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! 

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