Friday, December 2, 2016

Morning Charts 12/02/2016 SPX /es

Well, Gross Echoes Gundlach, Says Trump Rally Is Misguided: "Move To Cash" is the latest and Gundlach Turns Bearish Again: "Stocks Have Peaked, It's Too Late To Buy The Trump Trade" , so the some are sounding alarms. Rightfully so, but the timing ... here we go again ... when, not if is the massive lingering question. My monthly Chart of Death is below. Technically it is a harbinger for whats coming. It confirms the worst. When and will you be prepared is the question. You can not live in denial. You must face reality. No safe spaces at STB butercup. Shit's real.

On to the lie - 

The two monthly charts below are just brutal. 

SPX Monthly - There is nothing that says the market can not go higher. We live in a unfathomable time where market manipulation is a reality. you have to deal with and accept that. But, as I've always contended, price will win in the end. Price, the great equalizer, will overcome the fraud and lies.

SPX Monthly - The Chart of Total Denial. Fucking EVERYTHING pointed to a major top late summer 2014. that was it. That was the top. I'll repeat, that was the top, since that point (really since early '09) nothing is real, and it all will be vaporized.

SPX 5m - The first pos divs showed up late yesterday.

Christmas quote - 

Rudolph: But - But you fell over the side of the cliff.
Yukon Cornelius: Didn't I ever tell you about Bumbles? Bumbles *bounce*!

More to come below.

Have a good weekend. 

GL and GB!

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