Thursday, May 20, 2021

Morning Post 05/20/2021 SPX

Unless you’re into complete idiocy the news is a bit dull today. Tucker may be trying to force disclosure. 

Good vs evil 

On to the lie - 

PPT may have been in action overnight to pull the minis up from being down over 20. PPT definitely did it’s job yesterday pulling SPX from down 58 and under the 50dma to close down 12. More jittery than Camel toe around a crack pipe looking for her sugar daddy to bring her a fix.  As mentioned in comments last night - part of the reason I made my soon to be epic down call was the pre-announced liquidity issue. Same way I made every top call in the past. No QE = No market Formulas don’t get any easier than that. 

https://www.zerohedge.com/markets/fed-alert-overnight-reverse-repo-usage-soars-above-covid-crisis-highs

More to come below. 

Have a good day.

GL and GB!

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