Thursday, June 16, 2016

Morning Charts 06/16/2016 SPX /es

Things are really messed up and are possibly in a culmination phase - Not sure how much longer their lies and deception can last. Even Grandma the other day finally seemed to be in a not the Fed norm exceptionalism state of things,
"Furthermore, number of employees tumbled, New Orders fell to 4 month lows, and average workweek remains deep in contraction. Additionally, 'Hope' fell as the six month outlook dropped to 3 month lows. But apart from all that, yay... Philly Fed is up."
On to the lie - 

SPX 30m - Well, yesterday turned from talking about a possible gap up open to take out 2085 resistance to a gap down open to take out 2064 support. with 64 in the middle we need to watch to see if they have the poster to consolidate between 40 and 85. I've been leaning down, timed the top pretty good the other day but as usual will walk this thing down. Looks bad, it is bad, but it is also their market. Just remain calm and don't get too far ahead of yourself thinking something must happen.

Freedom watch - 

This dude does some really good videos on some difficult subjects. I suggest you listen to this and take in what he says and process it in your own way. Subject matter is getting way out there, but sometimes accepting reality is the most difficult thing to do - The Secret AGENDA Behind The Orlando Mass Shooting (2016)

More to come below. 

Have a good day. 

GL and GB!

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