Tuesday, March 21, 2017

Morning Charts 03/21/2017 SPX /es

Total Control - Nothing is Real - Breslow: "Memo To Traders: The Fed Is Making This Up As They Go Along"

Still lots of Fed speak all this week. Be ready for potential surprises. 

Something really big is on the verge of breaking big time. (Reality - it's already broken - see Memo to Traders Above - nothing is real anymore.)

On to the lie - 

SPX Daily - Big ass textbook completed wedge that has overthrown resistance sitting on support with neg divs galore and very little support down to 2270 coincidentally at failed wedge target diagonal. Hey, it could be worse.

DOW Daily - Nice when the VIX drops with the market at this extreme top.

DOW Monthly - Based on this chart the absolute max is from now to mid year 2018. This scenario also suggests that they won't allow any major corrections till the collapse either. See indicators, support diagonals and yellow boxes. This chart is absolutely horrifying. Target - 13,000. Oh, and if it gets there - it ain't stpping.

Freedom watch - 

If you are not familiar with this you should be - STB's covered it in the past several times - Whats yours is theirs when they want it - Stealing From The Citizenry: How Government Goons Use Civil Asset Forfeiture To Rob Us Blind

More to come below. 

Have a good day. 

GL and GB!

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