Morning Post 11/13/2023 SPX

Vatican has completely lost it with the cancellation of Strickland. 

Good v evil 

On to the lie - 

Friday was another middle finger to anything remotely normal in the market. I have no issues with up a bit here. It’s how it goes up. It’s broken. It’s criminal. STB has called the corrective here. As mentioned many times, technically up is broken and down still works sometimes. She needs to pull back a bit here. Sad how the manipulators just care about profit and not the health of the market. 

More to come below. 

Have a good day. 

GL and GB!

Veterans Day 2023

Many thanks to the Veterans and their families for their service and sacrifices. 

Sincerely, 

STB

Morning Post 4/10/2023 SPX

Good v evil 

On to the lie - 

Minis up a bit. Cash dipped to the 50dma support yesterday.  Basically the setup is - resistance at 4400 round number and price point - then support at the two lower MAs. You know my thoughts. Sideways for a bit then much lower consolidation. 

More to come below.

Have a good weekend.

GL and GB! 

Morning Post 11/09/2023 SPX

Good v evil 

On to the lie - 

STB out of commentary till they make their next move. All options are open for them since they don’t have to follow any rules. 

More to come below. 

Have a good day. 

GL and GB!

Morning Post 11/08/2023 SPX

Good v evil 

On to the lie - 

Minis flat. Markets are attempting to distribute all that hot air that was pumped up its backside last week. What was once a marathon is now a series of sprints. Nothing natural, all reactive/manipulative. Bears worst nightmare here - down to form a right shoulder for an inverse HnS that would target a double top. That’s not where I’m at, just noting the possibility. Actually, I’m not sure that they’d survive much downside here at all. Me thinks they have to push up from here a bit more. If I’m right, this is a corrective or pause before another large leg down. 

More to come below.

Have a good day.

GL and GB! 

Morning Post 11/07/2023 SPX

Good v evil 

On to the lie - 

Minis off a bit. I’ve seen em pull off some amazing maneuvers, whip sawing the DOW 50dma in a week to avoid a bear cross with the 200 might make their top 5 manipulation plays of all time. SPX doing all it can to stay above the 50dma, but other resistance is there. STB was only looking for a period of corrective sideways action here, so a little more upside can be tolerated. Difficult calling a rigged market. Downside action is about the only time technicals still work. 

I’ll add - where price and MAs are, very dangerous still. All they’ve managed was to get their head back above water. Now do they tread, can they swim to shore  or sink again? If I’m right they bob up and down for a bit then go under for an extended period and possibly drown  

More to come below. 

Have a good day. 

GL and GB! 

Morning Post 11/06/2023 SPX

Good v evil 

On to the lie - 

So, I was thinking up and sideways for a few weeks. Last week was a bit excessive. Dramatic? Those gaps will get filled. By going up so fast, technically they lost a lot of room to go sideways. Disclaimer they make the rules, so … my initial thoughts are in tact but the parameters may have changed. 

More to come below.

Have a good day.

GL and GB! 

Morning Post 11/03/2023 SPX

Good v evil 

On to the lie - 

Minis up 20. It’s been a red hot week pulling out of the danger zone. Well, now we drift for a few weeks, could drift through December. Watch the MAs. Upper megaphone resistance diagonal near 4400. 

More to come below. 

Have a good weekend.

GL and GB!