Thursday, June 23, 2016

Morninng Charts 06/23/2016 SPX /es

Brexit day! Not really worth discussing anything else. As noted, I believe stay will win simply on the fact that 'they' count the votes. Reminder, don't be distracted.

On to the lie - 

Looks like markets are trying to price in a Bremain - someone explain to me why that's market positive over a Brexit? There is not one thing globally that is market positive (other than intervention). 

SPX 30m - Looks like I'm not gonna get that setup this morning. Futures parked it right under the round number. Looks liek cash will do the same. This is a possible reversal point as round number triple top and backtest of busted wedge resistance will meet the open pop.

Freedom watch - 

If you have not seen the full Trump speech you can see it here. This is only the beginning of his assault on the elite. My only hope is that he does not hold back. If they think that was an attack, that was only the beginning. He could rail her for 10 years daily and still not cover all of her crimes and lies.

More to come below. 

Have a good day. 

GL and GB!

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