Thursday, November 19, 2015

Morning Charts 11/19/2015 SPX /es

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.

Freedom watch - 

You need to read this and get it through your thick skull - we ARE going cashless and it is NOT a good thing

"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.”"

The world would be a better place if she were in charge - Clinton Goes after Laugh Factory Comedians for Making Fun of Her.  Of course if she does not want you to see the video I'm gonna post it

More to come below. 

Have a good day. 

GL and GB!

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