Friday, May 27, 2016

Open Weekend Post 05/28-29/2016

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 


Have a good weekend. 

GL and GB!

Morning Charts 05/27/2016 SPX /es

early post and possibly the only post. 8th grade breakfast this morning. Have no clue when I'll be in.

If I get in I'll get something up. If not you'll get something below for sure.


More to come below.

Have a good weekend.

GL and GB!


Thursday, May 26, 2016

Morning charts 05/26/2016 SPX /es

Fed speak later today. 

This one has my head spinning a bit - "Dovish" Fed Expectations Collapse To Lowest Since 2015. This adds to my upside down stance where I've been for a month or so - everything should collapse but it isn't for whatever reason.  

On to the lie - 

SC not accepting updates to charts right now - may be a Java problem on my end. I'll try and get up some more charts below. Let me know if u want levels.

SPX Daily


Freedom watch - 

It's that bad - Least Transparent Ever - The Truth About Obama's Liberal Potemkin Village



More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 25, 2016

Morning Charts 05/25/2016 SPX /es

Ah, exam week for the LS's. LS2 completes middle school today - OH WHAT A JOY that is. LS1 still has 2 more exams. Just learned that I have a breakfast to attend Friday, so Ill be late then as well. This takes us into the STB summer schedule that will start next week. Usually in the summer I get the posts done at night and roll in whenever in the mornings. I'd prefer to have the futures to cheat off of and other things that pop up in the mornings, so I'll try and be a bit less of a sleepy head and get some morning posts up. 

when the big money stops spending, everything grinds to a halt - to me this was a significant top marker in '08 - Tiffany Shares Slide After Biggest Sales Drop In 6 Quarters, EPS Miss, Guidance Cut.

On to the lie - 

SPX 60m - Larger HnS is in the RS now, if it is in play - target is in black.

 
SPX 15m - Gonna blow thru some neg divs at the open. Over 1085 and that's a higher high. Really screwy price action - not sure how many bears there were to stick it to. I'm assuming not that many, which leads me to believe this rally will fizzle sooner than later.


Freedom watch - 

She's a fucking elite criminal and half of the country is dying to have her as president - the end is closer than you think - Here's The Full List Of Organizations That Paid Hillary Clinton From 2013-2015 and if you don't know about Vince Foster (or the other 47 deaths associated with this evil psychopath) you should.    


More to come below. 

Have a good day. 

GL and GB!

Tuesday, May 24, 2016

Morning Charts 05/24/2016 SPX /es

And they somehow maintain control over price? Must be nice to be in total control - The Fed's Loss Of Credibility Is Real: This Is What It Looks Like

"Which raises the question, “why tighten now?” Inflation below target, but too many jobs being created seems an odd rationale after so many lean years.

With equities still hovering near all-time highs despite earnings being suspect, and global trade under attack, it’s hard to argue anything priced in.

What cost are they prepared to pay to give banks better net-interest-margins?"

On to the lie - 
 
SPX 15m - Well, last week I was all over consolidation and Black resistance and Blue support. Other than that brief moment of insanity when price dipped to 25, they are hanging in there not allowing price to fall as it should be. The pop this morning should keep price under Black resistance - can the bears keep it there is the question. 2064 s/r is tr really big number to watch to the upside. The large HnS is still in play and should not be discounted.

 
SPX Weekly - It's really clear what the Fed is fighting here as price consolidates above MA support and under critical Black resistance diagonal and 2064. They are fighting to stop the next leg down (and it would be a big one). So they went hawkish? At this point? Balsy! Funny, that big ass HnS everyone is looking at is that tiny little area making that top at resistance here. Looks a lot bigger elsewhere. That's OK you can see an even bigger one here - that's what scares the Fed.


Freedom watch - 

We're doomed. 




More to come below. 

Have a good day. 

GL and GB!

Monday, May 23, 2016

Morning Charts 05/23/2016 SPX /es

early post. I have a board meeting this morning so no post. I'll be in around 10 I guess. I'll get on it then and put up some charts below.

5 and 15m charts are good right now. Weekly ma support and 64 resistance should remain the band. Daily pos divs showing up. HnS possibility still in play. Anything above 64 and bully may break out of the nt channel down.

Have a good week.

GL and GB!

Friday, May 20, 2016

Open Weekend Post 05/21 - 22/2016

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 


Have a good weekend. 

GL and GB!

Morning Charts 05/20/2016 SPX /es

Well, you're on your own today. I'll have time here and there to check in, but that's about it. 

On to the lie - 

SPX 15m - Tough spot - not sure what the futures will hold at this time. Backtest busted support and neckline and fail or can a hawkish Fed do the impossible and push back thru resistance?



Y'all have a good weekend. 

OWP will be up at 4:00 

GL and GB!