Thursday, July 28, 2016

Morning Charts 07/28/2016 S{X /es

There is really little to comment on. Price has plateaued and the FOMC was a dud. Catalysts everywhere for anything from market collapse, social unrest or even a world war, but prices sit just under ATH cause of the promise of moar easing and the great Fed backstop. Nothing is real anymore. It's just a matter of when at this point and are you prepared for the worst to come.

On to the lie - 

SPX 10m - Plateau. That's a long way down with little to no support. 2120, 00, 64 are the key numbers. As we were discussing yesterday - pick your favorite MA support to monitor and bet accordingly. As I've said, it wants to fall but they wont let it.

Freedom watch

Out of control - US Government Pays $475,000 For Illegally Searching Woman's Vagina

More to come below. 

Have a good day. 

GL and GB!

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