Tuesday, August 20, 2019

Morning Charts 08/20/2019 SPX

Jackson Hole - remember the good ol days when the Fed would give you a clear road map to Xmas?  Moar QE or not.  Good times.  Let’s see what the post Bernanke supposedly post QE Fed has to deliver. BUT WAIT! Where will this fit into any announcements - the Fed will be used to take down Trump? WAIT! Who’s been discussing this off the chain conspiracy for over a year now? https://www.zerohedge.com/news/2019-08-19/former-cia-spook-fed-out-get-president-trump Y’all know STB loves being ahead of the curve.

I’m pretty sure I don’t have to address the Epstein farce with STB. Y’all get it, right?

On to the lie -

Markets at resistance in the middle of the massive consolidation range. Simple as that. ATH resistance above and abyss below. Be prepared for the worst. Diversification out of fiat is good.

More to come below.

Have a good day.

GL and GB!

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