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!

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