Thursday, August 31, 2017

Morning Charts 08/31/2017 SPX

It is what it is. I guess hurricanes are bullish. Never waste .....


On to the lie - 

SPX 30m - Should nail next R and gap resistance after the open. What it does there is anyone's guess. One word - Carrot - keep that ATH carrot out in front of the horse.  One thing very evident - very quick 50 to 60+ point drops are quite possible these days.




More to come below.


Have a good day.

GL and GB!

Wednesday, August 30, 2017

Morning Charts 08/30/2017 SPX


LOL, really? They are still trotting this one out? US Q2 GDP Revised Sharply Higher To 3.0%, Best In Two Years

On to the lie -  

SPX 30m

Blogger won't let me post chart now. Matter of fact google making it difficult to just get into the back end to make posts. Very uncooperative software when it used to be so simple and easy.



More to come below.

Have a good day.


GL and GB!

Tuesday, August 29, 2017

Morning Charts 08/29/2017 SPX

Thanks little chubby! It takes all types in this crazy whacked out world we live in today.

On to the lie -  

SPX 30m - 27, 17, 04 support areas. Who knows. they are struggling tho with this next ATH. 



SPX Daily - 22 is lower BB and 100 dma. that will be max for now if they don't get out of hand I'd guess. Anything under 2400 opens pandora's box.




More to come below.

Have a good day.


GL and GB!

Monday, August 28, 2017

Morning Charts 08/29/2017 SPX

early post




On to the lie - 



More to come below. 

Have a good day. 

GL and GB!

Morning Charts 08/28/2017 SPX

First and foremost - Happy birthday to RC. 

Our old STB buddy Incarnate in Houston is OK. It's a mess beyond belief. 

Harvey and gas/oil will be big deal - don't forget to look the other way while they think you are distracted.

On to the lie -

SPX Daily - DMA's, right now it's all about DMA's.



More to come below.

Have a good day.

GL and GB

Friday, August 25, 2017

Open Weekend Post 08/26-27/2017

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 08/25/2017 SPX

Just waiting on something to break. 


On to the lie - 

SPX Daily - Do the DMA dance. 

 



More to come below.


Have a good day.


GL and GB!

Thursday, August 24, 2017

Morning Charts 08/24/2017 SPX

Quiet for now .....


On to the lie - 

SPX 30m

 



More to come below.

Have a good day.


GL and GB!

Wednesday, August 23, 2017

Morning Charts 08/23/2018 SPX

Screw the markets - follow the Awan saga - that's where the storm lies. This is what brings down the Hildabeast, Obummer and the rest of the F'd up idiots that have been trying to destroy America for the past 8 years. I've been sharing George Webb's vids with y'all for close to a year about this stuff. Former U.S. Attorney On Awan Indictment: "There Is Something Very Strange Going On Here"

On to the lie -  

SPX 30m - set to open at first support  52 is the 50dam and 18 is the 100 dma. 








More to come below.

Have a good day.

GL and GB!

Tuesday, August 22, 2017

Morning Charts 08/22/2017 SPX

It's ugly and getting worse, they just don't want you to know that.


On to the lie - 

SPX Daily - All about the DMA's. Makes it easy for the PTB.




More to come below.

Have a good day.

GL and GB!

Monday, August 21, 2017

Morning Charts 08/21/2017 SPX

Eclipse day. Might as well shut it down for a bunch of folks this afternoon. No telling what sort of messed up stuff could happen today.


On to the lie - 

SPX Daily - 2417 and the round number are pretty much critical support here. 2350 200dma would be next stop.

 


More to come below.

Have a good day.


GL and GB!

Friday, August 18, 2017

Open Weekend Post 08/19/20

You know the drill. Share the love and the knowledge. 

If you see it, share it. I will as well. 

Eclipse Monday - catalyst? Not sure. I'm more worried about September 23rd and the star alignment then. this may be the kickoff event to the big celestial reckoning.


Have a good weekend. 

GL and GB!

Morning Charts 08/18/2017 SPX

This is from a severely directionally challenged individual, one who is wrong more than right. There is some merit to his thought tho and worth having this warning noted. Gartman: "This May Be One Of The Most Important Days In The Future Of Equity Markets". When some serious daily and weekly MA's (like 2345 SPX) get in danger then we can start talking about important days and not be fear mongering. I've liked down, we're getting down, but have a healthy fear of the Fed and Team Total Control - they don't allow significant corrections without cause.

On to the lie - 

SPX Daily - down goes the 50! Will it now become resistance? 16 and the round number are the next stop if weakness continues. Daily 200ma at 2345 is the biggest bogey of them all right now if ur feeling the pain and willing to look that far south.



SPX 30m - Well, do we finally have a new pattern? Is the burgundy channel that seemed to last most of the summer finally gone away? 




More to come below.

Have a good day.


GL and GB!

Thursday, August 17, 2017

Morning Charts 08/17/2017 SPX

Not much going on other than everything is collapsing, but the markets would never let you know that.


On to the lie - 

SPX 30m




More to come below.

Have a good day.


GL and GB!

Wednesday, August 16, 2017

Morning Charts 08/16/2017 SPX

Well let's find the truth - Dick's CEO: "The Retail Industry Is In Panic Mode" and  Trump Lashes Out At Bezos: "Amazon Is Doing Great Damage To Retailers; Hurting Cities And Jobs" might be two articles on the path to finding it. Or you can ask WMT their feelings on the subject. STB has good friend in major retail and he says it sucks. Bottom line - the 'recovery' is a lie. Consumer debt tapped out again. No jobs. Reality will eventually come to roost.

On to the lie -

SPX 30m - Looks like 76 has a chance to be the next stop. I'd lean to consolidation between 66 and 80 coming up. They gotta get that carrot back out in front of the mule.

 

More to come below.


Have a good day.


GL and GB!

Tuesday, August 15, 2017

Morning Charts 08/15/2017 SPX

No NK - No fear. Move along and ignore the civil war they are trying to start. It's all a bunch of BS. 80% of us are sane and sober (most of the time). 'they' want the war, not us.


On to the lie - 

SPX 30m - Not surprised they are gonna pop it back thru 66 resistance this morning. 77 is the next R area. Not sure if to follow blue or burgundy channel but parts of both should be in play. I personally hate price at these levels, but as we have learned you can't go against the total control system. Sadly we will all - as in most everyone - see THE moment to exit. The rush for the gates is going to be tremendous when it happens.




More to come below.

Have a good day.


GL and GB!

Monday, August 14, 2017

Morning Charts 08/14/2017 SPX


And awaaaaay we gooooo - VIX Tumbles, S&P Futures, Global Stocks Rebound Sharply As Korea Fears Fade. This is not over quite yet, but they sure milked it for all they could so far.


On to the lie -

SPX 30m -Maybe this will become that backtest of 66 I was surprised we did not get? Maybe the new blue channel forms with a lower slope, which would indicate slight rollover/topping possibilities.

 

More to come below.

Have a good day.

GL and GB.

Friday, August 11, 2017

Open Weekend Post 08/12-13/2017

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 08/11/2017 SPX

See this Central Banks Are Hiding The True Price Of Risk
and this Are Internal Market Cracks Turning Into Chasms?, and then see the chart below (which really is not the 'bad' chart).

On to the lie -

SPX Daily - Pretty easy to see what could happen if it lets go. 2400 is basic, below that it has real potential to get ugly.

 

More to come below.

Have a good day.

GL and GB!

Thursday, August 10, 2017

Morning Charts 08/10/2017 SPX /es

I guess all the crowing about war has the market spooked a bit. Don't fall for it. Pay attention to what they are trying to do. Remember, they need cover for the coming market failure. The age old STB question - Which comes first - the crash or the war?

On to the lie -

SPX 30m - What happened to the carrot? I'm somewhat dumbfounded that they allowed such a target to be missed. Sub 55 it gets interesting. 40, 32, 20, 07 and 00 are the support points.



SPX 2hr - Big time support is going to crack this morning. 61 and 47 ma's are big time here.




More to come below.

Have a good day.

GL and GB!

Wednesday, August 9, 2017

Morning Charts 08/09/2017 SPX /es

Cause this is reality - The Globalist Agenda Is Being Met: "To Collapse The United States Internally And Attack It Externally"

North Korea fears are the big worry now.

On to the lie -

SPX 30m - 30m 200ms support bout top get cracked. 66, 57 and 41 support areas.

 


More to come below

Have a good day.

GL and GB!

Tuesday, August 8, 2017

Morning Charts 08/08/2017 SPX /es

Are they out of gas? Did they make it to the top of the mountain and need to coast over the top on fumes? The Market Has Never Done This Before


On to the lie - 

SPX 2hr - One would think that sooner than later, on a traditional - non rigged - non total control - historical technical basis, something would be about to crack at least if not break to a degree. 




More to come below.

Have a good day.

GL and GB!

Monday, August 7, 2017

Morning Charts 08/07/2017 SPX /es

Nothing much to say up here. Pretty much SSDD as they continue to attack democracy and try and destroy this country. Carry on. 


On to the lie -

SPX 30m - gonna stick with what's been working. Multiple channel scenarios inside one large channel incorporating a rising wedge breakdown while chasing ATH's fending off building negative divergences with two possible HnS scenarios (targeting the same price near 2442 support). As usual, beware the bear crushing RS ramp job. Possible small ascending triangle building under 76 resistance.




More to come below.

Have a good day.

GL and GB!

Friday, August 4, 2017

Open Weekend Post 08/05-06/2017

You know the drill. Share the love and the knowledge. 

If you see it, share it.  I will as well. 


Have a great weekend. 

GL and GB! 

Morning Charts 08/04/2017 SPX /es

These days, where we've sunk to, and then a few more levels below that - makes you wanna throw up. Rabbit hole? Ha! more like a worm hole on steroids we're so fare gone. Reality - for those not in touch with it, I suggest you get there soon.

On to the lie - 

SPX 30m - 76 resistance, what's the RS gonna do? Break down (traditional/historical) or take off (new fangled BS).




More to come below.


Have a good day.

GL and GB!

Thursday, August 3, 2017

Morning Charts 08/03/2017 SPX /es

BOE, China, Russia, bubbles and a plethora of other items - What could go wrong?



On to the lie - 

SPX 5m - 46 resistance area again. They thwarted the RS breakdown at the neckline, so now do we get the RS ramp job? Not sure but being under the round number carrot I'd think they'd at least want to keep it in the neighborhood. They are gonna hold it as high as they can before it all goes to crap.




More to come below.

Have a good day.

GL and GB!

Wednesday, August 2, 2017

Morning Charts 08/02/2017 SPX /es

If I had to guess, I'd say it should be a long drawn out grind to get to 22k DOW and 2500 SPX. Why waste such a good carrot? Keep it out in front of the horse as long as possible. 


On to the lie - 

SPX 30m - 46 critical level - as noted yesterday possible HnS in RS now - big question is .... Do we get the bear HnS or newtard bull HnS? Beware the perfect bear setup (as is right now) cause the RS breakout is the norm these days. Just when the porridge gets juuuuust right .....







More to come below. 

Have a good day. 

GL and GB!

Tuesday, August 1, 2017

Morning Charts 08/01/2017 SPX /es

I'm gonna miss the mooch he told it how it was. 

So T's gone from warning about the bubble on the campaign trail to embracing it? Trump Tweets Dow 22,000 Today: Embraces Big, Fat, Ugly Bubble

Watch for 22k - till then you prolly need to know nothing else.

On to the lie -

SPX 30m - Channel and all the extras still working. 




More to come below.

Have a good day.


GL and GB!