NFP, the only question about this is, what number do they want? It's that simple. They know in advance cause they print the number. It is not naturally generated. Nothing is natural or real anymore. Our financial world is a completely fabricated reality where fantasy veils reality. The 'living in the Matrix' jokes and references, aren't so funny when you come to the realization .... they are real.
So, 'bad news is good news' happens as they desire -March Payrolls Miss 192K, Below 200K Expected, Unemployment Rate 6.7% Above 6.6% Expected and the market's reaction to the bad news - why the minis hit a fresh new ATH on the MISS!
This manipulation is done for multiple reasons. First and foremost they've rigged the system to mask that every government and Fed policy over the past 100 years has been a complete failure and they are now gaming the system for their (government and central bank) survival. They've rigged the system to suck up as much wealth as possible. They will not stop till the turnip has been bled dry.
Of course this means the transfer of wealth, all wealth, from the poor and middle class to the 1%. This means that we've all become debt serfs to the state. We've evolved to be no more than slaves to generate taxes to keep them and their system alive and well. Your journey is so they prosper.
Might I suggest you take the time to watch this oldie but goodie today or this weekened.
So we continue to trade in a world of rigged markets on false data to serve their survival, and no one sees anything wrong with this?
On to the lie -
So STB dodges ANOTHER top call bullet. I really need to change my name to Neo. Easy peasy folks. Just believe in a 100% rigged system. A system that can not even be allowed to correct. I do believe we're close. May/June should be the time frame and the STB "event" will come with the top.
Minis 4hr - Busy I know, but find the purple rising channel. Price is at the 50% diagonal of that channel which should be considerable resistance. 1892, so close to the round number. Do they get it there today? You know they want it. Cash should, as for the minis, I'm not so sure.
Minis 4hr - close up - The right shoulder launching pad. Wow, how many times over the last five years have we seen this action? Perfect bear setup just destroyed. Edge of doom pullback to fresh new ATHs.
SPX Daily - when it goes, it goes big time.That's a year long negative divergence in bullish percent by the way, and we're in out fifth CONSECUTIVE technical overthrow of what should have been topping conditions.
More to come below.
Have a good weekend.
GL and GB