Morning Charts 03/09/2015 SPX /es

All is well, the AAPL watch is coming to save the world. Just buy they hype, we'll sweat the details later. All is well. What could go wrong? Well, I highly suggest that you read The Nasdaq Has Become The Biggest Circle-Jerk In History. This is the ultimate - do as they do - not as they say.

"technology companies have been buying back a record amount of their own shares. And who is selling: why the management teams and directors that make the decision whether to allow the company to buyback stock in the open market."

Greece is back in the news, they apparently have about three weeks of money left. Perfect timing. With the markets suffering, just what the DR. ordered, three weeks of bad news so the market can react positively to it. 

ECB QE begins. OK, so, what they got? Bring it. So far not so good as the markets are not reacting to stimulus. I guess free fiat ain't what it used to be.

"Because as everyone knows, the one main problem facing Europe today is not trillions on non-performing loans, rampant unemployment, deflation, the surge of anti-austerity political parties coupled with rising xenophobia, and broad socio-economic instability, but bond yields which are not negative enough"

So we got negative interest rates (that's negative, like with a - sign) with record insider selling in a terrible global economy (that's the very short list of bad things). All that's OK cause the MSM will only hype the glory of the AAPL watch and how much money will be going into buying bonds and stock buybacks. Folks, you got two choices - either live in their matrix or face reality. 

for those that missed this - Insider Alan Greenspan Warns of Explosive Inflation: “Tinderbox Looking For a Spark”- According to Greenspan, something big is coming.

"This is a well known fact within Fed circles and those on the inside are positioning themselves with hard assets for what will ultimately end in a collapse of the U.S. dollar and the American way of life"

Onto the lie -

SPX 60m - The only positive divergence on this chart is all the way down at the bottom in the ADX. It is oversold. Price did hit my 2070 target. There is no support below here toll about 2035. Below that there is no support. The red rising wedge is playing out.

SPX 30m - Here is the head and shoulders I was discussig last week. Very oversold, few positive divergences and at the best support they could find. 

SPX Weekly - Just a reminder of how overbought this thing is with the true underlying fundamental breakdown in support this market is facing and ignoring. All those red lines slanting down are really bad news.

Freedom watch

Because if he's not our next president, we have NO chance.

Because "they" can rewrite the history books and control education  - nothing fascist going on here, nothing at all. 



More to come below.

Have a good week.

GL and GB!