Thursday, August 18, 2016

Morning Charts 08/18/2016 SPX /es

Well, while you are distracted - THREAT OF WAR Fears of all-out conflict in Ukraine as sabre-rattling Vladimir Putin places 40,000 troops and armoured vehicles along the border. We've known this was happening. Back to STB's question - which comes first war or collapse? 

 In case you have not seen this - Carl Icahn Turns Apocalyptic: "I Am More Hedged Than Ever, A Day Of Reckoning Is Coming". All I do now is wait on total control to fail to the STB event. That's honestly all there is to it at this point.

On to the lie - 

SPX 30m - Plenty of room down to 2120 support and then the major support at 2064 and then the open island gap around 2035. Question is - how do we get there if they won't even let the market have a natural correction? Just remain patient. I have a feeling that the turn will be painfully obvious to everyone and the rush for the gates may be historic after this last ramp.

Freedom watch - 

This is much bigger deal than you can imagine - America to hand off Internet in under two months

And he's also the biggest jihadist on the planet - only in America! Barack Obama: From Peace Prize To World's Biggest Arms Dealer In 8 Short Years

More to come below. 

Have a good day. 

GL and GB!

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