Thursday, April 23, 2020

Morning Charts 04/23/2020 SPX

I’ll let you chase the news. Too much to know where to even start. I know today’s headlines, but I’m more comfortable giving things a day or two to settle or get vetted before running with something.

Not/Worth the trade? https://www.zerohedge.com/personal-finance/565-americans-have-lost-their-job-every-confirmed-covid-19-death-us The ratio is worse cause they’re fluffing the death numbers as much as possible.

I’m still blown away at how fast things can deteriorate.

Good vs. evil as simple as that. Just be glad HRC isn’t President.


On to the lie -

Trippy stuff - SPX opening where it closed on the round number nestled tightly between the 60m 20 and 50 ma’s. How the hell its not dropping here .... I’ll give support or resistance numbers below after it makes up it’s mind on which way to go. Again, price defying all logic.


More to come below.

Have a good day.

GL and GB!

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