Tuesday, September 30, 2014

Morning Charts 09/30/2014 SPX /es

The PIMpCO situation may be a bit more than a bump in the road. If rumors are correct and something akin to $200 billion is about to be run through the not so liquid markets we may see haircuts as the carnage intensifies. CDS and MBS triggers are very possible. We may actually experience a JPM moment. 

Can't you hear the conversations with advisors happening this week? 

A: Sorry Mr. Jefferson, when we sold your Total Return Fund we were only able to redeem 97%, so you get a 3% haircut just to get out. Uh, yes sir, there will be a 15% tax on that long term hold as well. 

Mr. J: What's that? You are pissed? 

A: Wait....sir. You want to redeem those funds in cash? OK, first you have to sign this government form telling us exactly what you intend on doing with this cash. 

Mr. J: So they are gonna put me on a terrorist list and treat me like a common criminal cause I want my cash? 

A: No sir, it's nothing like that. Nothing at all. 

Mr. J: I want my funds immediately? 

A: Well .... we will get them to you when available. Since they closed the gates there may be a waiting period you have to endure before we can release your funds. 

Mr. J: Closed the gates? WTF does that mean? 

A: You see the Fed may have anticipated runs on bond funds back in June and have kinda changed to rules on who actually controls your money

Mr. J: Controls MY money? Fuck off. This conversation is going down hill faster than you want it to Mr. A. I'm losing 3% just to liquidate and you are putting me on a terrorist list. 

A: Whoa. We're not putting you on a terrorist list. Yes, you did get a 3% haircut when we sold the funds but that is just what happens in mass selling like this. 

Mr J: So, is there any more bad news I need to know about? 

A: Well sir, with the gates closed there is a rather good chance you will get another haircut when we do a mass liquidation at the firm for all the good folks like you that want their money  back. 


A: It's a good thing he did not ask me about what's gonna happen when he tries and get his funds out of his bank. 

Quickly on the collapsing Obozo calamity which only continues to worsen (which will only continue to worsen). So this dipwad is figuring out that the race card does not play every time he needs it, and Holder, Pelosi, Reid and Co are no longer there defending his every failure. One truly is the loneliest number, even when you are "the most powerful man" on the planet. He can't run from "We told you so - over and over and over again" no matter how hard he wants to. Fury as Obama blames intelligence agencies for Isil surprise. Sounds like someone is calling "bullshit" on potus. This once was a serious no no, but it now may become fashionableNo worries, at least he's got flotus to come home to every night. That's comforting to know. Of course - WH Denies Obama Threw Intel Agencies Under The Bus When He Blamed Them For His Inaction On ISIS…

On to the lie - 

Weekly Indicator Chart - Don't ask how or why, just accept that it is till it isn't anymore. Mr J. above better be happy to be getting out while the getting is good. They are breaking all the rules now, and this can not last. 

Monthly SPX - This looks like an awesome time to be reallocating that potential $200bn in PTAX money. 

Another Monthly Look - I'm not about to move that target box. 

One of these is not like the other and is already technically in a bear market - RUT has reached prior support levels and the last two times it did this the ramp was one for the ages (at ATH levels). Can they pull it off one more time? 

More to come below. 

Have a good day. 

GL and GB!

Monday, September 29, 2014

Morning Charts 09/29/2014 SPX /es

Doing God's work, and to do that you have to be able to do whatever whenever. This is the GS way. When Hunsader the head of Nanex says I'm putting everything in $GS - because these guys can do whatever the hell they want, then that may be the final straw. 

The Carmen Segarra tapes should be the biggest deal ever to hit the financial industry in the US, but I have a sneaking suspicion that they will be buried with the rest of the TBTJ evidence along with the Frank-Dodd regulation initiative. 

At least one senator has balls big enough to call for an investigation into this matter (and she is a democrat). 
"When regulators care more about protecting big banks from accountability than they do about protecting the American people from risky and illegal behavior on Wall Street, it threatens our whole economy,"
Is it any wonder that that the inventor of the web is warning of a threat to freedom on the net? Not really, we've been discussing this here for years. Pick any country that has had unrest in recent years and the examples of control are rampant. China just blocked instagram

Ya think they are gonna want us to continue to be able to spread the truth and continue to scrutinize their every move? How many more whistle blowers will be allowed to release more damaging information before they have had enough? 

Remember it was just this year the FCC wanted to put monitors in news rooms around the country. Don't for get this either, it was just a year ago that congress legalized domestic propaganda in the US. Control is coming, and I suspect it will be thrust upon us after the false flag that's coming. 

On to the lie - 

SPX 60m - Precarious spot for bully. Backtesting busted wedge support and prior support without and real (not that they are necessary) positive divergences to back up this pop. 

SPX Daily - 1955, that 100dma and black support diagonal don't look like much of a correction here do they? Well, if this support should fail, then 1900 comes into play. With that potential failure some serious issues will arise, and I'd suspect some sort of panic will arise. 

More to come below. 

Have a good week. 

GL and GB!

Friday, September 26, 2014

Open Weekend Post 09/27-28/2014

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

If you see it share it. I'll do the same. 

I'll mess with the charts this weekend to see if I can find something amazing. I doubt that will happen in a Fed dominated and controlled market, but this is a process that must be endured. 

Markets are a a very precarious spot, not dangerous yet, just at a point where they will exert max frustration on all traders where the SPX is possibly 3/4 of the way thru a correction or about to turn Monday due to POMO. Who the heck knows? 

If you got time - 

Who Is REALLY Behind ISIS?

Have a good weekend. 

GL and GB!

Oh, and GO USA! (Ryder Cup)

Morning Charts 09/26/2014 SPX /es

Actual good news? Is it possible? Holder out? (see Drudge for all the headlines) Oh my goodness. What sort of can of worms will this open up? Obummer's enforcer-in-chief gone with two years left of lame duck status? AJ briefly hits on some of the Crimes of Eric Holder here

I started talking about the mutiny back in June that would come (and the dangers it could lead to). This is a move I did not expect, and now potus will have only his race card left to protect him. It will be a great day for the nation when Holder (actually both of them) is gone from his post. 

There was more good news last night - Seriously - not kidding (unless this is a propaganda rouse) - FBI blasts Apple, Google for locking police out of phones

More good news (impossible - no). This is more positive posts in one night than I've posted here all year. Try this one out - Concealed carry approved in DC? Impossible you say? NFW? DC? The home of Constitutional destruction? Wow, maybe Kaypatcha hit on something yesterday in the Pele report. Are the stars aligned? 

Mish has an awesome post blasting the War in Syria and with ISIS. My favorite satire/truth about our foreign policy today, Mish concludes - 

Please look on the bright side!

  1. US GDP goes up every time we drop a bomb and the bomb is replaced with more bombs.  
  2. The more innocent kids we kill, the more enemies we make. 
  3. The more enemies we make, the more bombs we drop. 
  4. The more bombs we drop the more US GDP goes up and the more money the CEOs of defense companies make.
Gotta love the military industrial complex! Lord knows there are not any secret societies controlling things from behind the scenes. 

On to the lie - 

So, what went down with the market yesterday? Here is the laundry list of possibilities from ZH. When you get all that with a market that was technically ready to tumble, not even the CME/PPT can support the initial onslaught. I've been telling you since June that the moves south in this overbought overly nervous market would be swift and dramatic. The was witnessed in the July tumble, and I'm a bit surprised that once through 1973 today there was not more acceleration to this tumble. 

SPX Daily - This is the cleanest chart I have. Really simple, if the 34 ema cracks the 100ma (1955) is most likely to get hit. Follow the blue channel up for your ultimate support near 1909. If they lose 1909 then as I have noted I believe the serious stop loss selling hits sub 1886. There is a possible large HnS setting up to mark some sort of top with the 1900 round level as the neckline. 

That's looking very deep, and it may be getting a bit ahead of things here. You never know though, cause when the herd heads for the exits, they all will try and leave at once. Then the liquidity issues strike hard. What a cluster fuck it is going to be. NANEX will be the only one that will be able to decipher what happens then. The overthrow of the neg divs at 1900 into consecutive holiday ramps may have been a bit much and provided ATH levels for some to start taking profits at. Hmmm, has someone been suggesting taking profits? I thought so. 

More to come below.

Thanks for another great week on the blog. 

Have a great weekend. 

GL and GB!

Thursday, September 25, 2014

Morning Charts 09/25/14 SPX /es

Let's just start with the lie today - 

The hilarity of the ramp yesterday dissected by TD - Today's 3-Step Manipulation To S&P 2,000It was fairly obvious the timing of the low. I posted the underthrow on the 10m chart within 1 point yesterday. The near term over and underthrows have led to almost every turn in the past two weeks. The only question was how high they would take it? These moves are virtually undecipherable. 

SPX 15m - You can see the very slight underthrow of the positive divergences at the pink dashed line. Support was found in the 5 point area I noted yesterday morning. They had to save it or a move to 1952 would have happened rather quickly. The potential HnS can be seen here with the RS forming yesterday. The RS can top anywhere from the round number resistance up to 2007. Of course, as noted, this formation is more bullish now than bearish, and I'd give it a 1 in 10 shot of actually working for the bears. Any move above 2003 should guarantee a higher high for the bulltards. The market is basically formless right now with no discernible patterns. This happens when things are not occurring naturally. 

SPX 30m - Little better view here of what I see. A formless fall off the backtest of resistance to backtest busted red resistance near 1985 support. The 30m 100ma 200ma may hinder things here at the 50% retracement moving north. It's a crapshoot to 2003 where the 61% STB bull/bear line resides. 

More to come below. 

Have a good day. 

GL and GB!

Wednesday, September 24, 2014

Morning Charts 09/24/2014 SPX /es

So, why are the futures up? Well, ssdd, bad=good and when things fail and the demand for more QE, wherever on the planet, is triggered the markets rejoice. Futures Higher As Lowest German IFO Since April 2013 Prompts More Demands For ECB QE. That's all it takes. QE has not been promised or delivered in this case. It has not even been discussed, but the market and media know that with bad news comes fiat and lots of it. The worse things get, the more global economies falter, the moar the markets rejoice cause the promise that the easy money will continue to flow. 

From WB, a good read  chocked full of credible information on ISIS - ISIS Is Run By Former Iraqi Generals … Many Are Members Of Saddam Hussein’s Secular Baath Party Who Converted To Radical Islam In American PrisonsI LOL every time they give us one of these. 

"Security experts – including both conservatives and liberals – agree that waging war in the Middle East weakens national security and increases terrorism. See thisthisthisthisthisthisthis and this."

On to the lie - 

I'm watching the dollar, JPY, PMs and bonds closely right now. Turbulence is expected. 

SPX Daily -Two holiday ramps. July's overthrow gave it all back, but the Labor day move has yet to meaningfully correct or retrace any of it's gains. The chart below shows a slight pullback off the top following some severe negative divergences and very narrow BBs to a support area that is packed with barriers. Lower BB, 50dma, two diagonals and the July top. 1976 is the floor of all that support. Below that is a hole to the critical 100dma support at 1952. No one needs to panic until that 100dma goes, cause it has been the ultimate support of the SPX for close to two years now. Call it the Fed's support bogey. 

SPX 30m - Anatomy of a top? You can see this support area around 1985 is critical, but from the chart above a move to 1976 is still acceptable, so if this support fails (while bad) it's not the end of the world (yet). This is a point they would like to protect. 

More to come below. 

Have a  good day. 

GL and GB!

Tuesday, September 23, 2014

Morning Charts 09/23/2014 SPX /es

Well, apparently we are going it alone against ISIS after France and Germany declined our invitation to bomb them. Iran would go with us, but a no thank you was in order for them. Apparently Obozo has alienated the globe now. No respect I tell ya, no respect. Obummer even wears the red tie and dark suit. Sadly, he's not a comedian. 

Sad when you are the potus and the most desperate democratic candidate in the most important election in decades would rather have flotus at their side than him. How low can you go? How low can you go? Maybe the Hawaiian (??) potus is in limbo mode and no one gets the joke?

All the geopolitical balls in the air, wow, so many, and if any of them hit the ground, BOOM! That's all separate from the global financial crisis. Pick your poison. Lots to choose from, all when the worlds most powerful man is basically in a fetal position whimpering in the corner after being abandoned by every support group he has other than the most alarmist and extreme of them all. 

I've been discussing the abandonment of Obozo for sometime now and how dangerous that makes him, our enemies and these times. If our government can't pull it together sooner than later, we're in really deep trouble. In  order to pull it together, Obummer will need to be eliminated from the equation. That ain't gonna happen. He's got a pen, a fascist dictum and whatever is left of his legacy to protect.

This country have never been more dysfunctional.


On to the lie- 

The RUT as we discussed late last week is either leading or is setting up for one hell of a short squeeze. "Positioning among "smart money" participants in the markets continues to show major divergences. While large speculators bought S&P 500 contracts at their strongest weekely pace in more than a year - shifting to a net long position - they also increased the net short Russell 2000 position to its 'most short' in five years." Go figure, the insanity is spiking IMO. They can't have it both ways, at least not for long. Who knows, is it Time to worry? Russell 2000 hits 'death cross'

SPX Daily - Well, the turn yesterday was on no technical surprise. It should have been expected after the overthrow spike Friday and the setup. The only question is, will they stop buying? Seriously nasty negative divergences and the ultra narrow BBs we've been watching set up since the overthrow on the 16th are primed for disaster. 

BPSPX - Whatever. Potentially the worst instance of falling slope yet. Maybe with the RUT in a death cross and the algos in full pump mode on the SPX they are defending all they can? The DOW pump started last week before all the rest.

More to come below. 

Have a good day. 

GL and GB!

Monday, September 22, 2014

Morning Charts 09/22/2014 SPX /es

Nothing hot coming into the week. Let's see what develops. For as many things that are on the grill, something is going to flame up sooner than later. In a fed supported news driven market, things should be rather normal till something breaks I'd suspect. 

I'd keep a close eye on the JPY. Something is really wrong there and the delayed reaction to it cold be more than painful. I suspect something is being suppressed. Like any problem that you ignore too long, things usually get worse. 

The USD explosion continues. This only males one wonder, how does overly supplied worthless fiat go up in value? 

Markets are technically a disaster zone, so, as usual, any slip and losses will be quick and dramatic. It's a long way down as well, so be prepared if this things should turn. 

On to the lie - 

SPX Daily - well, I thought this chart looked bad Friday. Guess what? It is even worse today. We just continue to drift deeper and deeper into the matrix. 1950 is the floor now for any correction. 

More to come below. 

Have a good week, 

GL and GB!

Friday, September 19, 2014

Open Weekend Post 09/20-21/2014

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

Have a good weekend. 

GL and GB!

Morning Charts 09/19/2014 SPX /es

Not much to say with the Scot vote in the air tonight. Looks like the NO's have it locked up early. I've said enough this week as it is, so I'll take a break today on the post and let things play out. 

On to the lie - SPX Daily - The upper end of mass insanity. Well, wherever we are in mass insanity. 

More to come below. 

Have a good weekend. 

GL and GB!

Thursday, September 18, 2014

Morning Charts 09/18/2014 SPX /es

Two huge questions will be answered today. First, will Scotland take the oil and run, or will they remain subjects of the Queen? Second, will the opening of the Shanghai Gold Exchange (SGE) eleven days ahead of schedule throw a monkey wrench in the machine? 

With markets sitting nervously at or near ATHs with the Fed blowing all the hot air they can into it's sails - could a slip occur that rocks the boat? It's no secret that this market is fabricated from little more than easy money (global QE), co-located HFT servers, Citadel, CME/CBs, buybacks and whatever other delightful tricks the fed has up its sleeve. Nothing is real anymore, that's a fact. 

Don't believe and hear what you see my friends. 47% of the Nasdaq is in a bear market right now. So, who's zooming who here? What would one slip, say a GB default cause they not longer have any oil to back their .. everything? We may see the crown jewels being pawned for goodness sake. What's next, Great Britain issuing a Yuan bond, LooooL, when pigs fly maybe. Wait ...

What's gonna happen with the price of gold with two exchanges - one they've manipulates since the 70's and a new one they have no control over? Do you have any clue what could happen globally if the price of gold were set loose to a free market pricing system? Lawd have mercy! Impossible! Wait ....

On to the lie - 

SPX Daily - One chart today should handle things. Starting with the first technical overthrow back at the beginning of 2013 near 1475, not long after my "we're entering a period of unprecedented manipulation" tweet, they've been on a rampage. A run to beat all runs, simply cause they can't even let the market correct. 

16 months of negative divergence for the MACD including seven sub negative divergences (really 27, but who's counting) following the overthrow of that pink diagonal which is the multi-year upper market resistance off the 667 low. 

No big deal,  a normal retracement here would be a move to the 38% retracement off the 667 low would take us to near 1500 and the 200wma. That's only ALL of the gains you see on this chart. 

Let's not get too dramatic, a simple 38% retracement of the move off 1475 takes price to 1800 and that lower blue support diagonal. Anything below that and then drama will be in order. 

Everything is just fine. If these move happen the MSM propagandists will be all over those spots as sensational technical buying opportunities, so you can load up again there with ..... well, whatever you can find.  

This could be one heck of a day. 

More to come below. 

Have a good day. 

GL and GB!

Wednesday, September 17, 2014

Morning Charts 09/17/2014 SPX /es

FOMC and Scotland and opex - what a brew! That's excluding the laundry list of other crud I gave you yesterday. 

I don't think I can add anything to the already brilliant links and discussion on these topics we've been having in the comments section. The scenarios and outcomes are all endless it appears and all quite intriguing, especially when you start tying in the conspiracy side. I'm sure we won't be seeing any conspiracy fact again, will we? 

Get ur popcorn and a comfy seat. Today and tomorrow have the potential for fireworks that have never been seen before. Fed language is hugely important. If the yes vote wins, this could be the external/exogenous financial STB "event" game changer that brings about the end game scenario. 

Now, remember, the markets rallied after the LEH incident. A review of the top in '07 may be in order. We all know with the DOW hitting ATHs today, any weakness will be presented as a significant buying opportunity (for the last great bull trap). The bought and paid for MSM will be in full propaganda mode I'm sure if things go south. 

No tops are the same, and I'm a proponent that we're in the bull trap now, and that once the gates open this time - everyone heads for the door. We'll have to see. Might be time to look into those market "control" features they have been installing again. 

On to the lie - 

SPX Weekly - Bout do or die for this call that's been out there over a year now. I'll have to look back and see if I can find whn I forst posted this chart with the red end line. I have a few weeks left if needed. I have a alternate plan as well that has the monthly chart topping in April. I'll take a 6 month window in necessary fro as far out as those calls were made. Today would be really good though. I can call a top within 11 points of SPX high and a day after DOW ATH. That would work for me. 

More to come below. 

Have a good day. 

GL and GB!

Tuesday, September 16, 2014

Morning Charts 09*16*2014 SPX /es

Other than the fact ISIS is selling oil to EU countries, the really bad news that came yesterday was that UK Hints At Next Reserve Currency, To Issue Chinese Yuan-Denominated Bond

So that's a good/good for US policy if bad=good, right? 

I'm not wimping out again on the post this morning, I just prefer to wait to go overboard on any analysis with the FOMC and Scotland vote both on deck this week. All of us here at STB got a pretty good grip on what's going down globally. No refresher courses are necessary here on the dollar dilemma, debt, wars, sanctions, bonds, markets, CME/PPT, corruption, fraud, algos, HFT, TBTF/TBTJ, bail-ins, hyper rehypothecation, fiat, fractal lending, ebola, nanny state, NSA/DHS/CIA/FBI/FEMA, and the rest. 

On to the lie - 

Weekly SPX  - I've been saying sub 1886 is where the serious sell stops are for some time now. I'd say sub 1870 (a point that several experts have pointed towards lately) could make it game over. Oh, and sub 1870 there is no support to 1650. That may make for a terrifying free fall if it were to occur. And that doji last week? 

More to come below. 

Have a good day. 

GL amd GB!

Monday, September 15, 2014

Morning Charts 09/15/2014 SPX /es

Scotland, ebola, ISIS, immigration, coming election, and much much more all on top of a deteriorating economy, debt, corruption and even, even more. FUBAR is a word that comes to mind. Ahead of the FOMC this week, I'd say nothing but confusion shall reign. The world could literally turn on a dime this week. 

I'm gonna let all this stuff sort its self out before I throw out a post. Right now is a sit and watch time IMO. Let's see what they make happen. Very nervous times here. 

On to the lie - 

SPX Daily - Delayed reaction? From where this chart was positioned (neg divs- lost support) at the top last week to where price is now, something ain't right. Well, we all know the CME/PPT combo is fighting hard. Basically it is what it is, and hopefully thechnicals can start asserting themselves on price. Not sure if that is possible, but the setup is now overdue. 

More to come below. 

Have a good week. 

GL and GB!

Friday, September 12, 2014

Open Weekend Post 09/13-14/2014

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

If you see it post it. I will as well. 

I'll update some of the chartbook this weekend and post anything interesting that I find. 

I HIGHLY suggest you watch the following video - especially listen to the last minute when the linked vid goes thru all the reasons for past wars and count the false flags that you know. 

The Geopolitics of World War III

Have a good weekend. 

GL and GB!

Morning Charts 09/12/2014 SPX /es

I'm gonna take the serious commentary off today. There is so much crap going on right now, I think it may be best to give it thru the weekend to settle a bit (if that's possible) and then revisit Monday morning. 

On to the lie - 

Only one chart today - Let the farce roll on. but this is one chart has spoken volumes in the past. STB readers know this one well by now, Bullish Percent diverging from SPX. Pretty simple. It's way overdue. 

More to come below. 

Have a good weekend. 

GL and GB!

Thursday, September 11, 2014

Morning Charts 09/11/14 SPX /es

9/11 -  I struggle with how far or deep I should take this post every year. It is a sensitive subject, but the movement for 9/11 truth must stay alive. If it were an inside job, then this must be exposed. 

Don't forget that this event was the main force in the continuing destruction of our constitutional rights. The Patriot Act begot many things from the TSA to the NDAA to the DHS, all which with the help of the expansion of the NSA are deeper in your pants than you care to know. . 

9/11 led to the invasion of Iraq and Afghanistan. Our bogeyman has now evolved from the mujaheddin to al qaeda to the FSA and now to ISIS. Change the name - that's all - its an old trick. 

To keep things simple I'll ask you to watch this video today or over the weekend - If you want to argue with scientific fact, be my guest. It is kind of hard to do. This is the real inconvenient truth. 

From Architects and Engineers for 9/11 Truth - 9/11: Explosive Evidence - Experts Speak Out

Another lesser known reason to continue to fight for truth is that the health issues of the first responders is not being addressed. 2,500 of them have cancer. They were all told it was safe to go in or clean up. They are getting little assistance. 

Bottom line is the truth was never told. No real investigation was ever performed. The 9/11 Comission Report was a joke

It is not hard to connect the dots. We do it here every day. Real factual evidence is presented and linked of the destruction of America, the global financial system, the rise of the police/nanny state, the control of the MSM and it all was really kicked into gear by 9/11. Fortunately some here that were on the fence have been converted, and many more that were not willing to even approach the fence are now beginning to look over it to the other side. It is a tough line to cross, but if you are willing to look at the evidence with an open mind, things begin to come clear. The Matrix is real. 

The next 9/11 is coming. It is not a matter of if but when, and when is coming sooner than we all would like. I've discussed the STB 'event' since 2009. It started simply as one that would end the Fed's rule over the markets. Since '09 however, the magnitude of my original call has exponentially grown. We're no longer looking at just a market collapse, but the collapse of the country and our freedoms. They don't want to simply be the global power, they want to control everything. It is an inside job. 

On to the lie- 

No discussion of the lie in the post today. I'll post charts and such below. I will say that the charts are more than ready for my "event". My weekly chart has only weeks left and my monthly chart targets by next April. 

More to come below. 

Have a good day. 

GL and GB!

Wednesday, September 10, 2014

Morning Charts 09/10/14 SPX /es

I'll address a few things briefly this morning. 

9/11 - not sure how deep I will go on this subject tomorrow or Wednesday. Most here know that I'm pretty much a truther. I like to cite the Building 7 collapse, the lack of evidence in Shanksville and the Pentagon as my primary points of contention that this was an inside job. I also like to refer non-believers to Architects and Engineers for 9/11 Truth. Something tells me that when over 2,250 of these folks agree on something, then there must be something to it. Recently I made observations comparing the Malaysia Air MH 17 crash site to Shankville.You tell me, if you had to testify to which place a plane crashed and did not, which would you choose? 


The hilarity of it all is summed up brilliantly in this must watch classic narrative by James Corbett here - 

Scotland - it's coming and is apparently real. 

And on out own freedom front - What did Sidney Bernstein call his wife in the movie Beverly Hills Cop when he picked up the phone and yelled into it? Shuh .... Nancy Pelosi Backs Controversial Internet Powers to Save Net Neutrality. You do know about and understand Net Neutrality right? If not see the 'End of the Internet' section  in this post. Bottom line is if Pelosi backs it, it ain't good for any of us. 

I also suggest you look into Sen. Cruz Questions IRS About Decision To Audit Breitbart News. Following the 'lost email' saga and the persecution of the tea party, now this? Seems like 'they' are going on a timely rampage to shut us up (again) doesn't it? The fact that this happens again and again is bad enough. Their increasing persistence is most bothersome. The fact that they want to destruct the Constitution and free speech is horrifying. 

And it would not be right, given all the biblical issues happening these days,  if I did not include this - iPhone 6 ‘Apple Pay’ Fingerprint System Stokes “Mark of the Beast” Fears.

Geez - has it all really come this far? Biblical? Uh, yes, yes it has. 

On to the lie - 

Let's rock thru a few SPX charts and do a quick review of what I've been showing for over a week now leading to a honest to goodness technical turn. 

SPX 30m - Showed this yesterday in the comments section - Anatomy of a rollover - basically a technical blow by blow of what I've been saying. Black to pink to red falling off the backtest of blue. Rare these days that such a clean (for the most part with the mini overthrow and CME PPT delays) technical move happens. 

SPX 60m - Will that blue rising wedge busted resistance become support? We should find out this morning. Just so set up for the post holiday (just like in July) #Fail. Overthrows are not supposed to happen. When they do bad things happen eventually. Note there is a chance they may be setting up a pretty large HnS here with this being the head and 1905ish the neckline. 

SPX Daily - You've seen my weekly and monthly charts recently. I've shown this one quite a bit as well. The July swoon I pretty much nailed the 1904ish target, and I suggest any severe turn here you should look to the 100ma near 1940 or the black dashed support diagonal near 1915 as CRITICAL support. This is basically the same diagonal I've used with great success for over a year now to time the bottom of every dip. Sub 1900 and the STB Red Diagonal of Death (yes, I still got it and the minis charts) is going to be busted. Sub 1900 close to the 1886 area is where I suspect the real sell stop orders lie. Hard hats required if the round number goes down. 

More to come below. 

Have a good day. 

GL and GB!

Tuesday, September 9, 2014

Morning Charts 09/09/2014 SPX /es

John turned us on to the SIPC fraud/ponzi story yesterday morning in the comment section. He said this would, "set your mind at ease." About the only thing that set at ease for me was further cementing my belief their end game scenario is set with this and the "gates" being closed. 

This post on Forbes is a mind bender - Will SIPC's Brokerage Insurance Scam Help Allen Stanford Walk? It is an absolute must read for everyone. 

"SIPC is placing all brokerage account holders at enormous additional risk by standing ready to sue them if they earn a return on their investments and spend the proceeds. In fact, thanks to precedents SIPC established in the Madoff case, SIPC can declare the loss of your securities to be the result of a Ponzi scheme and sue you for up to every dollar you withdrew in the up to six years prior to the fraud’s discovery!"

SIPC has a clawback provision? SIPC's job, "restoring customer cash and securities left in the hands of bankrupt or otherwise financially troubled brokerage firms." You can read about all their "impressive results"from LEH to Madoff to O-MFG here at their site. Irony? On the front page of their site is a link to a post on how to protect yourself against fraud. HA! How about how to protect yourself from a program designed to protect the TBTF before the customer? This is just another nail in the endgame preparation coffin to me. 

So, does this fit well with STB's get all the way out thought process? Uh, yeah. Maybe you should read Close Your Brokerage Account! by Kotlikoff which has a blow by blow account of how SIPC is not your friend. You can also read SIPC's rebuttal here. Hmmm, who do I believe? 

The other bombshell dropped yesterday was These Kinds Of Market-Rigging "Practices" Will No Longer Be Allowed On The CMEFor all of the uninitiated nonbelievers in market rigging (that I have harped on for the past several years) feast on this! 

"first it was revealed a week ago that in order to "stimulate" the market, the CME is willing to pay central banks a liquidity rebate in order for the world's monetary authorities to "make markets" in the most important S&P 500 future, the E-Mini, confirming not only that central banks directly trade the S&P 500, but are incentivized to nudge it along the preferred central bank direction: up."
"nudge"? LMAO, more like "shove" markets to desired levels. So we now have taper ON and the CME OFF? This can't be good. So SIPC gets clawbacks and the Gates get closed? You start putting the pieces of the puzzle together. 

On to the lie - 

SPX Daily - Despite the action this week (hint - central bank trading the e-minis to VWAP perfection in an all too familiar PPT type fashion - without the first P) this chart ain't looking any better for bully. Price is clinging to once busted but reclaimed green support while the negative divergences continue to build. 

I can't say much more. Insanity is epidemic. 

More to come below. 

Have a good day. 

GL and GB!

Monday, September 8, 2014

Morning Charts 09/08/2014 SPX /es

A bit stale, but worth reading again - Here’s Why the Market Could Crash–Not in Two Years, But Now. It's a good post making some good points. I disagree to the extent that I'm married to my "event" call (from 2009 tyvm) as being the only thing that will rip control from the powers that be. Exhaustion or historical factors no longer have any relevance. 

This market will crash from bad news and bad news only is MHO. It's gonna take an external/exogenous "event" to get this totally controlled and manipulated fiasco to die it's horrific death. Conditions only continue to ripen (rapidly) for this to go down as well. With the lamest duck potus ever leading the charge, your confidence level in the US responding "appropriately" to any event is at best a joke. Remember that island he's on keeps drifting farther and farther from civilization. 

I think the "event" will be financially related, but it does not have to be. Nuclear, environmental, false flag, war, there are a gazillion options that could send this overly nervous and extremely overbought market over the edge. Don't forget, you and everyone else in play is waiting for that moment so they can exit stage right. LOL, good luck, remember those "gates"? 

Time, no one can tell when or where, but it is for certain that global tensions continue to rise and appear will not be fading anytime soon. We're headed to the end and it is only a matter of 'when' now. 

On to the lie - 

Weekly SPX - Que Jaws theme music - 

More to come below. 

Have a good week. 

GL and GB!

Friday, September 5, 2014

Open Weekend Post 09/06-07/2014

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

If you see it, post it. I will as well. 

Nother great week on the blog. Very busy with much insightful info. TYVM. 

Y'all have a great weekend. 

GL and GB!

Morning Charts 09/05/2014 SPX /es

If I went into virtually any topic right now I may just spew so much negativity that it would crash the whole net. In lieu, I'm just gonna keep my mouth shut for once. Well, at least till Monday (or till I hit the comments section below). What a crock EVERYTHING is right now.

On to the lie -

Daily SPX - The indicators literally shit the bed late yesterday. I'm certain this is some sort of new fangled bullish action that the algos will celebrate in the morning with yet another gap up open - that of course will immediately fade. Note the dollar explosion (gray dashed) in this chart. Phenomenal - if anyone in the peanut gallery cares to explain this sudden phenomenon - feel free below.

SPX 60m - Look at the ramp to the 4th then up, down churn - they tried to do it again - like the exact same playbook. Another overthrow (more than one actually) backtesting busted support (black) after breaking near term support (pink) with massive negative divergences all over exceeding the double top. I've been talking about this all week, but every morning some bullshit news bite that is retracted minutes later pops out and markets pop up as algo go wild. Never mind the retraction, it's the first news that counts, real or not.

Right now the technicals are pointing to something big coming as early as today if not this weekend. It's coming. We got the Labor day ramp, and now the BS follow thru this week - that we all know is a load of crap (but that does not matter in this game). The dollar is exploding for whatever reason. Bonds, gold, oil, the VIX - the story is building in the dark as the powers that be put on possibly their final full court press. 

Remember that old nursery rhyme - things that go bump in the night? Shuh, the bogeyman in this case is real, and when he finally comes out from under the bed it's gonna scare the shit out of all of us. 


More to come below. 

Have a good weekend. 

GL and GB!

Thursday, September 4, 2014

Morning Charts 09/04/2014 SPX /es

So, they are finally getting around to telling us what we (at STB at least) already know? Icahn, Soros, Druckenmiller, And Now Zell: The Billionaires Are All Quietly Preparing For The Plunge. This post is quite the read. 

It bothers me a bit that the 'experts' are getting in on the coming debacle/crash/implosion meme. Aren't they supposed to keep the sheeple in the dark till they get out, or are they out already? If they are out already and positioned, then the world of hurt may be coming sooner than later. You know these folks have all the inside scoop. They don't work with information that is stale or current, they work knowing the future. 

Following up on my LOL dollar strength, watch oil and gold from yesterday - just see this "God of Crude Oil Trading" Goes All In On Crude At $150 Bet. This nicely follows (confirming) the above post. Bottom line, destabilization across the globe is not going to improve and only get worse, there is only one way for gold and oil to go when the SHTF (and it will). Don't forget the VIX while you are at it. I think she's about to make a comeback to being relative. 

And to sprinkle a bit more gas on the fire - Market bears now scarcer than any time since 1987

On to the lie - 

SPX Monthly - Negative divergences are starting to form on top of negative divergences as we come close to nailing the perfect cycle top. 

SPX Weekly - Neg divs worsening and my indicator support lines are getting abused. According to the indicator support lines, this run should have ended probably twice by now, which I think is accurate. Bottom line is we're very close to the technical limit this market can achieve. 

"Event", it's just a matter of time now. Hang in there and be ready. We've been waiting patiently for years for this moment. It will come. The scary part, we may not like what happens after things start to let go. 

I have a meeting this morning that will keep me out till 10:30 or so, so I'll see you then. Oh, and I have to leave early to travel for LS football game. 

More to come below. 

Have a good day. 

GL and GB!