Monday, August 26, 2019

Morning Charts 08/26/2019 SPX

CHINA!!! LOL.

Arkancide - https://www.zerohedge.com/news/2019-08-25/long-enemies-state-keep-dying-trial-no-one-should-trust-state

It’s just the army having domestic drills, nothing to see here. https://www.zerohedge.com/news/2019-08-25/us-army-tries-calm-residents-about-upcoming-wave-military-drills-north-carolina


On to the lie -

Apparently the pop this morning may be just one side of the confusion/battle. https://www.zerohedge.com/news/2019-08-26/dazed-traders-wake-stock-surge-after-surreal-night

PPT - https://www.zerohedge.com/news/2019-08-25/offshore-yuan-crashes-new-record-low-tests-pboc-peg-band

Lots of fear porn out there right now. I’d say there are trillions of reasons to worry. You know I’m the most pessimistic big bear out there, but until we leave this large consolidation area don’t freak out quite yet. Things are bad. Really bad. House of cards. The abyss is below. They want to use the markets to hurt Trump. Upside should be severely limited. Be prepared for the worst, but don’t freak out quite yet. Let price tell you when to run.


College football is back baby!!!


More to come below.

Have a good day.

GL and GB!

No comments:

Post a Comment

Keep it civil and respectful to others.