Morning Charts 01/31/2019 SPX

It's not rigged or controlled or anything like that at all .... I promise! Jeff Gundlach Slams "Embarrassed" Fed's Powell For "Caving To The Stock Market"

Freedom! Nah, this is not Orwellian at all. Just like the Facecrime thing with the catholic kids, don't you get all caught up in conspiracies. Now, Refrigerators Are Watching Us Too: "Smart" Coolers Are Coming To A Store Near You


On to the lie -

SPX 60m - Best I got right now. Price came back up and filled the island gap as expected. IHnS clear as day, but we're at the target of the last IHnS. Can they double up? I'm not so sure about that, but with a doveish Fed ... Let's just stick to the potential rising channel scenario I presented a few days back and not get too carried away with any projections right now. Way too much turmoil out there to get behind a move either way quite yet. Let them show their hand. Up to the 2750 area is major resistance for SPX. Should be tough sledding up to there.

More to come below.

Have a good day.

GL and GB!

Morning Charts 01/30/2019 SPX

The Fed Will "Massively Disappoint" Markets Tomorrow: Here's Why Will they?

Employment and earnings today did well (and we're finally beyond AAPL earnings so things can normalize again).

It's a roll of the dice this morning. Even the charts are AC/DC right now.

LOL - Maduro "Open To Talks" As 20 Tons Of Gold Mysteriously Disappears From Venezeula's Vaults


On to the lie -

DOW Weekly -  I'm watching the 50ma here for resistance. 24,892. There is all sorts of MA resistance just above all over everywhere.

More to come below.

Have a good day.

GL and GB!

Morning Charts 01/29/2019 SPX

As I like to say, the markets are nothing more than a distraction. Then again, what is real? ZH reading typical gloom and doom as the truth is there but no one really cares. Good vs evil. Let's just hope there are more of us with some sort of sense left in our heads than it appears. If not, the showdown is gonna be .... biblical.


On to the lie -

SPX 60m - OK, Island gap in yellow. Then watch to see if the blue channel up forms out of this broken down rising blue wedge. As far as patterns go this fits the IHnS (which can be seen very clearly on this chart) scenario best. STB's not quite into all this bullishness quite yet. Daily macd hist falling nailed yesterday and may set the trend sideways to down for a few days.

More to come below.

Have a good day.

GL and GB!

Morning Charts 01/28/2019 SPX

Everything is a mess. Everything. We gotta let earnings play out this week. Then what the Fed says goes. It's bad out there and getting worse. 


On to the lie -

SPX Daily -  OK, so there is a plethora of resistance and then the IHnS. So, do we head south or get the biggest suckers rally of all time? STB nailed the last IHnS that's topping here, but I'm not near as sold on this one. So much resistance above. Who knows?

More to come below.

Have a good day.

GL and GB!

Morning Charts 01/25/2019 SPX

THEY WANT US DIVIDED! They must have us divided to maintain control and stay in power. The Ruling Elites Love How Easily We’re Distracted and Turned Against Each Other

#Liberalismisamentaldisorder



On to the lie -

Fed to ease? Fed Considering Earlier End To Quantitative Tightening  So the Fed is going to try and delay the inevitable? Watch for insider selling to ramp up.

Or do all the arrows point to disaster (as they should) "There Are Going To Be Shocks" - Barclays CEO Warns Another Financial Crisis Is Likely



DOW Weekly - We're beyond the end, it's just a matter of when and not if. I'd say some LT options on the VIX exploding would be worth a small bet. Remember, you need to be diversifying OUT OF THE DOLLAR into real tangible assets at these inflated levels. The best trade now is trading worthless fiat for real tangible assets (like gold for instance - it's almost like getting it for free).

More to come below.

Have a good day!

GL and GB!

Morning Charts 01/24/2019 SPX

For those idiots that have done the 23andme thing or the like - Uncle Sam Wants Your DNA: The FBI's Diabolical Plan To Create A Nation Of Suspects

In this Orwellian world - never mind - we've all gone too far. There is no freedom, I hope you realize that. It's all an illusion.


On to the lie -

SPX Daily - Really tough spot. Could reverse here but there is a little room left to run up to some very hard MA resistance. Not sure what price wants to do. I'm advising extreme caution.

 More to come below.

Have a good day.

GL and GB!

Morning Charts 01/23/2019 SPX

Good vs. evil everywhere. In your face socialism/fascism 1984 Orwellian nightmare.

Markets are a distraction from reality.

This is a fight for all the marbles.


On to the lie -

SPX 2hr -Is this a massive falling wedge? If so we go to E, which in the scheme of things wont be all that bad,

More to come below.

Have a good day.

GL and GB!

Morning Charts 01/22/2019 SPX

I think we're gonna reverse course sooner than later. I also don't like the prospects much either. https://www.zerohedge.com/news/2019-01-22/nomura-stocks-begin-their-re-correction-watch-out-below-2600

Remember I've said for years that no one will hang around for this next crash. Fool me twice, but not a third time. When they head for the exits, it's gonna be a stampede. UBS Tumbles On "Very Poor" Results As Clients Pull $13 Billion

On to the lie -

SPX Daily - 100dma crossing under the 200 is never a good thing. Resistance at the diagonal and then ultimate R at the 100 and 200 dma's. 2714 is 61% retracement of the last fall, so were smack dab in the middle of a lot of resistance and turnaround point.

More to come below.

Have a good day,

GL and GB!

MLK Day 01/21/2019

Gotta love it when the first chart I post after a massive layoff is a doozie. How about that IHnS target!

Morning Charts 01/18/2019 SPX

Almost well.

All sorts of things lining up as resistance. Not impossible to break through but should be difficult.


Good vs evil

Societal breakdown

Globalist agenda not defeated yet.


More to come below.

Have a good day.

GL and GB!

Morning Charts 01/17/2019 SPX

guess what?  Still sick. Not deathbed but just can’t get over this cold/fever thing.

I’m really too tired to even read twitter much.


On to the lie -

SPX 60m - shy of the IHnS target by major resistance at the 61% retracement just ahead.

More to come below.

Have a good day.

GL and GB!

Morning Charts 01/16/2019 SPX

ok one more day of this and I’ll admit myself to a hospital. Can’t shake this cold. Wild just when I think I’m over it - it cranks back up.

Sorry but the way I feel I have no interest in getting anything done. Right now I feel better, but not sure how long it will last.

Morning Charts 01/15/2019 SPX

Still feel like ass. Half ass. Not total ass.

Just miserable.

Morning Charts 01/14/2019 SPX

Had dinner with the magnificent, elegant, gracious, wisest of them all RC Saturday night. What a treat. He's even better in person than on the blog. I have to get rid of disqus and get a new comment system and he will come back.

I'm STILL sick! Flu turned into a nasty cold.


On to the lie -

Still getting back in the groove and everything. May take a while to get into a flow that works. 

I'm very bearish,

SPX 60m -

More to come below.

Have a good day.

GL and GB!

Morning Charts 01/11/2019 SPX

early post

Morning Charts 01/10/2019 SPX

all better!  Not 100% me but ...

I may get to meet RC today!

Headed into work.

More later.

01/09/2019

feeling better.  I HOPE I make it into the office tomorrow do a bit.

Can’t wait to do a write up on how I beat this c_a/military grade strain of the flu.  Three days of hell.

01/08/2019

Flu/feaver kicking my ass. Miserable

01/07/2019

Sorry. Got a terrible feaver. Should have done an early post.

Morning Charts 01/04/2019 SPX

EARLY POST

Morning Charts 01/03/2019 SPX

Travel day for STB.

I may get something up

Have a good day.

GL and GB!

Morning Charts 01/02/2019 SPX

See my first comment below.


Have a good day!

GL and GB!