what it is. Some things point to a possible near term bottom but no positive divergences. Very very dangerous spot with price hanging under that LT blue support. Very dangerous.

More to come below.

Don't forget to be a good American and support the winning team by paying your taxes. 

Have a good day.

GL and GB!

Morning Charts 04/14/14 SPX /es

A some point soon I'm gonna have to start going full bore fear post/rant and not take my foot off the peddle. Let's say I'm gonna have to revert to the STB of old. What got me (and most of us) here, what the people love and want moar of, it will be coming back with a vengeance soon.

Reversion to the mean, it happens. It is a natural occurrence. Just like what the markets are destined to do. I, like the market, became complacent. It was painfully obvious where we were headed five years ago when I started writing the blog. It became painfully boring to write about where we were headed. About the only original calls I have left to come home are my "event" call, multiple market closures after the next crash, the massive global default call and the deflation before hyperinflation call. I'll have to look, but I think I can claim a 4 handle dollar technical call as well.

After the original blog banter and rants we hit the 'follow the Fed' stage for well over 500 consecutive blog posts. That got a bit sickening, so thank goodness it's finally time for a change and to start screaming real warnings from the mountain top again. Say it with me STB old timers - Guns, ammo, food, water filter, gold, silver and get out of the dollar.

This little piss ant nothing blog that will never receive any recognition (except from ZH, WB, Mish and KD who have me on their bog rolls - thank you very much - and you of course) has been on the ultimate right side of the trade all along. The get the frick out of everything, it's all gonna burn to the ground, do the math, ultimate destruction and complete disaster call, as hard as it was to believe it is going to come home.

In the mean time I've also had a pretty sporty track record at calling this rigged POS market. Warning about the '10 and '11 tops months in advance and calling them within a day. Nailing the bottoms to boot and then not having called a top since. From my 'unprecedented manipulation' back in August of '12 we've ridden this fraud all the way to here. It's time, but not right now, just not quite yet, close, extremely close, like (pick your favorite color) hair close to the next top.

After this you better be ready. When the Fed loses control or its own member banks, when the government and the Fed stop coordinating and start fighting, when the sheeple riot after their wealth destruction is realized (or confiscation occurs), you better be ready. We are gonna riot. They are gonna shut down the internet, water and power, and then all control will be lost. Much more on all of this to come.

I believe we'll come out of it just fine as long as the Americans, the patriots, can win. It's the entitled libtards that are our main problem. We'll get into this later - just start prepping if you have not - and remember, as always - pay cash for everything (especially gold) you can. These purchases can not be tracked.


On to the lie -

Top - that's a big word. Like a major friggin word that carries connotations and ramifications I'm not sure many of us are ready to contend. Like real fucking deal market and societal collapse would be a couple of issues that would accompany such an event. Of course the government and the Fed know this, so they can't let the market crash (or even correct). So far the run at 1900 failed twice and lower lows have been set as we enter earnings season.

STB quarterly earnings rant - elevator version - lower estimate before earnings, beat by a penny, miss revenues, guide lower to lower next hurdle, stocks go up. Over and over and over again it happens this way. QE raises all tides no matter how many holes are in the ship they all seem to stay afloat just fine. Well, those hole ridden hulls are about to collapse when reality finally wins over fantasy, and my friend, boats without bottoms - they don't float anymore.

Technically we're in a nasty, nasty, nasty spot. Politically, socially and financially both here and abroad were in a nasty spot. I'm not quite sure how I'm holding my tongue here on a top call. It has to be my fear of the Fed and 100% market manipulation. I obviously believe that markets are going to crash, but having seen what we've all seen, I have to digest this a bit more before I make a call.

Minis 30m - I give all sorts of details on where we are and could be headed weekly. Today is not the day for a summary, sorry. Bottom line is price broke the STB red diagonal of death Friday, and it got back under LT blue market resistance. This opened Pandora's box to much much lower targets. The STB red diagonal of death has stopped every fall on this run since the lows in '12. Everyone is holding their breath here.

I warned hard about the potential epic reversal point Thursday starting Wednesday. Then blue falling channel support got nailed Friday. The keys today - Resistance area up to 1833 and support from 1795 to 1791. This is the real deal. This is the shit. Watch 91 like a hawk cause sell stops should be under that. Above 1830 and the buying may start again. More on all of this below.

Have a good day.

GL and GB!

Open Weekend Post 04/12-13/14

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

If you see it, share it. 

Markets in a very, very peculiar spot with the world apparently ready to fade the trade.

I'll be updating charts this weekend.

Enjoy the Masters. There is nothing better than the back 9 Sunday. Best golf ever.

Have a good weekend. 

GL and GB!

Morning Charts 04/11/14 SPX /es

Thanks to computer issues this AM, the post I wanted to deliver this morning will have to wait. Sorry. 

Let's just say if you can't feel the end is near you got issues. 

On to the lie -  


Yesterday I said, "A triple whammy of resistance in an overbought worthless POS market in the middle near the end of the rising wedge that spells nothing but doom when it fails. This is an exceptional point for a reversal off a failed retracement. This is exactly the type of point I hope to nail to call the top. This is the type of entry point where the money is made. "

The results were pretty good, and that was after discussing that resistance point at length in the commentary Wednesday. You have to read the comment section. There the community does an awesome job of discussing what's going on, and I give much more specific detail. TA works, and I still think TA will get it right in the end - which is near. 

Weekly SPX - Just see the yellow boxes. That should be all the time that is left.

Monthly SPX - See yellow boxes.

I'll get into the minis below. We had a slight disaster last night. I told you to be patient and wait to consider getting long today (it you were) and let EU and Asia and the dust settle.




Have a good weekend.


GL and GB!

Morning Charts 04/10/14 SPX /es Youth, Voting and Chance

Well we've been discussing the modern American - the ignorant, the unwilling, the ostrich, the self-absorbed, the deniers ...... the sheeple - here for years at STB. Unrelenting, we've lambasted and discussed their slumber. We've hammered their extreme complacency. We've exposed their being raped (sans KY) and loving it, but what's happened recently is a bit of a surprise. We've been fortunate to have seen some sort of transformation in the sheeple over the past year or so.

The Stunning Metamorphosis Of An "Obama Girl" has inspired me this morning. The metamorphosis of youth, a truly special moment. So young and impressionable. It's very gratifying to see a youngster (yours or another) have a moment of awakening. Lord knows these moments are few and far between with kids these day, so let's take the small victories and run with them shall we? 

Carey in the  video woke up to the fact that she'd basically been date raped (my words there) by Obummer back in 2008. She figured out that she'd been bold faced lied to by the man (term used very loosely - jury still out on that) that would lead America out of the worst recession in decades. 

Yes, the youth - the ones that have been saddled with a trillion dollars of student debt, that will not have jobs or an economy to graduate into to pay for their student loans and will not be able to qualify to buy a home because of said student debt and have had their futures mortgaged so we all can live the high life today - are finally waking up.

These are the same students and young Americans that are supposed to be the backbone of the Obamacare system (now the ACA since he is trying desperately to remove his name from the greatest fuck up in political history). These kids have been saddled with the greatest financial burden any generation has ever seen and they've been left an economy that is in shambles and they are supposed to pay for this shit as well? That's right Carey, fuck that! I hear ya sister.

I distinctly remember a discussion I had with a reverend ski instructor in Crested Butte back in 1998 about my questions or reservations about having children one day. Yes, I've been a bear/realist that long. Well, I obviously had two the readers of STB well know. Kids are awesome. They rock, but the world they are inheriting does not. 

Middle school is great. Just this week LS1 (13 yrs) had a report due on what he'd learned about voting, its importance and what problems remain with it today. What evolved from this paper was an eye opening family discussion where we tried to answer the question from what he'd been taught in the textbook but could not apply this to reality. What my 13 year old learned was that even though you vote the electoral college in many states makes the ultimate decision. He learned about vast voter fraud. He learned about voter ID laws. He learned about campaign finance/fraud and how who has the biggest coffers wins. He learned that even though someone may win the popular vote they may not win the election. He learned a lot of shit I wish I knew going into the polls fort he first time.

I seriously think the teacher was looking for discrimination still existing since Jim Crow laws and all that (which does exist to a degree, but I quickly dispelled noting they buss people in from Timbuktu to vote at multiple precincts), but that's not what she got. We were not about to let our impressionable youngster be bamboozled into the lesser, easy, never ending discrimination debate. Since we now have a black president can we end this please? We wanted him in the here and now. We pulled back the veil and let him have it. He's learned that he better get his butt to the polls and pay attention to who and what he's voting for.

The youth are waking up. This is good, cause if they don't we're all really screwed. They better figure this out and fast. They better vote correctly (if that's even possible, cause more than often the choice is just the lesser of two evils). Hmmm, I wonder if Carey has heard of a man named Ron Paul and his revolution. I bet she (and many others) are seriously regretting not voting for him about now. 

On to the lie - 


Minis 4hr - Pretty simple, sitting smack dab in the middle of my red rising wedge of death. Backtesting the busted pink channel support at upper blue channel resistance at 1866 support/resistance. A triple whammy of resistance in an overbought worthless POS market in the middle near the end of the rising wedge that spells nothing but doom when it fails. This is an exceptional point for a reversal off a failed retracement. This is exactly the type of point I hope to nail to call the top. This is the type of entry point where the money is made. 

All that said, you are dealing with a rigged POS market that no longer follows any rules but the ones they set daily. These once technical milestone points now get obliterated by the PPT, HFT and any other method they have at their disposal. One day (think STB "event") we'll have our moment in the sun (and the extreme days of darkness will soon follow), but till then follow the Fed.  Remember, check your brains at the door each morning. You will not need them. They will only get in your way during the day.

More to come below. 

Masters begins today! What a glorious time and place. 



Have a good day.

GL and GB!

Morning Charts 04/09/14 Hank Aaron SPX /es

As a child growing up in the ATL I was fortunate to have a national sports hero in my hometown. I can tell many Aaron stories having met him numerous times, enough to where he knew my name. I was 10 when he hit 715, at home, preparing to go to bed and catching the game on the TV in my parents room. I was the only one in the house that saw it live. It wasn't a second later that everyone in the house knew what had happened cause of my excitement. This is a moment of my life that I will always remember, and will more than likely be one of those final moments that passes in front of my eyes as I cross to the other side.



Innocence, what a time, the mid to late 70's. I bring this up to note the erosion of baseball can be directly contrasted to the erosion of the our markets (and country) over the past 40 years. I hate baseball now. Can't stand it and may catch a game 7 of a playoff series only cause I'm pretty much a sports nut. I lost my love of the sport when they had the strike. As a young man I did not get how a bunch of guys making millions playing baseball of all sports could have the gall. (I'm not going to get into the whole debate about ownership and all that.)

Now we have a new steroid based age of baseball where the new home run kings were all dosing, or should we say, cheating. The lack of regulation and the power of the players union controlled how the game was policed, or should I say not policed.

Contrasting to the markets today, unregulated, Central Bank driven; the players have taken over the game. The honesty and morals of what was the holy grail of capitalism has eroded to a corrupt, manipulated era of where cheating is the only way to play the game now. In a way baseball needed the steroid driven long ball era to save the sport from the NHL's fate of obscurity. Today the markets must have the QE era to save everything they've falsified over the past decade or more.

Baseball is now regulating the sport, they've eradicated cheating and it is still alive and actually making a comeback. Hmmm, novel idea, but what if they decided to regulate the markets? Nah, not possible.

On to the lie -

The waiting game. Waiting on the inevitable end to come. Tinkering under 1900 and above critical support, it appears that the volatile consolidation from 1833 to 1900 that we've experienced over the past few weeks may be what we need to get used to.

Minis 4hr - Potential formations exist, but after a great fall the markets need to find their form and settle in. Right now price is in old pattern parameters, but has not yet carved out a new formation. You can see the upper and lower resistance of STB's long term rising red wede of death are controlling the highs and lows. 1844 (beige) and 1833 are a key areas. The thick blue rising diagonal is LT resistance off the 2009 lows. IF that blue support and the red rising wedge fail, it could (and should, be game over. That's how close we are to technical death here.

Minis 15m - A closer look.

SPX 60m - The tops are all very telling, not as much so for the "impulsive" bottoms. that speaks volumes to me. At least this possible bottom, like the last, has some sort of semi-technical merit.

Minis 1853 is next resistance.


Masters starts tomorrow!

More to come below.



Have a good day.

GL and GB!

Morning Charts 04/08/14 SPX /es

It's hard not to think that the real possibility exists that one day we're gonna wake up and it's gonna be game over. Like, poof, done, the end. The house of cards will simply collapse. 

That thought is honestly not that far fetched. When you get to the point where all the experts readily admit the game is rigged, then how far could you be from complete meltdown? I suggest you read, The Father Of High Speed Trading Speaks: "The Market We Created Is A Casino; A Complete Mess; A Rigged Game". 

So how do you exactly take an unregulated rigged market back from the mafia that controls it? Not exactly sure how that's gonna happen when the government and justice department are just as corrupt. 

I guess we're screwed huh? 

On to the lie - 

I'm not freaked out about this fall quite yet. Close, but not yet. It is making quite a bit of headlines. Indexes turning red for the year is being duly noted by the MSM. Funny, it's almost like they are stirring the pot, mocking and throwing barbs at the Central Bankers challenging them to come back to the table. Fear does not exist at this time, but like Yoda said to Luke, "You will be afraid. You will be." One day everyone will be terrified, and that will happen in the not to distant future. 

Minis 60m - Double or triple bottom - is the 1833 area their max pain threshold?Not sure, but I do know that 7 points below this is the STB red diagonal of death at 1826. That my friend is what I believe everyone is watching.

More to come below. 



Have a good day.


GL and GB!

Morning Charts 04/07/14 SPX /es

Time for the grand reset or worse? I think most would agree when you elect a lying and fawning puppet like our current potus, a great country like this has reached the top (or bottom) and is long overdue for great and expansive change. Heck, we don't even have any talent in the wings, left or right, that's worthy of holding the presidency.

It's so sad that this nation has lost all of its morals and positive direction. Somewhere along the way (1913 and 1963 to be more specific) we traded in our moral compass in exchange for the selfie based greed system. Basically you can say we traded God for a credit card as a populace, and as for the government, even worse, they may as well have traded God for the devil. Instead of a spiritually based nation, we're now greed driven.

My first post of 2012 was all about how God is now dead to America and how lost we were as a nation. I believe that observation holds more true every day as we move forward. Just show me the money! I want my Escalade with spinning rims, neon underlights and a sound system that will disturb everyone in a one mile radius. I want my Mercedes cause everyone else has one. Give it to me cause I deserve it, not cause I worked for it or earned it, but I want it given to me cause I'm an American.

I suggest you read And The Next Big Thing Is... Degrowth?. I used to talk cycles a lot back when I first started the blog. All types of cycles can be used effectively in all sorts of analysis. Of course that only holds true when dealing with a natural system and one that is not rigged and manipulated, so naturally I stopped discussing it till now. I'm pretty sure everyone here remembers the standard business cycle trough, expansion, peak and contraction. Let's just say we peaked in 2007 and have attempted to delay contraction. Of course this is economically impossible as we're discovering. 

Our $16 trillion Keynesian experiment at defying the top of the cycle is proving to have been futile. It is a blatant display of arrogance and will be the death knoll of this nation. Instead of admitting defeat, taking our medicine and letting standard economics follow its natural path, we had to prove we were greater and more powerful than mother finance. This, like messing with mother nature, was a huge mistake.

Cycles, they come and go like clockwork. Nation states rise and die. I'm 100% positive that just like the Israelites in the time of Moses, we too are about to be sent to wonder in the desert for 40 years for our sins. The question is, what do we return to when we're allowed to cross the river back into the promised land? 

Top, yes top, this is a word that you should be hearing more of, but the controlled MSM is not about to risk its fate to tell the truth and defy its advertising lifeblood. We're topping (or bottoming) out right here and now. What should have ended in 2007 has been extended an extra seven years. What does $16 trillion in additional debt, TBTJ and endless entitlements get you at the top of a cycle? Absolutely nothing and that's being proven every day. 

When you drive the global ponzie with your world reserve currency and the world starts to balk at your control of the system and stops buying (UST) into it, you're in deep shit. Of course we started printing at this point and the rest is history. Things are about to seriously change in America. Times are going to get really, really tough. We're going to have a civil war/revolution/social unrest period soon that will finally take us to the bottom. 

This will happen after the great false flag. The coming great domestic terror event that will make 9/11 look like a rookie move in the terrorist trade. Of course just like Benghazi, Syria chemical weapons and the recent sniper event in the Ukraine their ploy will be seen for what it is. Following this event they will immediately come after ALL of the retirement savings of ALL Americans. This will be of course to fund the "war effort". 

They tried to take the guns and could not, so they went after the ammunition. Remember they control the power, food and water. I've been telling you for years to get out of the dollar and prepare for the worst. Time is running out. I believe our path is clear and can not be altered. I just hope that in the end we can take back our country and restore it to the great nation it once was. If not, the globalist elite win and the UN Agenda 21 one world government win, and that will suck. 

On to the lie - 

I still content the charts will get it right and between now and June it should end. If Friday did not mark the top, they can't push it much higher. SPX 1900 is so close I would be very surprised if they did not capture it to past one last psychological barrier to drive the last sacrifice for the last bull trap.

Monthly SPX - See the yellow boxes on the indicators and their diagonal support. Also note the extended negative divergences and the overbought conditions. If you are a tue believer, but remain scared I'll say this - If you are not out by the time the 10ma crosses the 20ma on this chart you will possibly lose everything - either to failing markets or confiscation.

Weekly SPX - 1450 is coming and will be here sooner than you want it to be. Let's just say I think it will come in a  "flash". Again, yellow boxes and negative divergences.

Minis 60m - I'll get into more detail below and tomorrow on this. Purple near term support is gone and the red line of death below at 1826 is rapidly approaching. 1844 support below is key. 

More to come below. 



Have a good day. 

GL and GB!