Good morning STB!
Update - new blog will happen. I dragged my feet. Even Mrs STB is mad at delay. Sorry. No hope in recovering comments section. We’ve been censored.
Chart book will return as well. More limited tho. New blog will be expanded and cover ALL our favorite topics. Morning post won’t change. Added content as it is relevant from pole shift to gardening will be included.
Good v evil
On to the lie -
Minis up 20 after pulling back a bit. So, they created an island gap below yesterday. Note that. 5750 and the 200dma next resistance. They really want that recaptured and to become support. I called for a dramatic break of support, also a break of resistance. Got em both. Both were necessary to form a larger falling wedge to define the start of the coming reset. The consolidation period wasn’t as long as I’d hoped for. Short term indicators say a turn south is due, but daily isn’t ready to turn yet. Choppy market not showing any patterns I have confidence in yet. Possible measured move to 5800 happening. Reset coming. I wouldn’t put the final suckers rally out of the question. They’re supposed to be painful. I’m not calling for it, but retail is the only thing buying this mess.
Have a good weekend.
GL and GB!
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