Friday, August 16, 2019

Morning Charts 08/16/2019 SPX

Couple of twitter threads to share today to bring you up to speed on some of the more major corruption issues -

https://twitter.com/docrock1007/status/1161389152560177158?s=21

https://twitter.com/gregrubini/status/1162032906652585984?s=21

And my Twitter is here - https://twitter.com/neverherorhim/status/951414480516284416?s=21


On to the lie -

SPX and DOW are just under the midpoint of the extreme consolidation area. Could become resistance point and consolidate in the lower half (or the danger zone) of the whole. Bottom line is there are potential flashpoints everywhere. Most are political so no telling how the markets will react to those.


More to come below.

Have a good day.

GL and GB!

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