Tuesday, May 6, 2025

Morning Post 05/06/2025 SPX

Good morning STB!

Well, for a brief moment yesterday I saw Tu in a comment section. It was a glorious moment. A victory for free speech. Sadly, the comment section vanished from my device by the afternoon. A moment of weakness for the PTB? A security lapse? Not sure, but it sort of backs my side of the story. They’re capable of delivering a comment section but won’t. 

Interesting new twist - you may not know this, but I’ve never been paid by Google, never. So all these years, no denero. About two weeks ago I received a notice via mail, how they found me I have no clue, that I was part of a class action suit vs google that won back pay  from google not paying. It wasn’t much, like $100 per year. Close to 15 million hits on the blog must be worth something? So, I wonder if the loss of the comment section was retaliatory for me being in a suit I had no idea I was in? 

Good v evil 

On to the lie - 

Minis off 45. Like I said the short term indicators said a turn was coming. A small rising wedge has broken down now. Daily indicators now seem are trying to confirm this turn. The 50dma at 5575 and just under that is another option for the support diagonal would be my first support targets. The potential patterns I try to see in advance are mixed. I can make a case for both ways. Maybe that means broader consolidation at a higher level? If I stick with my original game plan from the beginning (under throw to over throw to form a larger wedge as I called) now may be time for the next leg down. Thats going against the establishment and will require a catalyst. Patience is required. 

Have a good day.

GL and GB!


No comments:

Post a Comment

Keep it civil and respectful to others.