Monday, May 6, 2019

Morning Charts 05/06/2019 SPX

CHINA!!  LOL told ya. China or Fed news are about all that move markets these days. Even with CHINA!!! still in the game the markets are freaked out - which says - People in the markets are overdue to freak out and want some profits at these treacherous ATH.  https://www.zerohedge.com/news/2019-05-06/beijing-says-trade-delegations-trip-washington-still-happening-despite-trump

Still not sure how the markets are gonna react to massive social unrest and FF situations when the shoe of justice falls on the other foot. Shits about to get wild folks when POTUS enacts his just revenge. Not really sure how many politicians will be left in DC when he’s done cleaning house - if things go as they should.

If you have not seen this you should - https://www.zerohedge.com/news/2019-05-05/senate-dems-shocked-their-own-poll-showing-70-prefer-kavanaugh-over-rbg

On to the lie -

Let’s remain calm till ... just chill. Still in consolidation zone at major resistance. I see potential weakness, but at this time I’m not gonna start panicking. Not quite yet.


More to come below.

Have a good day.

GL and GB!




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