Thursday, May 4, 2017

Morning Charts 05/04/2017 SPX /es

Whatever they need to tell you to justify this mess they will. S&P Futures Jump Ahead Of GOP Healthcare Vote, Ignore China Commodity Crash

On to the lie -

SPX 60m - Bottom line is after this open there is a chance there will be THREE OPEN ISLANDS. That's simply insane. You can clearly see the two open islands created over the past week's gaps. Do they really want another? This is a recipe for disaster. Bottom line is as long as they keep price above 2330 they will feel safe. The ATH carrot remains in front of the horse. Three open islands. Wow!


More to come below.

Have a good day.

GL and GB!

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