Friday, January 13, 2023

Morning Post 01/13/2023 SPX

Bat shit crazy I’m tellin ya. People are bonkers. 

Good v evil  - evil is here and spreading, it’s evident  

On to the lie - 

Minis of 40. 4k and diagonal resistance rejected price for now. STB directionally challenged rn. This thing could seriously go either way at this point. Waiting on Fed or event. Very tough spot here. A break in resistance or breakout without QE? In this environment? At what I see as still very elevated historical valuations? Normally I’d be hollerin reversal here, but I just can’t go there, yet. 

More to come below. 

Have a good weekend. 

GL and GB! 

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