Thursday, May 19, 2016

Morning Charts 05/19/2016 SPX /es

Well, they are stubborn SOB's - Global Stocks Slide, S&P Set To Open Red For The Year As Hawkish Fed Ignites "Risk Off". I'm not really sure what they are trying to do destroy the nation and enslave us all, but it's their game, their market, their money. The good thing is that jobless clams are terrible, the Fed goes risk off, markets just busted critical support with a massive HnS formation above - and futures are basically flat. Go figure.

On to the lie - 

Well, someone here has been looking at 1575 as a real target in a major breakdown for over a year now. Nice of the experts to finally catch up. It's not rocket science. Why the S&P 500 could sink to 1573.

SPX 15m - Let's see if my black R to blue S holds up. Descending triangle and HnS breakdown on verge - 'they' better do something fast.

Freedom watch -

More to come below. 

Have a good day. 

GL and GB!

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