Friday, December 5, 2014

Morning Charts 12/05/2014 SPX /es

To put the cherry on top of the overly nauseating actions of the US government (term used lightly) this year, Congress fast-tracks bills loaded with special interest projects in year-end rush.

Garner/police protests growing for good reason. It took a while to find the right catalyst to get whites and blacks in the streets together, but they are there and in large numbers. Shoot/choke first actions that lead to unnecessary deaths should not be tolerated and can not set precedent. Hopefully this movement can grow and expand its focus to TBTJ and the crimes of the elite. 

It's really not worth discussing anything financial anymore. Pick the day, identify numerous stories/lies set to guide the market in whatever (up) direction they want, all at perfectly timed at specific periods of need, it's a joke.  

On to the lie -

SPX Daily - Do negative divergences mean anything anymore? Does most overbought at anytime in history have any bearing/meaning? Does anything technical or fundamental have any bearing on the markets? No, no and no would be the appropriate answers to all the above. The STB "event" is the only thing that's going to stop them. 

More to come below.

Have a good weekend.

GL and GB!

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