Wednesday, November 14, 2018

Morning Charts 11/14/2018 SPX

Supposedly the Rothschild’s are selling off all of their trust businesses. This comes on the back of them selling some large real estate parcels. The last time they did this was before WW1. Interesting if true.

On to the lie -

Testy and tough spot for price. Xmas ramp or continued downside movement? Both sides arguable. Israel conflict should have everyone spooked a good bit. Division in US is a real problem. Globalism failing is another major problem (depending on your perspective). We’re in look and see mode right now. Let the market show its hand. If down will be clear as day. Up will be limited and be more like consolidation I think.

More to come below.

Have a good day.

GL and GB!

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