Tuesday, October 6, 2015

Morning Charts 10/06/2015 SPX /es

LMAO - Futures Fail To Surge Despite Continuing Onsalught Of Poor Economic Data  and don't forget that the GLEN CDS issue still exists - Glencore Stock Is Re-Crashing.
There is really not much to say. Bad=Good re surging. I mean, how bad could it be right now? Treasury Sells 3-Month Bills At 0% Yield For First Time Ever - that's good, right? 

On to the lie - 

SPX Monthly - Comparing the tops - looks like all we're waiting on is one last bull trap. Course you know I think this will come with QE4. The negative divergences are undeniable (as are their historical results).

SPX 60m - Price at upper end of lower consolidation area.

Freedom watch - 

What freedom?

More to come below. 

Have a good day. 

GL and GB!

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