You know the drill. Share the love and the knowledge.
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Friday, April 28, 2017
Morning Charts 04/28/2017 SPX /es
Nothing worth commenting on this morning. Total Control entrenched. It is what it is till it isn't.
On to the lie -
SPX Weekly - Big picture. Scary. Remember they need something big (like a war) to cover for the coming crash (cause it's not gonna be their failed policies).
More to come below.
Have a good day.
GL and GB!
On to the lie -
SPX Weekly - Big picture. Scary. Remember they need something big (like a war) to cover for the coming crash (cause it's not gonna be their failed policies).
More to come below.
Have a good day.
GL and GB!
Thursday, April 27, 2017
Morning Charts 04/27/2017 SPX /es
Really? Bernanke 'Terrifies' Stock Investors, Again
No, we passed it in 2013. Have We Just Reached Peak Stock Market Absurdity?
On to the lie -
SPX 30m - Bout the only thing that I can come up with other than massive consolidation under key round numbers and the ATH carrot is this possible channel. Other than that no real larger patterns to speak of. Some neg divs working in but nothing is screaming at me right now other than 40 points of open gaps below leaving a support less void should this thing turn.
Freedom watch -
Nothing today.
More to come below.
Have a good day.
GL and GB!
No, we passed it in 2013. Have We Just Reached Peak Stock Market Absurdity?
On to the lie -
SPX 30m - Bout the only thing that I can come up with other than massive consolidation under key round numbers and the ATH carrot is this possible channel. Other than that no real larger patterns to speak of. Some neg divs working in but nothing is screaming at me right now other than 40 points of open gaps below leaving a support less void should this thing turn.
Freedom watch -
Nothing today.
More to come below.
Have a good day.
GL and GB!
Wednesday, April 26, 2017
Morning Charts 04/26/2017 SPX /es
Early post. Late start Wednesday.
On to the lie-
Freedom watch -
More to come below.
Have a good day.
GL and GB!
On to the lie-
Freedom watch -
More to come below.
Have a good day.
GL and GB!
Tuesday, April 25, 2017
Morning Charts 04/25/2017 SPX /es
So it needs to confirm or look out? LOL - Total Control needs to do nothing but what they want to do - Breslow: "What We've Seen So Far This Week Has Been A Gap Repricing Without Any Price Discovery"
On to the lie -
SPX 60m - Double bottom reversal with potential target of 2410. Note of this 50 point pop in price roughly 40 poings of it is GAP space. IHnS target (on the 10m chart) of 2374 was hit yesterday. Over 2378 sets higher high after higher low. Overthrowing potential descending triangle resistance and getting a HnS RS breakout once again. Basically they just shit all over a fantastic double bear formation.
Freedom watch -
Nothing today.
More to come below.
Have a good day.
GL and GB!
On to the lie -
SPX 60m - Double bottom reversal with potential target of 2410. Note of this 50 point pop in price roughly 40 poings of it is GAP space. IHnS target (on the 10m chart) of 2374 was hit yesterday. Over 2378 sets higher high after higher low. Overthrowing potential descending triangle resistance and getting a HnS RS breakout once again. Basically they just shit all over a fantastic double bear formation.
Freedom watch -
Nothing today.
More to come below.
Have a good day.
GL and GB!
Monday, April 24, 2017
Morning Charts 04/24/2017 SPX /es
Well, according to the futures all is well - move along. You may want to keep this handy this week - Key Events In The Coming Busy Week: US GDP; ECB & BOJ Meetings, And Lots Of Earnings
On to the lie -
SPX Daily - What do you do when you have lots of resistance you can't get thru? Simple, gap thru most or all of it. SPX futures up 27? Whatever.
Freedom watch -
Paul Craig Roberts Asks "If This Is Freedom And Democracy, What Is Tyranny?"
More to come below.
Have a good day.
GL and GB!
On to the lie -
SPX Daily - What do you do when you have lots of resistance you can't get thru? Simple, gap thru most or all of it. SPX futures up 27? Whatever.
Freedom watch -
Paul Craig Roberts Asks "If This Is Freedom And Democracy, What Is Tyranny?"
More to come below.
Have a good day.
GL and GB!
Friday, April 21, 2017
Open Weekend Post 04/22-23/2017
You know the drill. Share the love and the knowledge.
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Morning Charts 04/21/2017 SPX /es
I golfing today so I will not be around. I may check in if I see something happening. OWP will be up at 4:00. Thanks for another gteat week on the blog.
On to the lie -
More to come below.
Have a good day.
GL and GB!
On to the lie -
More to come below.
Have a good day.
GL and GB!
Thursday, April 20, 2017
Morning Charts 04/20/2017 SPX /es
Bubbles (see charts below) - 8 Trillion Reasons To 'Support' President Trump.
Total Control, they can't let it even correct properly. Setup for collapse sooner than later is more than evident and primed.
On to the lie -
DOW Weekly -
SPX Weekly -
Freedom watch -
George Soros Accused Of "Puppeteering" Government In New Lawsuit
More to come below.
Have a good day.
GL and GB!
On to the lie -
DOW Weekly -
SPX Weekly -
Freedom watch -
George Soros Accused Of "Puppeteering" Government In New Lawsuit
More to come below.
Have a good day.
GL and GB!
Wednesday, April 19, 2017
Morning Charts 04/19/2017 SPX /es
Quiet, veeewry qwiiet.
On to the lie -
Consolidation under resistance continues.
SPX Daily - Things appear to remain more dangerous than positive right now.
Consolidation under resistance continues.
SPX Daily - Things appear to remain more dangerous than positive right now.
More to come below.
Have a good day.
GL and GB!
Tuesday, April 18, 2017
Morning Charts 04/18/2017 SPX /es
early post
On to the lie -
Freedom watch -
More to come below.
Have a good day.
GL and GB!
On to the lie -
Freedom watch -
More to come below.
Have a good day.
GL and GB!
Monday, April 17, 2017
Morning Charts 04/17/2017 SPX /es
Global unrest and distractions are rising - they need to blame to dip (coming collapse) on something - been saying it for years - I've always asked which would come first, the collapse or the war. STB "event" potential is really high right now.
On to the lie -
Absolute low end of the consolidation area - any wonder the futures rallied this morning? Potential descending triangle. Price is slowly stepping down here in a orderly way. Can it remain orderly if this support cracks?
SPX 5m - The HnS I was looking at all last week may have played out. The Futures rally this morning stopped it short of its target. Falling blue wedge and double positive divergence. Bottom line is weakness persists. Sub 37 support is a real danger zone.
SPX 60m - MA resistance and a large support-less zone below. Overall a possible large descending triangle.
SPX 2hr - Overthrow over and back in the brown channel. Falling red channel and possibly a descending triangle. MA resistance all over.
SPX Daily - Lower BB support here. Possible soon 20/50 ma bear cross.
More to come below.
Have a good day.
GL and GB!
On to the lie -
Absolute low end of the consolidation area - any wonder the futures rallied this morning? Potential descending triangle. Price is slowly stepping down here in a orderly way. Can it remain orderly if this support cracks?
SPX 5m - The HnS I was looking at all last week may have played out. The Futures rally this morning stopped it short of its target. Falling blue wedge and double positive divergence. Bottom line is weakness persists. Sub 37 support is a real danger zone.
SPX 60m - MA resistance and a large support-less zone below. Overall a possible large descending triangle.
SPX 2hr - Overthrow over and back in the brown channel. Falling red channel and possibly a descending triangle. MA resistance all over.
SPX Daily - Lower BB support here. Possible soon 20/50 ma bear cross.
More to come below.
Have a good day.
GL and GB!
Friday, April 14, 2017
Open Weekend Post
You know the drill. Share the love and the knowledge.
If you see it, share it. I will as well.
Have a good weekend!
Happy Easter and Passover!
GL and GB!
If you see it, share it. I will as well.
Have a good weekend!
Happy Easter and Passover!
GL and GB!
Morning Charts 04/14/2017 SPX /es
Good Friday!
I hope everyone has a great Easter weekend. Happy Passover as well.
GL and GB!
I hope everyone has a great Easter weekend. Happy Passover as well.
GL and GB!
Thursday, April 13, 2017
Morning Charts 04/13/2017 SPX /es
This is funny only because he's either the dimmest bulb on the planet or he just does not get it - Bill Blain "Can't Figure Out What Is Keeping Stocks So Buoyant?" The post is worth a look for some good bear porn - Should STB remind bill about this thing called Total control?
Also - S&P Futures Slide Ahead Of Bank Earnings
On to the lie -
SPX 30m - Possibly a larger descending triangle with a HnS nearing the end. An interesting combination if it should bear fruit. Gonna have to watch 40 area support after the open for clues. There is a possible IHnS on the 5m chart that would target 66 R. Either way the consolidation I've spoken of for weeks now continues just above critical support.
Freedom watch -
Quiet down here for now. Sure it wont stat that way for long tho.
More to come below
Have a good day.
GL and GB!
Also - S&P Futures Slide Ahead Of Bank Earnings
On to the lie -
SPX 30m - Possibly a larger descending triangle with a HnS nearing the end. An interesting combination if it should bear fruit. Gonna have to watch 40 area support after the open for clues. There is a possible IHnS on the 5m chart that would target 66 R. Either way the consolidation I've spoken of for weeks now continues just above critical support.
Freedom watch -
Quiet down here for now. Sure it wont stat that way for long tho.
More to come below
Have a good day.
GL and GB!
Wednesday, April 12, 2017
Morning Charts 04/12/2017 SPX /es
Total Control. Nothing more. Nothing less.
On to the lie -
SPX 5m - Possible backtest of the potential HnS neckline as consolidation continues.
More to come below.
Have a good day.
GL and GB!
On to the lie -
SPX 5m - Possible backtest of the potential HnS neckline as consolidation continues.
More to come below.
Have a good day.
GL and GB!
Tuesday, April 11, 2017
Morning Charts 04/11/2017 SPX /es
News is quiet other than we're prepping for war in two places on opposite sides of the globe.
On to the lie -
SPX 5m - Rising wedge support gone and a possible HnS formation? That 2322 area I was speaking about last week would be the target area. Everything still looks and feels week. A move to 22 would not get too far out of the consolidation area, but anything below 36 is in a danger zone. Consolidation zone from 36 - 66 dominates everything right now.
Freedom watch -
Quiet here, but don't be fooled. They have everything in place.
More to come below.
Have a good day.
GL and GB!
On to the lie -
SPX 5m - Rising wedge support gone and a possible HnS formation? That 2322 area I was speaking about last week would be the target area. Everything still looks and feels week. A move to 22 would not get too far out of the consolidation area, but anything below 36 is in a danger zone. Consolidation zone from 36 - 66 dominates everything right now.
Freedom watch -
Quiet here, but don't be fooled. They have everything in place.
More to come below.
Have a good day.
GL and GB!
Monday, April 10, 2017
Morning Charts 04/10/2017 SPX /es
So let's stay fully invested as we position for war - Brilliant! What could go wrong? O's wasn't able to deliver the establishment's war, but it looks like T will remain on course. Even T at this point realizes that war is the only way out of the fed's fiat hell hole of debt. It really is that simple.
On to the lie -
DOW Weekly - serious upside limited - drift or consolidation above 21,000 most likely for a while (unless something breaks).
SPX 2hr - Old Channel resistance is now support (and historically not the best support). Consolidation from 36 - 66 continues. Sub 40 is a very dangerous spot with little to no support to 2300 or 2280.
Freedom watch -
Nothing today.
More to come below.
Have a good day.
GL and GB!
On to the lie -
DOW Weekly - serious upside limited - drift or consolidation above 21,000 most likely for a while (unless something breaks).
SPX 2hr - Old Channel resistance is now support (and historically not the best support). Consolidation from 36 - 66 continues. Sub 40 is a very dangerous spot with little to no support to 2300 or 2280.
Freedom watch -
Nothing today.
More to come below.
Have a good day.
GL and GB!
Friday, April 7, 2017
Open Weekend Post 04/08-09/2017
You know the drill, share the love and the knowledge.
If you see it, share it. I will as well.
Have a good weekend.
GL and GB!
Morning Charts 04/07/2017 SPX /es
50 Tomahawks must be good for business. We will get more into this next week as the proverbial dust settles.
On to the lie -
SPX Daily - Pretty simple - completed rising wedge, overthrow to OB ATH with extended negative divergences and failure. Follow MA support /resistance as consolidation continues. 64 to 70 is R and 45 to 36 is S.
Freedom watch -
Masters weekend - enjoy it!
More to come below
Have a good day
GL and GB!
On to the lie -
SPX Daily - Pretty simple - completed rising wedge, overthrow to OB ATH with extended negative divergences and failure. Follow MA support /resistance as consolidation continues. 64 to 70 is R and 45 to 36 is S.
Freedom watch -
Masters weekend - enjoy it!
More to come below
Have a good day
GL and GB!
Thursday, April 6, 2017
Morning Charts 04/06/2017 SPX /es
Masters begins today!
I got a chuckle out of this post title. Pretty sure you know why - Cudmore: "It's Now A Matter Of When, Not If, Markets Break Down"
On to the lie -
SPX Daily - Nothing exciting other than a battle with support. The 20 dma is diving and looks like it will want to cross the 50 dma (now at 44). Does not look too good going forward here, but we all know team Total control is in da house. 44, 22, 91 and 74 are key support numbers I see right now. Under 44 is very dangerous place.
Freedom watch -
Nothing here today.
More to come below.
Have a good day.
GL and GB!
I got a chuckle out of this post title. Pretty sure you know why - Cudmore: "It's Now A Matter Of When, Not If, Markets Break Down"
On to the lie -
SPX Daily - Nothing exciting other than a battle with support. The 20 dma is diving and looks like it will want to cross the 50 dma (now at 44). Does not look too good going forward here, but we all know team Total control is in da house. 44, 22, 91 and 74 are key support numbers I see right now. Under 44 is very dangerous place.
Freedom watch -
Nothing here today.
More to come below.
Have a good day.
GL and GB!
Wednesday, April 5, 2017
Morning Charts 04/05/2017 SPX /es
Early post
I'm getting tires this morning so post may be limited. I'll post Charts below when I get into office.
On to the lie -
Freedom watch -
More to come below.
Have a good day.
GL and GB!
Tuesday, April 4, 2017
Morning Charts 04/04/2017 SPx /es
No QE = No market. EU pulling some and now this - Abe Advisor Says It's Time To Pull The Plug On QE. Don't worry, it won't last long. Just long enough to get the proper amount of shorts lined up for slaughter.
On to the lie -
DOW Daily - DOW 50 dma support to crack at open. Usually when that cracks it falls to the 100 dma. If that's the case this time then a tumble to near 19,133 could be in order. This is close to a 1,000 point drop. It is also at rising wedge support.
DOW Weekly - IF it's turning and we're looking for a stopping point the above is good but this should be considered as well. The 50 wma is close to 19k as well, so this double ma support point may make for a great stopping point if this fall can gain any momentum.
Freedom watch -
I'm positive this was all above board and legal - and that O and HRC had nothing to do with any of it - White House logs indicate Susan Rice consumed unmasked intel on Trump associates.
More to come below.
Have a good day.
GL and GB!
On to the lie -
DOW Daily - DOW 50 dma support to crack at open. Usually when that cracks it falls to the 100 dma. If that's the case this time then a tumble to near 19,133 could be in order. This is close to a 1,000 point drop. It is also at rising wedge support.
DOW Weekly - IF it's turning and we're looking for a stopping point the above is good but this should be considered as well. The 50 wma is close to 19k as well, so this double ma support point may make for a great stopping point if this fall can gain any momentum.
Freedom watch -
I'm positive this was all above board and legal - and that O and HRC had nothing to do with any of it - White House logs indicate Susan Rice consumed unmasked intel on Trump associates.
More to come below.
Have a good day.
GL and GB!
Monday, April 3, 2017
Morning Charts 04/03/2017 SPX /es
Interesting - Breslow: "The Pain Trades Are Giving Traders Headaches"
On to the lie -
MA's setting support and resistance marking the consolidation zone from 33 - 70. Very dangerous under 33.
SPX Daily -
SPX 2hr -
Freedom watch -
Cause it's not a fair fight (yet) - How Obama's White House Weaponized Media Against Trump
More to come below.
Have a good day.
GL and GB!
On to the lie -
MA's setting support and resistance marking the consolidation zone from 33 - 70. Very dangerous under 33.
SPX Daily -
SPX 2hr -
Freedom watch -
Cause it's not a fair fight (yet) - How Obama's White House Weaponized Media Against Trump
More to come below.
Have a good day.
GL and GB!
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