Friday, September 30, 2022

Morning Post 09/30/2022 SPX

Good v evil 

On to the lie - 

I’ll be brief - SPX 200wma, 50mma, 3600, the channel resistance diagonal from my channel off the ‘09 lows (the one with the diagonal support of death) are all support points right here. Then 3500 sits. Then 3200 with the 38% retracement of the ‘09 lows (my fav) is just below. Short term -daily-TA is ready for reversal. Longer TA still has lots of room - for instance the monthly 20ma has barely acknowledged this whole move south. I’ve been talking of a potential pop to 3900 or the island gap at 4075. Also a gap through all this support and continuation is basically guaranteed (agenda 2030 is happening). 

She’s made it back to our old friend the rising channel! Which should be irrelevant at the pace this market is collapsing. For instance 3200 and the diagonal support of death (14 years support diagonal!) meet at the end of 2023. That means over the next year the market loses only another 10% and forms a massive base. That’s highly optimistic. 3200, 2200 and 1600 remain my targets - and if we make 1600 the devastation will be so bad we’ll need a miracle. 

That was brief. LOL 

More to come below.

Have a good weekend.

GL and GB!

Thursday, September 29, 2022

Morning Post 09/29/2022 SPX

Good v evil 

On to the lie - 

Minis after recovering losses just took a nose dive and are off 55. After yesterday’s ramp, whatever. It’s broken. 

More to come below.

Have a good day.

GL and GB! 

Wednesday, September 28, 2022

Morning Post 09/28/2022 SPX

Long cold winter. I thought cause Putin controlled the gas. Wrong! The dumb asses just cut their own energy off. 

Good v evil 

On to the lie - 

Minis off 24. That’s pretty damn good considering NS 1 and 2. Down probabilities increasing with new lows. Without intervention no telling how low it would be. 

More to come below. 

Have a good day. 

GL and GB!

Tuesday, September 27, 2022

Morning Post 09/27/2022 SPX

Good v evil 

On to the lie - 

Rather than retype I copied my comment from early yesterday - Possible move up to 3900 here. While there is a new HnS and we’re in the breakdown of that - a move back to 3900 to check the neckline is possible. Just pointing out some of the technical possibilities that exist. With rsi at a reversal point and oversold conditions ya never know. Thus I’m non committal to direction here - which is unusual. The bottom could and deserved to fall out, but they’re in control. There’s room for them to let the process play out to 3500-3200 if they’d just allow it. Which they should. There is also the issue of the island gap up to 4075.

If they, right or not, brought back QE and started cutting rates markets would shoot off faster than a 15yo. I’d even have to scalp then. But don’t be fooled! The light at the end of the tunnel is a train. Midterms. It’s all about the midterms and then a long journey back to begin repairing PJs destruction. The globalists aren’t through yet. This may become their most desperate time yet. 

More to come below. 

Have a good day.

GL and GB! 

Monday, September 26, 2022

Morning Post 09/26/2022 SPX

Italy gets one for the good guys - supposedly. Our “election” inching closer. They can’t lose control. FF possibilities all over. 

Good v evil 

On to the lie - 

Minis off 26. They (Fed and friends) desperately need to regroup, short pressure is enormous. They want that fuel but can’t use it here - I think. Never underestimate how rigged this market it. 35k, 34 and 32 are supports. Consolidation support could be lost. Y’all know what I want and it involves a lung and blood and .. y’all know. But as we preach here and all have learned, nothing has to happen. So, we cautiously watch the rigged market. Everyone huddle up at 3500? 

More to come below. 

Have a good day. 

GL and GB! 

Saturday, September 24, 2022

Open Weekend Post 09/24/2022

Y’all have at it. 

It’s the 24th. Well …. we’re waiting. All I know is something is supposed to go down today. 

GL and GB! 

Friday, September 23, 2022

Morning Post 09/23/2022 SPX

Everyone okay? These equinox things creep me out. “Winter is coming” has a different ring to it this year. 

Good v evil 

On to the lie - 

Gotta love it when the “experts” finally get near your most beloved target - over a year after you call it. Wonder how long it takes them to get to my lower targets? See Goldman below. Minis off over 50. New HnS targeting 3475. Like I said yesterday - Overall could be wide consolidation area 3650 up to 3900 or it could just puke a lung and get on down to 3500 where it belongs. 

More to come below.

Have a good weekend. 

GL and GB! 

Thursday, September 22, 2022

Morning Post 09/22/2022 SPX

Good v evil 

On to the lie - 

Minis were off 35, but only off 7 now with range over 66. That’s a wild overnight ride. 3800 support clinging now. That’s above cash close, so I’m not really sure what’s gonna happen at the open. As for cash there are multiple tiny little support points down to 3650. Overall could be wide consolidation area 3650 up to 3900 or it could just puke a lung and get on down to 3500 where it belongs. 

More to come below. 

Have a good day.

GL and GB!

Wednesday, September 21, 2022

Morning Post 09/21/2022 SPX

So SO has really ramped up his catastrophe posts the pat month or so. Like you can feel his obsession with it. Hey, I get it. Y’all feel the same from me when I get on a (3200 cough, cough) serious tangent. At least I’m only discussing the destruction of financial markets and not civilization. Anyway, I assume most regulars are familiar with SO and this topic, but if not see the video I’ll post In comments below. If he’s right and the Bible is right, we got Armageddon, rapture and all sorts of stuff coming soon before the sun does another great reset of the earth relatively soon. Buckle up buttercup. 

Good v evil 

On to the lie - 

Minis up 14. Under 3900 resistance. Follow the Fed, simple as that. 

More to come below.

Have a good day. 

GL and GB!

Tuesday, September 20, 2022

Morning Post 09/20/2022 SPX

Glad to still be here. We survived the 19th, the 24th will be the next hurdle. 

Good v evil 

On to the lie - 

Minis off 17 to 3900 round number support. That should keep cash under that resistance at least at the open. So it’s quiet with little clues. 

More to come below. 

Have a good day.

GL and GB!

Monday, September 19, 2022

Morning Post 09/19/2022 SPX

Good v evil 

On to the lie - 

Minis off 24.  Not much support at all but it’s from 3800 to 3650. 

More to come below.

Have a good day.

GL and GB!

Saturday, September 17, 2022

Open Weekend Post

How’s that for a throwback title?

Have at it. 

Go Dawgs!

GL and GB! 

Friday, September 16, 2022

Morning Post 09/16/2022 SPX

World is going mad. Must be something in the water or air (maybe even outer space). All three together? 

Good v evil 

On to the lie - 

Minis off 33 taking out 3900 support. That won’t help cash one bit. Two things to know about cash. First there’s an open gap at 4200. Second, on the daily they left an island gap up to 4075 within that 75 point train wreck open the other day. More SPX fun facts - 20ma will go back under the 50 today. Did you know the 20, 50 and 100 are all within 30 points? Super support around 3500 with weekly 200 and monthly 50 HnS target- but I still want full retracement and my beloved long called 3200 to come to papa. Around November 15 3400 has one of those possible obvious points to target. 

And for the permabears out there - the monthly 20ma is just now finally hinting at hooking south. Like it was so out of whack it’s finally noticed this correction. Get that bad boy rolling south and real pain will be coming down the tracks. GL fighting that Fed! 

More to come below.

Have a good day.

GL and GB!

Thursday, September 15, 2022

Morning Post 09/15/2022 SPX

We discussed prepping for a decade here. STB’s favorite trade has been fiat for tangible assets and barterable items. Hope y’all paid attention. 

Good v evil 

On to the lie - 

Minis flat ahead of potential rail strike that would effectively be a leg sweep of a crippled economy. Yup, seems like a USA destroying democrat ploy to me. Got food? Market will probably have a positive reaction to a strike I’m guessing (the new normal). But maybe not, price seems to be reflecting reality despite their whims (thus TA working again). 3900 - 4k consolidation. 3500 next solid support. 3200 my favorite (but some MAs have moved above that sadly). 2200 - 1600 not out of the question, need to see midterm results. 

More to come below. 

Have a good day. 

GL and GB! 

Wednesday, September 14, 2022

Morning Post 09/14/2022 SPX

Yesterday was somewhat satisfying. I know it’s bad for people and such, but ..:

Good v evil 

On to the lie - 

Second nastiest day I’ve ever seen. Worst one day technical support slaughter ever. I’d been bitching about their up moves, and what they falsely pushed through. Mrs Market full facial’d the Fed yesterday. So satisfying. 3900 support and 4k resistance. 

More to come below. 

Have a good day. 

GL and GB! 


Tuesday, September 13, 2022

Morning Post 09/13 2022 SPX

Good v evil 

On to the lie - 

Minis up 30. What a joke. Times like this when even blind men can see how rigged this shit is. Risk on my ass. 

More to come below.

Have a good day. 

GL and GB!

Monday, September 12, 2022

Morning Post 09/12/2022 SPX

Good v evil 

On to the lie - 

Minis go up, down and back up. Resistance minefield from 4100 to 4200. The move up last week - the Fed proved anything can magically happen in their world - and you should probably expect it. 

More to come below.

Have a good day. 

GL and GB! 

Saturday, September 10, 2022

Friday, September 9, 2022

Morning Post 09/09/2022 SPX

Numerologists may not like today’s date if you invert a couple numbers. 

Good v evil 

On to the lie - 

Minis up 32. Queen dying is a market positive? They’ll move cash up just enough to gap the FOUR strong resistance points standing in its way. This is somewhat surprising to me and a major leap to find support (of which it had very little). She had 3500 written all over her if they didn’t make this move. Delaying the inevitable I guess. Sledding uphill isn’t that easy though. Two more resistance areas lie ahead. I’d expect consolidation. Not sure what they’re up to. Pigs get slaughtered.

More to come below.

Have a good weekend.

GL and GB!

Thursday, September 8, 2022

Morning Post 09/08/2022 SPX

Good v evil 

On to the lie - 

Minis flat. They put gas in the carburetor yesterday. Think it will start the engine? May have set up a little HnS targeting 3500. 

More to come below.

Have a good day.

GL and GB!


Wednesday, September 7, 2022

Morning Post 09/07/2022 SPX

Good v evil 

On to the lie - 

Minis flat now but were down most of the night. 3900 barely hanging on. Two big MAs lie with 3500 round number. Should be next major stopping point. 

More to come below. 

Have a good day. 

GL and GB!

Tuesday, September 6, 2022

Morning Post 09/06/2022 SPX

Good v evil 

On to the lie - 

Minis up 25. Cash has 5 strong resistance points from 4k to 4050 and one not so great support point at 3900. 3500 to 3600 is where the support lies. I could actually make a case for an 1100 point HnS targeting 2600. It’s actually there, but let’s just say I mentioned it. 3200 remains my favorite target with 2500 to 2200 in the mix. I’ll probably have to find an even lower target soon enough. 

More to come below. 

Have a good day. 

GL and GB!

Monday, September 5, 2022

Happy Labor Day 2022!

Thanks to all those still working! 

Good v evil 

On to the lie - 

Minis move from up 15 to off 5. To keep it simple, 39 support to 4k resistance. Cliffhanger. 

More to come below. 

Have a good day. 

GL and GB!

Friday, September 2, 2022

Morning Post 09/02/022 SPX

Our president is a douche 

Good v evil 

On to the lie - 

Minis suddenly spike to 4k resistance. Move from off to up 35 just under 4k resistance. Cash has 4 solid resistance points from 4k up to 4052. 

More to come below. 

Have a good day.

GL and GB!

Thursday, September 1, 2022

Morning Post 09/01/2022 SPX

Welcome September!! Holy crap the defending National Champions University Of Georgia Bulldawgs play this Saturday. You do know UGA is the defending NATIONAL CHAMPION right? World Cup coming soon as well. 

Good v evil 

On to the lie - 

Minis recover a bit to be off only 14. SPX support is 3900. DOW support 31300. I’d expect more weakness in SPX than DOW going forward. Flock to safety. I want them to revert to their historical 10% relationship. Balance restored. Pipe dream I know, but we’ll see. FYI DOW has a strange parabolic support that could indicate complete collapse - had to throw that out there - this would most likely coincide with the Dems doing something to cause cancellation of midterms. 

More to come below. 

Have a good day. 

GL and GB!