Thursday, August 1, 2019

Morning Charts 08/01/2019 SPX

August baby. That means NCAA football is almost here.

If any democrat gets elected we’re fucked. What a shit show they are.

Comey dodges early arrows. Bigger ammo to come.


On to the lie -

Fed gets roasted by Trump and the markets. https://www.zerohedge.com/news/2019-07-31/hawkish-powell-rate-cut-sparks-market-turmoil Hopefully they are not long for this world.

Also, apparently round numbers don’t mean shit for support on DOW and SPX.

That last drop of 40/400 felt more dire and dangerous. This spanking could be just getting started. Will have to wait and see. Levels are idiotic. Support is sparse. I’ll give targets if it looks to continue.

More to come below.

Have a good day.

GL and GB!



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