Wednesday, July 13, 2016

Morning Charts 07/13/2016 SPX /es

Well, my short from yesterday may be F'd. It seems they are in twin-turbo mode now. Fed's Mester Says Helicopter Money "The Next Step" In US Monetary Policy.

Look things are really screwed up, and it is their job to distract us via any possible means. potus (I refuse to capitalize that) has us right where he wants us - on the verge of collapse. They must maintain until they can get all the pieces in place. As for Trump, he's our only hope now. I'm not sure that the Hildabeast is not set for coronation no matter what. Shit's getting really scary. 

On to the lie - 

Two very distinct and different charts - Overthrow vs. IHnS. Gundlach Gets More Bearish, Says "Big Money" To Be Made On The "Short Side" I agree here, let's just get the timing right.

SPX Daily - ATH and overthrowing negative divergences. May not be there quite yet, but the setup for reversal is getting primed.

SPX 30m - IHnS for the dreamers and believers of infinite QE (cause that's the new reality). 2227 target. But that old channel resistance? Yup, they are gonna pop over that this morning. I may add to my short from yesterday.

Freedom watch - 

Beyond bizarre when NYT and Trum agree on something - the justice system in this country obviously only exists for the elite (see HilLIARy) and TBTJ. Donald Trump Rips Ginsburg: "Her Mind Is Shot, She Should Resign" As NYT Says Trump Is Right

Constitution today - 

Amendment IV

The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

"The Fourth Amendment originally enforced the notion that “each man’s home is his castle”, secure from unreasonable searches and seizures of property by the government.  It protects against arbitrary arrests, and is the basis of the law regarding search warrants, stop-and-frisk, safety inspections, wiretaps, and other forms of surveillance, as well as being central to many other criminal law topics and to privacy law."

 More to come below. 

Have a good day. 

GL and GB!

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