Friday, May 19, 2023

Morning Post 05/19/2023 SPX

Good v evil 

On to the lie - 

So, I mentioned the rising triangle. If up, two scenarios. The one I prefer, was it good for you? A quickie like last time to 4300 and that’s it. The other is the triangle scenario plays out and 4600 becomes the target. Since 2010 I’ve said to check your brain at the door because this market isn’t real and doesn’t “have to” do anything you think it should. Mainly, the market is a distraction from reality. STB best trade and preparation are the solid call. Something is gonna break, best to be ready for that. 

More to come below. 

Have a good day. 

GL and GB! 

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