I would not be surprised to see a tumble this week and possibly next. then again, it all depends on what "they" want. SPX 60m - Possible wedge up till EOY. 2064 is the floor of the upper consolidation area.
cLIEmate change week - should be a blast watching the elite mark their plans for our future under the guise of lies and deceit. More to come below. Have a good week. GL and GB!
You know the drill, share the love and the knowledge. Then go put up a bunch of Christmas ornaments, have a cocktail, put up some more Xmas stuff, another cocktail, and repeat. Pretty sure by now I'll be deep into the second Xmas tree and on to the outdoor lights. Get to it - we got a season to celebrate - enjoy it! GL and GB!
It's Friday after Thanksgiving - what in the world are you doing here? Go shopping or hunting or something. Go watch some football or even better throw a football. Enjoy the long weekend. You need to be refreshed for the EOY run we're about to endure. GL and GB!
Many thanks to all this holiday to all the supporters and readers of STB. I sincerely appreciate all that each of you bring to the content and discussions every day. Without you STB would be nothing. I hope everyone has a great holiday season. GL and GB!
Ok, we got an incident. I could not figure why futures were down. It appears the US backed isis enablers were ordered to, at any possible chance, shoot down a Russian jet by the commander of the Muslim brotherhood (that would be Obummer). That sob is gonna get his war one way or another. Man are things totally FUBAR over there. I guess their plan is working to perfection. I guess the only good that will come out of this is that it should totally blow up the climate meeting.
On to the lie -
SPX 60m - Post holiday drop may come early this year thanks to Turkey. I'm not gonna freak out till the 64 support area is cracked. This market survived the Paris attacks, a little think like a Russian jet being shot down should not be any worse. Well, it should be, but it prolly wont be.
You know the drill, share the love and the knolwedge. If you see it, share it. I will as well. Prepare for a rather slow week as the holidays kick off.
Found this ad rather interesting. Y'all know I love the idea of and think disclosure is coming sooner than later -
SPX 5m - Prolly the most bearish look I can give you, if you think technicals still matter.
SPX 60m - Low volume holiday ramp matches the potential for the inverse head and shoulders to climb withing the rising channel. They had to hold 64 and so far, barring an event, they have. It should not be an easy ramp by any means, but they should manage to lift if that is what they desire.
Freedom watch - Not today. Y'all focus on the weekend and having fun. More to come below. Have a good weekend. GL and GB!
Post FOMC confusion where they've doubled down on confusion causing the markets to rally cause .... well, cause why not? On to the lie - SPX 60m - Changed the chart up a bit given recent market moves. Pretty standard for a rising wedge breakdown to form a rising channel. The 64 area is KEY support for them to hold. Still somewhat of a chance this could be a right shoulder forming. Bears need to stop it here though.
"It’s exactly like Ron Paul said: “The cashless society is the IRS’s dream: total knowledge of, and control over, the finances of every single American.”"
"Who would have thought terrorism is so good for stocks."
Just pisses me off to the Nth degree squared. On to the lie - SPX Daily- Backtest and bounce off busted resistance with a daily reversal candle following the attacks in Paris? Really? Watch 200dma at 2064 resistance and the upper BB and 20dma at 72 to be the biggest resistance area.
Well if you thought things were not falling apart Friday, how do you feel about things now? This planet is so FUBAR right now. I'll reiterate the STB "Event" call from 6 years ago. This France event is the type of thing that could launch something larger. This could or could not be "it". I don't think it is, but it is more than likely part of an ongoing string of events leading to the big one (that I think will have to happen in the US). The STB "Event" will be financially related or directly effect finance, it will be something that even causes the Fed to lose control.
Sadly for the governments of the globe they can not as easily sell these false flag or even real events without being scrutinized to the Nth degree. They will be coming for the internet sooner than later after we vet this event. They can not allow us to have or share knowledge that is not government approved much longer. Since this is the case, they will have to pick up the pace, so you better be getting ready for the real shit storm. Studying last year with LS1 and this year with LS2 about early civilizations and empire building 101 - learning about legalistic societies and autocratic governments such as China's first emperor Shi Huangdi, it is impossible to not draw absolute parallel comparisons to the actions of our governments today.
It's prolly time for me to go off a bit and get back on the prepper, doom and gloom train. On to the lie -
You know the drill, share the love and the knowledge. If you see it, share it. I will as well.
OK, I watched this this week. Found it rather interesting. It's way out there, but then again it really isn't. It's quite timely actually, and something you need to be making connections with (however that may be). If you find the time and if it captures you, enjoy.
Is it possible that these future events spoken about in Revelation 13,
are in fact unfolding right before our eyes? Does Artificial
Intelligence, a hope for a singularity, and the advent of transhumanism,
all play a role in the grand deception that will enslave humanity
through the lie that the Mark of the Beast is actually the Philosophers
Stone?
And yesterday the plethora of Fed speak delivered .... absolutely nothing. Confusion still reigns. Never fear, they are setting up another massive short squeeze that will be fueled by promises of moar QE. Wait for it .... wait for it .... SPX 5m - good close up look at the current move south.
SPX 30m - Underthrow pos divs but in this case the indicators reaffirmed weakness. Unusual very bearish market stance. HnS targets 20 (a number many of us like). An underthrow of the falling megaphone would fit the standard pattern they've used in the past in such situations. Of course explosion up usually (all but one time it got worse that I can remember) follows the underthrow.
Friday the 13th and mystery object WT1190F is going to crash into the earth today. Interesting to a good degree. Many what ifs associate with this impact. Just fun to think about the possibilities.
More to come below. Have a good weekend. GL and GB!
SPX 5m - The potential pop this morning to take out resistance was discussed yesterday in the comments. The pop will be enough to crack R, but will it be enough to take it down? I'll be watching the 38% retracement at 86 for clues to direction. I'm not so sure bully has put the bears to bed quite yet. While this move in this chart looks really large, see just how small it is in the overall situation above. This is the top 50 points of a 250 point range. This 2064 level is the support of the top (of the three) consolidation area.
SPX 60m - One more look - there is more resistance right here in the 60m 200ma. There is the possible formation of a HnS (beware the RS ramp). So, put it all together and we're in a situation where the Fed must step up and save this, or lose support and let price move as low as 1980. Yesterday I mentioned consolidation from 86 down to 64 - that's a real possibility as they try to figure things out.
Freedom watch - Veterans Day - Many thanks to all the served and to the friends and families of those that paid the ultimate price.
Well, not sure how many times I've linked to the US National Debt Clock and talked about the unfunded liabilities over the years, but it's been a whole bunch - "US Debt Is 3 Times More Than You Think" Warns Former Chief US Accountant. Dude actually paints a rather rosy picture stating the unfunded liabilities at $65 trillion instead of the $99 trillion listed (which is significantly less than the $125 trillion it once was - not sure what happened there). And my long time statement that's at the heart of my conviction "do the math". On to the lie -
Swung my shorts from 2104 and 2109 on the 3rd over the weekend. Most know this is highly unusual from me. I was up enough to survive a pop this morning if there was one, so I let em roll. Now, I was only willing to go as low as 2080 on the downside prediction from the top, and then I said I'd reevaluate. At this point, I like lower, but am not totally sold on the notion. Things look really good, but as you know it is their market. It only does what they want it to, and with the virtually guaranteed holiday ramp coming I'm not gonna really get my hopes up for a deeper correction or crash till next year. SPX 60m -
Cause you need to know what's coming, and why I hype on having barterable items to maintain some semblance of economic freedom in the future - the chip will take over and the cashless total control society will become reality - The War On Cash Is Advancing On All Fronts: "First They Came For The Pennies..." More to come below. Have a good day. GL and GB!
Nothing but lies and misdirection would be up here today, so I'm gonna skip this section. 5% unemployment - LOL! On to the lie -
And show you the lies and misdirection in a picture! SPX 60m - Only time will tell.
Freedom watch -
And now to expose really important lies and misdirection (not like the total farce above). IsObama Secretly Running Muslim Brotherhood. And this from the Washington Times -Obama secretly backing Muslim Brotherhood. I know I've been asking this question for at least two years. Man this must have been some hush, hush, MSM covered up stuff -
"why the administration has chosen the Muslim Brotherhood,
which last year was labeled a terrorist organization by the governments
of Saudi Arabia, Egypt and the United Arab Emirates as a key vehicle of
U.S. backing for so-called political reform in the Middle East."
I got nothing for the top section today. That's how exciting things are in the financial/economic world right now.
Wait on Grandma for further directions at 10:00. On to the lie - SPX 60m - Same chart as yesterday. It's what I see. We should have been at the end of the run when the first wedge completed. Then they extended that. This wedge is completed now and the only (realistic) way for them to extend this run is to pull back, reset the lower wedge support then drive higher from there. If they slam it north, so be it. I don't for one millisecond doubt their ability to do so.
Your modern market in a nutshell - this is about all you need to understand - A Brief History Of Crime: How The Fed Became The Undemocratic, Corrupt & Destructive Force It Is Today On to the lie - SPX 60m - Readjusted my rising wedge. It completed yesterday with the doji. You can clearly see the breakout over the old completed wedge at the blue dashed resistance diagonal. The gap up and backtest tell me I was spot on with that diagonal. Alas, this is not our father's market. The potential IHnS I pointed out a couple of weeks ago (target 2150ish) may or may not be playing out. I don't like it. I do like a pullback and an even larger rising wedge to form. This is a standard move for them to lower the support diagonal of the wedge, thus extending it's life/range to go higher. Maybe a pullback to 2040 - 2020 to backtest the IHnS neckline area and then the Xmas ramp? Will have to see, but that would be my vote here if they can't ramp this overbought situation from here.
"Now, the United Nations is partnering with
a private company to offer a solution – a new “universal”
identification system that will comply with the United Nations’
sustainability goal of getting “legal” biometric IDs that include iris
scans, photographs and fingerprints, “into the hands of everyone in the world by the year 2030.”"
