Thursday, May 21, 2015

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!

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