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!
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!
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!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Keep it civil and respectful to others.