Wednesday, August 20, 2014

Morning Charts 08/20/2014 SPX /es

Long day for STB yesterday. Sorry, not much of a post again this morning, but things should be back to normal tomorrow morning. I should have my chartbook back up and running (according to SC) today. I should also be buying and installing a new PC at the office today.

Really not much of a need for any sort of technical post except to maybe put an over/under number on how long it takes them to get to higher highs. Technically at that point things will get interesting again. Do they go for a 6th overthrow? Do we get a real double top? Volatility occurs surrounding tops as well as irrational behavior. We're getting both now, but that's nothing new is it?

More to come below.

Have a good day.

GL and GB!

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