Friday, January 30, 2026

Morning Post 01/30/2026 SPX

Good morning STB!

Look up! 

Good v evil

On to the lie - 

Minis recover a bit to be off 40. Super narrow rising wedge very near the end. Warsh is the Fed nominee. A supposed hawk? Shouldn’t he be ending the Fed? In the meantime, UST10 is holding its 200dma and the central channel diagonal support. With the dollar situation, yields should continue to rise. Bitcoin is charting well. After being rejected by the 50dma resistance for a week, it fell and hit the old HnS neckline diagonal support this morning. There’s a more dominant support diagonal below around 77k. 

Have a great weekend. Stay warm. Got my crisis garden seeds ordered and will be starting them soon. Spring just around the corner. 

GL and GB! 


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