Friday, January 27, 2017

Morning Charts 01/27/2017 SPX /es

Well, I'm seeing April - at least someone is looking. "When Will It End?" BofAML's 10-Point Checklist. Note if they are looking, I promise they will not be last in line. Just sayin. 

So bad = Good, so keep things bad? Grantham's GMO Asks: "What If Trump Succeeds?"

On to the lie - 

SPX 60m - A pullback to 70 - 67 is in order (and that's being kind). From/if there we'll figure it out. So little support back to 2120. Overthrow the rising wedge resistance, then the wedge breaks down and  ... price shoots up against all the negative divergences - go figure. Now backtesting busted support in an overthrow situation. Insane. 

Freedom watch - 

Take out the trash! Wave Of State Department Personnel Resign, Are Fired As Tillerson Takes Control 

Gonna have to change the name of this section of the post. too much good shit is happening. 

More to come below.

Have a good weekend. 

GL and GB!

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