Friday, October 2, 2015

Morning Charts 10/02/2015 SPX /es

What an absolute DUMP in the futures. Worst I've seen in quite some time.  I guess a jobs dump (strange when you think about the timing of this) will do that? Participation Rate Crashes To October 1977 Level: Americans Not In The Labor Force Soar By 579,000 To Record 94.6 Million and Payrolls Disaster: Only 142K Jobs Added In September Zero Wage Growth; August Revised Much Lower  are ..... truthful? Wait ... what? Truth? Goldman said beat? LMAO. Why now? WTH is going on? I'm guessing the dreaded need for MOAR is what's going on. Looks like were about to get a policy shift from the Fed. Yes, actual clarity in policy direction is coming, and it will be back to full retard liquidity pump. Rate hike? LMAO, never! Fed Rate-Hike Odds Collapse After Jobs Debacle.
On to the lie - 

You can read this. Don't go and get drunk on it, just read it. Broad-based Value Line Composite testing mega-critical level.

SPX 15m - Should be the only chart you need today. 

Freedom watch - 

The nanny state is hear to scare you and then protect you (necessarily or not). Sadly for the The Weather Channel and the Fed, Joaquin is not tracking to hit the US anymore, but they will still try to sell as much fear as possible. Hilarious listening to the weather channel try and sell the fear to keep you watching.

LOL - Like I said, if Russia wants to hit us, they are going to do it  where it's gonna hurt the most - "They're Hopping Mad In The US And Saudi Arabia": Russian Strikes In Syria Spark Epic Western Media Propaganda Blitz
More to come below. 

Have a good weekend. 

GL and GB!

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