Friday, April 29, 2016

Open Weekend Post 04/30-01/2016

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 04/29/2016 SPX /es

Simple - all we can do is wait - Icahn: Markets will have 'a day of reckoning'. When? No one knows, but the bottom line is it will come as sure as the sun rises every day.

On to the lie- 

SPX Daily - Resistance, busted blue wedge support and that nasty daily candle yesterday. Does not look good for bully.


SPX Weekly - I'm gonna try and stick with my hopes of one last dump and pump to set a final weekly neg div and send this thing to its grave in an appropriate technical manner. This is not necessary, but what I'd prefer to see.





More to come below. 

Have a good weekend. 

GL and GB!

Thursday, April 28, 2016

Morning Charts 04/28/2016 SPX /es

Pretty simple - you take the candy away and everyone cries - Japanese Bloodbath After BoJ Disappoints - Nikkei Drops 1000 Points, USDJPY Crashes.

On to the lie - 

Read this - 2.607 Days Later, The "Most Hated Bull Market Ever" Is Now The Second Longest In History


SPX 30m - Maybe that RS and the HnS is gonna play out. Sadly it takes an event to make it happen and natural forces can't do it on their own. She's been trying to roll over for weeks now, maybe this will be one of the last straws?



Freedom watch - 

Hmmm - The Mysterious Case of Ted Cruz PAC’s $1/2 Million ‘Donation’ to Help Carly Fiorina

“And you have to wonder whether these women, one of whom worked for the Carly Fiorina campaign, and then shortly thereafter Ted Cruz pays Carly half a million dollars. Ted despises Carly, and Carly despises Ted. What is the $500,000 for? Can you say hush money?”


More to come below. 

Have a good day. 

GL and GB!

Wednesday, April 27, 2016

Morning Charts 04/27/2016 SPX /es

Apple - Schmapple - It's all about Grandma - Futures Ignore Apple Plunge; Oil Rises Above $45 As Yellen Looms

On to the lie - 

Nothing maters till Granny gives marching orders. 

SPX 5m - Just about the same situation three weeks ago where everything looked south and they lit an afterburner. Not saying that's gonna happen, but with gravity going its thing to AAPL she may choose to light another fuse.



Freedom watch - 

It's their club and you ain't in it. What this tells me is that 50% of Americans are ignorant as hell - Which 50% do you think I'm talking about? Exclusive: Half of Americans think presidential nominating system 'rigged' - poll




More to come below. 

Have a good day. 

GL and GB!





Tuesday, April 26, 2016

Morning Charts 04/26/2016 SPX /es

Sure, this makes all the sense in the world we're roughly 50 points away from ATH and what ..... ? "This Is The Longest Uninterrupted Selling Streak In History" - Smart Money Sells Stocks For Record 13 Consecutive Weeks. The poor sheeple saps. What the sheeple think is a great deal is not reality as markets continue to rise and provide the mask for the elite's wealth transfer scam.

On to the lie - 

All that matters today - As Fed Meeting Begins Futures Are Flat In Sleepy Session; Apple Earnings On Deck


SPX 30m - Possible HnS.


SPX 60m - She's still trying to roll over. The large wedge has busted support and price has overthrown all sorts of other formations.


Freedom watch - 

Again - for those with a fixed pension income - it CAN happen to you as well and most likely will - Major UK Pension Fund Slashes Benefits As Funding Crisis Spreads


More to come below. 

Have a good day. 

GL and GB!

Monday, April 25, 2016

Morning Charts 04/25/2016 SPX /es

Well they made it easy for us this week and gave us a road map - Key Events In The Coming Central Bank-Heavy Week.


On to the lie - 

You should prolly look at this - On April 28th, The US Equity "Bull Market" Will Become The Second Longest Ever
 

SPX 60m - Wedge support is gone. It keeps trying to roll over, bless its soul, but just can't (or they won't let it). 



Freedom watch - 

Pretty simple - they are taking it all - for themselves - The UN and the Oiligarchs Are Teaming Up to Take Over the Oceans



More to come below. 


Have a good week. 


GL and GB!

Friday, April 22, 2016

Open Weekend Post 04/23-24/2016

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 04/22/2016 SPX /es

Not much to say today.


On to the lie - 

SPX Weekly -Would love to see a pop to ATH to set these negative divergences. 




More to come below. 

Have a good weekend. 

GL and GB!