Friday, May 29, 2015

Open Weekend Post 05/30-31/2015

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

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

Interesting spot to close after and interesting week. I prefer weakness here. All depends on news and Greece really. TA sez it's ready to tumble.

Have a good weekend.

GL and GB!

Morning Charts 05/29/2015 SPX /es

The two G's this morning - Greece and GDP. At what point does bad not equal good? 


On to the lie -

SPX Daily - Not much has changed from last Friday. Fed is hanging on trying their hardest to overthrow the negative divergences and force this market higher. We all know the numerous obstacles they face. 


Freedom watch -

Not on Fridays - shit is bad enough as it is, let's enjoy the weekend. 



More to come below.

Have a good day.

GL and GB!

Thursday, May 28, 2015

Morning Charts 05/28/2015 SPX /es

Well, I guess the Fed was not ready to let the markets sink anymore than they already had? Maybe they sank too much Tuesday? Even knowing the situation we are in, how manipulated and controlled things are and have been, it still makes my stomach churn. To be reminded in such a manner that we're living in the Matrix, a lie, a corporate controlled hallucination, it just chafes me to no end. 


On to the lie - 

SPX 60m - For what it's worth. 



Freedom watch - 

You need to read this one. It is imperative that you understand that you are being constantly recorded and not for the better - Even If Patriot Act Expires, Government Will Keep Spying On All Americans




More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 27, 2015

Morning Charts 05/27/2015 SPX /es

Well, so much for that post. Blogger just blew up and kicked me out of the edit and web page for about 10m and ate my post. Guess my content was not approved by the powers that be. 


On to the lie - 

SPX Daily - The fall yesterday was actually expected (post holiday) and deserved (massive neg divs everywhere). You have to continue to look south. At least TA says a lot more south. Of course in this casino we're playing against a rigged deck. This chart is nasty. It's screaming for at least a 5% move if not more down. What does the Fed want? I guess we will have to wait and find out. Since news is about the only thing that moves the markets anymore, you must position and then react to that position (right or wrong). Sadly that is all about is left to do these days. So, I'd try and stay one step ahead, follow Greece and Fed speak closely. 



Freedom watch - 

Jade Helm, Agenda 21 and Sustainable Development. They are real. 


More to come below. 

Have a good day. 

GL and GB!

Monday, May 25, 2015

Morning Charts 05/26/2015 SPX /es

Post holiday blues or more market manipulation? Back in 2012 I thought I made a brilliant call when I recognized and called the entering of the period of "unprecedented manipulation". This was of course after knowing that QE ruled the world, but not quite to the extent it did. They hit the turbo boost button and here we are today. What's next? Well we may be (or have) entering the next phase (double top secret) of the manipulation game. 

I'm not sure how much more blatant things can be (ZH points it out almost daily as does Nanex). We see it in the charts. We see it everywhere. How bout that Double Seasonally Adjustment? LOL! Get used to it folks. I'm not sure you can even call it a manipulation game any more. That would mean that there is still some sort of hope that the market could normalize or become real again. Nope, not gonna happen. The sooner we all buy in and get over the hump that we've lost all control of the government and thus everything else the better. 

That's a really tough pill to swallow, but it is what it is, the truth. I suggest you read There Is No Longer A Market: Citigroup Confirms What Zero Hedge Has Said Since 2009.

"We fear they will find that mangling, once started, is hard to stop. Particularly when they remain at least partly in denial as to the extent of it."


On to the lie -

I did short just a tiny bit last Friday. Still unsure (obviously) about team manipulation and their plans. I have a feeling we're back to discussing the STB "event" on a daily basis now. That's about all that's going to matter or stop them at this point. Note - I also expect their fear mongering to intensify greatly, so sorting out the truth from the smoke screen will be difficult. 

SPX Daily



Freedom watch -

Did anyone else get a Chrome behaving strangely? message from Google this morning? Offering a software removal tool to run to fix the problem? Talk about weird. Uh, hello. Google, uh, what's up with that? Were you hacked? Did someone make it inside you? This is the first time I've been on this computer (travel) in a few months and the message may be old, but I find it rather odd. 


More to come below.

Have a good week.

GL and GB!

Sunday, May 24, 2015

Memorial Day post

Thanks again to all that served and still serve. Individual and family sacrifice is more than appreciated. As mentioned times are changing and service today is not what it was. To those that protected us from real threats, thank you. To those that serve the modern day corporatocracy, you need to think twice about your mission and commitment to the U.S. Constitution.

GL and GB to all.

Friday, May 22, 2015

Open Weekend Post 05/23-25/2015

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

First order of business, have fun this holiday weekend. Make sure you spread the government and Fed propaganda to all your friends and neighbors of how fucking rich you are and how super inflated your portfolios are. Tell 'em how you've got fiat coming out of every orifice you have so much. Make sure you tell 'em on how you are planning on leveraging up on your 4th mortgage and betting it all in the market with margin on leveraged assets! Don't remind them to sell their silver, gold and guns - those are worthless.

Second order of business would be to keep your mouth shut about data manipulation, yet recognize a total farce when you see one. You better check out US Department Of Commerce Officially Jumps The Shark, Will "Double Seasonally Adjust" GDP Data. See the definition of "full retard" in the dictionary for more clarification.


Third order of business should be to start packing your bags and secretly start planning on which country you want to live in other than this rapidly decaying democratic nightmare.

Other than that, maybe we get the post holiday crash, maybe not.

Many thanks to those who serve/served this country and to the families that have lost loved ones defending the globe/nation. I hope it turns out in the end that it was worth the sacrifice. I'm sure it will, but right now things don't look so hot.

Have a great holiday weekend. 

GL and GB!
 

Thursday, May 21, 2015

Morning Charts

I have 8th grade graduation this morning. I'll be in around 10:00. Since we're waiting on Grandma prolly don't need a post anyway. I'll post some charts and thoughts when I get in below.


More to come below.

Have a great holiday weekend.

Gal and GB!

Morning Charts 05/21/2015 SPX /es

Just waiting on Grandma. I do believe it is time (long overdue) that we finally get some concrete direction from the Fed. After almost a year of driving in a fog, we may just finally get some actual "planning" from the Fed.

And in case you have trouble grasping this manipulation I discuss almost every day - here is a post that takes you through the realm of falsehood - Big Banks Busted Massively Manipulating Foreign Exchange … And Every Other Market


On to the lie - 

Patience Grasshopper, we're almost there. 

SPX 30m - Stretching a bit from the black DoD. Does not like to stay above this diagonal very long. Neg divs everywhere. A move back to the 20-17 area would be expected here. Possible small gray triangle. Larger blue channel is the main pattern driving price I believe.



Freedom watch - 

More on TPP - this shit is bad - really bad. Like futuristic, beyond Orwell in steroids bad. Like a bad Robo Cop, Total Recall, Running Man, Demolition Man meet the Hunger Games in The Matrix. This is really screwed up. Obummer is about to become emperor of the world when he enacts this. Police state takes over. Laws and Constitution are ditched, and whatever the corporations decide is what will be. Welcome to your future.

250+ Tech Companies and Digital Rights Groups: TPP Could Criminalize Journalism and Whistleblowing

"TPP’s trade secrets provisions could make it a crime for people to reveal corporate wrongdoing “through a computer system.” The language is dangerously vague, and enables signatory countries to enact rules that would ban reporting on timely, critical issues affecting the public."

More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 20, 2015

Morning Charts 05/20/2015 SPX /es

Fed speak week and the holiday - nothing much else needs to be said here today. 

Other than watch Greece.


On to the lie -


SPX 60m - If they hit that IHnS target they better do it before the weekend. If not, then I'll start looking at this as a backtest of busted wedge support and start targeting the 1983 area. OBTW, that's a 5 month neg div on MACD.




SPX Daily - This chart confirms the potential IHnS target which would backtest the busted DoD (Black Diagonal of Death). It paints a slightly better support picture on the way down to 1983 marking 2076, 62 and 35 as three very key support points. Price is attempting another overthrow (black vertical) of the neg diving indicators which states how this market pays no attention to technicals anymore.Look at the double (worsening) negative divergences going back to November! Some actually go back a year. Wow!




Freedom watch -

I think the headline says it all. JUDICIAL WATCH: DEFENSE, STATE DEPARTMENT DOCUMENTS REVEAL OBAMA ADMINISTRATION KNEW THAT AL QAEDA TERRORISTS HAD PLANNED BENGHAZI ATTACK 10 DAYS IN ADVANCE.  I really don't think any additional commentary is necessary from me, what difference would it make?

And #cutthecheck


More to come below. 

Have a good day. 

GL and GB!

Tuesday, May 19, 2015

Morning Charts 05/19/2015 SPX /es

Pretty simple story this morning - Walmart misses and the markets are down .... wait, that's not right .... markets are up .... OK .... phew .... I thought there might be a glitch in the new normal. This is not your father's market or any market you've ever known. Bad=Good and the promise of moar QE is all that matters. 

Did someone say moar? The laundry list of Fed/fin/econ speak this week is astounding. Nice to know that on day two they have not disappointed. Stocks, Bonds Spike After ECB Pledge To Accelerate QE Ahead Of "Slow Season".  So this is why the markets are shunning the WMT news. 

One warning this morning that fits with my long held conviction that it's all about liquidity comes from Elmer Fudd - El-Erian: Markets underestimating liquidity risk

Don't take your eye off Greece.


On to the lie - 

SPX Daily - anything above here and this chart works into an overthrow situation (see dashed black vertical lines). Price working on rather large negative divergences backtesting double strong resistance should be a huge red flag area, but in the new normal a little Fed or QE speak can mitigate the worst situations presented. Oh, don't forget we have a holiday coming up.


Freedom watch - 

I'm stuck on TPP, sorry, but it's very important that you know this - read these quotes below very carefully and absorb them - Here’s How Your Senators Voted, in the Key Senate Vote to End American Democracy


"The key vote, in the U.S. Senate, to transfer to international corporate panels America’s democratic national sovereignty over the laws and regulations on the environment, workers’ rights, consumers’ rights, and finance, was officially titled with the misleadingly unrelated phrase “Ensuring Tax Exempt Organizations the Right to Appeal Act,” and it passed the U.S. Senate as “H.R. 1314,” by 65 to 33 votes, at 1:55 in the afternoon of Thursday 14 May 2015."

And

"A “Nay” vote meant that the Senator opposed this transfer of democratic national sovereignty, away from elected representatives of the public, to international corporate panels, whose members will be appointed solely by executives chosen by the controlling stockholders in large international corporations. A “Yea” vote meant that the Senator favored this transfer of democratic national sovereignty over to international corporate panels."

"International Corporate Panels" will be the new judge and jury. Your best interests and freedoms just took a back seat to the corporatocracy. 

More to come below. 

Have a good day. 


GL and GB!

Monday, May 18, 2015

Morning Charts 05/18/2015 SPX /es

To those looking for a fall this week - fhugeddaboutit - Memorial Day just around the corner should mean nothing but a plastering to or near ATH's. What would a holiday be without a holiday ramp or at least tampering with ATH's? Now that would not be American Keynesian. Now, as for the week post Memorial day, all bets are off. 

Well, that's usually the case. When you get into the daily chart below, it's not exactly clear how the Fed will be able to make a push higher given current technical conditions. Of course we've seen the most dreadful 4 or 6 consecutive negative divergences raped by the fed before. To see another offensive act by Team Manipulation would not be a surprise. 

When you are at home enjoying the first week of summer do you think they want everyone discussing the recent market collapse? Hell no. They want your retirement and investment accounts fatter than the fatted calf. It's after one of these holiday highs they are gonna pull the plug I suspect. This or the 4th would be the best times to do such. What it depends on is how and when Greece works out, what they want timing wise and when they plan of unleashing QE4. I still contend that this fall has potential to be the time of THE top. 

Pay close attention to Greece - Shape Of Greek Endgame Emerges: IMF Discussed "Cyprus-Like" Plan After Tsipras Warned Of Looming Default.


This week will be VERY news heavy with Evans speaking today going all the way to Friday when Yellen speaks. If I were you I'd hold my cards tight to the chest and react to their news and try hard not to play ahead of it.


On to the lie - 

SPX 30m - I'm still looking at that IHnS (the HnS is fading but still in play till a higher high). Their problem is price does not like to stay above that black diagonal very long. 



Freedom watch - 

Catching the "government" in a lie is not good, especially one as big as this. You must read Lapdogs, redux: How the press tried to discredit Seymour Hersh’s bombshell reporting on CIA domestic spying.
  Another thing I've discussed for years here on STB is the coming cashless society - the ultimate government control point. They want to be able to tax and track every purchase (oh, and don't forget they also want to be able to control the distribution of money - that would mean your money to everyone else). Please see Leading German Keynesian Economist Calls For Cash Ban

"the world could always ban cash because if you eliminate physical currency and force people to use a debit card linked to a government controlled bank account for all transactions, you can effectively centrally plan everything."

More to come below. 

Have a good week. 

GL and GB!

Friday, May 15, 2015

Open Weekend Post 05/16-17/2015

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

If you see it, share it. I will as well. I'll look into the chartbook to see if there is anything worth noting. 

Y'all have a good weekend. 

GL and GB!


Morning Charts 05/15/2015 SPX /es


"... not only is the probability of a June rate hike negligible, but the last time US macro data was this bad, the Fed launched QE2 (and Operation Twist... and QE3)."

This post from ZH and this one as well continue to prove that the data manipulation from the BLS and the Fed's positioning of bad=good data is relentless. None of this makes any sense, I know. Our Keynesian masters are in total control. The Matrix is real. Just see Futures Make Further Record Gains On Bad Economic Data, Lack Of Volume, News And Bund Selling.

Keep an eye on Greece, and don't be fooled by their tactics to distract you from reality. 






On to the lie - 

I remain very uneasy and somewhat paranoid about these times. As my long term readers know I have a pretty remarkable ability to remain calm and not over react to most any situation. This time I'm actually fighting with myself to remain calm which is unusual. the markets are a massive distraction, the veil, to reality. Focusing here now is the wrong place to be. My next question, are they about to blow this thing sky high? So much for the HnS I was looking at. We all know about RS ramps and how HnS are now bullish formations - let's try an inverse HnS - 

SPX 30m
 



SPX 60m
 



Freedom watch - 
 

Another ZH post this AM - George Orwell's Final Warning



More to come below. 

Have a good weekend. 

GL and GB!

Thursday, May 14, 2015

Morning Charts 05/14/2015 SPX /es

You should read “Free Trade” Run Amok: Canada Challenges U.S. Laws Reining In Banks it has an interesting angle on TPP - 


TPP is NAFTA on steroids. If it passes, any ability of the U.S. to rein in the big banks will be lost

So is this their final plan for takeover? It is TPP? We've been reading for months now of the ills of TPP. You may want to read Donald Trump: ‘Disaster’ Trade Deal Empowers America’s Enemies, Another Sign ‘Country Is Going To Hell’. Or see Sen. Rand Paul Visits Secret Room To Read Obamatrade, Calls For Public Release Of Deal Text.


Secrecy? Scary? “You Can Read My Notes? Not on Your Life!”: Top Democratic Senator Blasts Obama’s TPP Secrecy A deal kept behind locked doors, that is being fast tracked by by the administration that's doing it's best to destroy America, supported by the conservatives, driven my lobbyists and special interests, which is feared by democrats; is the cherry on top of the economic/financial collapse of this once great democracy? 

Forget our argument yesterday of whether we live in a police state or not. The more important question is do we still live in a democracy? Based on everything I see about the TPP, there is no democracy anymore. This makes the police state point mute.




On to the lie -  


SPX Daily - The ascending triangle that's been bothering me at/under support of the rising wedge.


Freedom watch -

I think everything above on the TPP covered the Freedom Watch section this morning.



More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 13, 2015

Morning Charts 05/13/2015 SPX /es

Like I've been saying, they have been preparing for this all along - Europe Preparing Greek Bankruptcy Loan "In Event Of Grexit" It's all about Greece, and this deal is huge in the scheme of everything. All eyes will be on how they handle the poster child of default. 

A milllllllion huge frustrating lies are about to unfold.


On to the lie - 

SPX 60m - The wedge. I added a dashed red lower diagonal as a new potential wedge support in case they decide to try and extend this thing. You can see how price may want to consolidate between highs and here. Another thing that may be of note to the bears - a potential ascending triangle (lower black diagonal) worth about 75 points is sitting there for us all to see. That's a tough spot under broken wedge and LT support at ATH's and they throw an ascending triangle into the mix? Ouch.



Freedom watch - 

Well? NBC Confirms Obama Lied About Bin Laden Raid Now what? What they are not telling you, now that the truth has come out elsewhere, is still not the whole truth. The battle between alternative media and the state controlled MSM rages on. Chalk one up for the internet and the truthers. Conspiracy fact gets another W. It's very important that you know we here at STB live outside the Matrix, it's a dangerous place where truth exists and fantasy is subdued.


More to come below. 

Have a good day. 

GL and GB!

Tuesday, May 12, 2015

Morning Charts 05/12/2015 SPX /es

OK, so now we know why the markets were so calm yesterday with Greece staring down the default double barrel. Funny how they always seem to find whatever amount they need lying under a rock or wherever. I guess the money fairy does exist. Maybe they channeled their mythological roots and prayed to Ploutos who came through in a big way. Uh, no. See this -

"In sum: the IMF paid itself on behalf of Greece and will now be forced to pay itself back for paying itself later this month. Or, put differently, Greece has prepaid the IMF with IMF money it doesn't have."
Next they will rob the pensioners of their hard earned cash (it's all that's left). Check this out - 
"Greece is now reliant on a similarly ridiculous circular funding scheme to pay public sector employees whereby pensioners will only receive payments if the government is successful at tapping pension funds for cash."

Greece = Game Over

So, how would you feel if your hard earned life savings, everything that you worked for, was about to be swept away because a bunch of corrupt politicians and banksters got into a get rich scheme which is going to result in the complete destruction of one of the world's oldest countries? That kinda sucks. 

It's complete BS is what it is. We're talking about 11 million people (except for the chosen few) are about to be flung into total chaos. No wonder Forbes and others have been over there scouting out the real estate deals that they knew were to come. We are about to see  a whole new brand of refugee in Europe - those from a formerly developed country. Spain, Italy, ..... the US - all will follow. How good are things in Italy?

"Nowadays people don't want to raise their child in poverty,"

The US? Sure, we're already $18 trillion in debt and have wiped out our social security fund ($14 trillion owed). With $96 trillion in unfunded liabilities we're kinda in a really deep dark hole of debt. Hey, it's cool though. If we all cough up $815,000 we can be out of this problem overnight! Raise interest rates - on that kind of debt? I don't think so.

So the Greece drama will continue for another month. I'm not so sure the markets will remain as calm this time (see last night). I'd expect more jitters, but also expect some sort of resolution (without the IMF) that will put Greece to bed for another few months, but that will be all. The end is nigh. We're finally there where the note to the band is due. The music is going to stop, and when it does chaos will begin. Once the other troubled countries in the EU see what's happened to the poster child of the Keynesian farce, the populace will become very uneasy. If you live in the EU I'd make sure your property and fire insurance are paid up. 

As for what the Fed's about to do - I have no clue. I've long speculated that Greece was a conduit (think AIG '08-'09) they used to fund CB's in the EU and kept the shadow liquidity flowing. Without this mechanism, some light may shine on some dark places they wanted to remain hidden.


On to the lie - 

SPX Weekly - Not sure how long this can hold up no matter who or what is manipulating things. 







SPX 30m - I've told you that price does not like to stay above the DoD (black diagonal) long. 
 


Freedom watch - 

Nothing here today. Jade Helm buildup continues. Now is a really good time to check your prepper stock and make sure all that is in good order.


More to come below. 

Have a good day. 

GL and GB!

Monday, May 11, 2015

Morning Charts 05/11/2015 SPX /es

Well this about sums up everything - Futures Jittery As Attention Returns To Greece; China Stocks Rebound On Latest Central Bank Intervention. Any questions? Been the same since China QE was announced. It's about all there has been to discuss. Getting kinda stale isn't it? Yup. I have a feeling that things will get spiced up pretty soon. The pot's gonna boil over soon. Remain patient.
On to the lie -

SPX 60m - SSDD except what was two levels of support have now turned to resistance. 'Their' playing field is turning against them.



Freedom watch -

LS1 has been studying the Roman Empire in 8th grade history this semester. I'm positive I'll send this to his teacher. I'm not sure when I'll share this with him. US fall from virtuous republic to tragic-comic empire described perfectly by Roman historians. The tough part of being a parent today is just how much truth do you share and when on a young mind. Caligula, lol, he researched that on his own. What a kid! He's still not old enough to see the movie thank goodness.


More to come below.

Have a good week.

GL and GB!

Friday, May 8, 2015

Open Weekend Post 05/09-10/2015

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

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

Massive confusion and volatile consolidation as the Fed tries to maintain exaggerated levels and the farce. 

Happy Mother's Day to all. 



Have a good weekend. 

GL and GB!

Morning Charts 05/08/2015 SPX /es

Computer issues involving my visits to Drudge, ZH and other 'savory' sites this morning blew up my computer. This  subsequently led to not saving or taking down the post I had written. So you get nothing. I don't think the handler liked where I was going with my post this morning. In the Freedom Watch section I was going deep into precrime. I pretty much hammered the UK elections at the open. The On to the lie section was a basic apology for me being completely perturbed with market action over the past 6 or so weeks. I think I hit a nerve or am being sent a message. This is not the first time in this has happened and it appears to be occurring more frequently. Even basic internet connection over the past months (in separate office locations) has been spotty and questionable. Paranoid? Not. I think I'm pretty rational. This is a natural result in today's world. Sucks, but I expect much more intrusion and blockage to come as we near the end.


On to the lie - 

SPX Weekly - Over cooked.





Freedom watch - 

Dear handler, I'm sorry for my post earlier on precrime and all the research I did. I guess covering the subject from Hitler to today's police state was not something you wanted me to do. Maybe it's time for y'all to just come and pick me up and take me to a center for reeducation. Then again, I'm positive you will know exactly when to come and exactly where I'll be.



More to come below. 

Have a good weekend. 

GL and GB!

Thursday, May 7, 2015

Morning Charts 05/07/2015 SPX /es

I have a feeling that my great unease over the past few weeks is going to be validated - only of course to be refuffed by QE4 - only of course to be greeted by the next (and last) great crash. It appears we will continue to trend towards that Fall collapse. Bonds are all over the place with the 10y collapsing.

Saved By The Broken Euronext: Manic-Selling Becomes Panic-Buying In Global Bond, Stock Markets

Confusion - you bet.





On to the lie -

SPX Daily - I've been discussing 2070 and 2062 as critical support. In a way this is now like double top secret critical support since the rising red wedge critical support has busted down and backtested. Sell stops could not be far away being thru the 50 dma and with the 100 dma at 69 and then critical support at 62. The Fed is in a real pickle here especially given Greece and the rest of the global and domestic economic struggles. If this fails the next stop would be the 200 dma which is pretty much at the HnS target I posted yesterday. A little history of price and the 200dma - when was the last time price hit the 200 dma before our "Bullard" moment last October? Well it was in November of 2012? Ring any bells? "Unprecedented manipulation" and the starting point of the STB Diagonal of Death. "They" don't like price below or even close to that 200 dma.

 
Freedom watch - 

And see this, this, this, this, this, this, this, this, this,
this, this, this, this, this, this,  LOL 

America’s Main Problem: Corruption




TPC this week (the 5th major).

More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 6, 2015

Morning Charts 05/06/2015 SPX /es

We're chocked full of all sorts of bad = good news this morning. ADP, productivity - just see ZH for all the "bad" news.


On to the lie - 

SPX Daily - just a mess. no clues for direction as consolidation continues above critical support and below ATH resistance. This is getting a bit annoying, but I should be careful what I wish for. That BB width - it's set for an explosion.


Freedom watch - 

Gonna hit on it again today. Ultra-Secrecy Surrounds Barack Obama’s New Global Economic Treaty.



More to come below. 

Have a good day. 

GL and GB!

Tuesday, May 5, 2015

Morning Charts 05/05/2015 SPX /es

Happy Cinco de Mayo! Boy I miss the days when this was a must go out and party night. 

One word - Greece. Now many other words could be in play (and are), but right now Greece needs to be the focus.

Very quiet now. Feds should (and have) take advantage of any luls in the news or event cycle.

On to the lie - 

Volume? We don't need no stinkin volume! Yesterday was a great example of the farce this market has become. If there were any surprise from yeaterday it was that the market did not go up even more. 

SPX Daily - Very dangerous spot for SPX. They know it, you know it, so it must be defended. How long can they defend it is the question. This chart is pointing to a top. It is tired. It is technically ready. It is overbought. It is complete BS, so who knows what will happen and when.







Freedom watch - 

The TPP, you better pay attention to this disaster. Remember the last thing you could not read until you pass it? Well, here we go again - Extreme secrecy eroding support for Obama's trade pact

"If you want to hear the details of the Trans-Pacific Partnership trade deal the Obama administration is hoping to pass, you’ve got to be a member of Congress, and you’ve got to go to classified briefings and leave your staff and cellphone at the door.

If you’re a member who wants to read the text, you’ve got to go to a room in the basement of the Capitol Visitor Center and be handed it one section at a time, watched over as you read, and forced to hand over any notes you make before leaving."

I suggest that you see this site for more on just how scary the TPP is. 

And as for STB's theory that UFO disclosure will come sooner than later and could coincide with the crash/takeover - See this - 

UFO San Diego 2015 - One Of The Best Ever






 More to come below. 

Have a good day. 

GL and GB!

Monday, May 4, 2015

Morning Charts 05/04/2015 SPX /es


Quiet data and news week till employment Friday.

When is the big question? Bill Gross: "This Is All Ending"




On to the lie -

I need to digest some things. I'm a bit confused by the move up late last week. Potential China QE was timely.

SPX Daily - Price still trapped below the DoD and red wedge support with the 20 and 50 dma's in play as well.



Freedom watch -

I think on Mondays I'm gonna leave this section blank. Let's not start the week with horrible news. There is usually enough above to freak you out anyway.


More to come below.

Have a good week.

GL and GB!

Friday, May 1, 2015

Open Weekend Post 05/02-03/2015

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

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

I'll update some charts this weekend and let you know what I find. 



Have a good weekend. 

GL and GB!