Thursday, November 23, 2017

Happy Thanksgiving!

Happy Thanksgiving!

Hope everyone has a great day with family and friends. 










GL and GB!

Wednesday, November 22, 2017

Morning Charts 11/22/2017 SPX

Should be quiet till next week.




On to the lie - 

SPX 15m - Was that it for the holiday ramp? Danger double top or breakout above the round number?

 




More to come below.

Have a good day. 


GL and GB!

Tuesday, November 21, 2017

Morning Charts 11/21/2017 SPX

Oh boy! This is a good one - BofA's Apocalyptic Forecast: Stocks Flash Crash, Bond Bubble Bursts In H1 2018, War May Follow. Nice of them to finally get of board, even if it is a half assed, CYA move that does not read a genuine.

On to the lie - 

SPX 15m - Minis churning up since midnight. Real curious to see what happens at the 86- 88 R area.

 
More to come below. 

Have a good day. 

GL and GB!

Monday, November 20, 2017

Morning Charts 11/20/2017 SPX

Minis are 12 points up off the ON low - Just sayin. Holiday ramp time? All sorts of possibilities here. A quick move up to a double top will leave nasty neg divs.


On to the lie - 

SPX 60m - Possible IHnS with the RS completing this morning. I'll be curious to see if the 87 level R can hold.




More to come below.


Have a good day.

GL and GB!

Friday, November 17, 2017

Open Weekend Post 11/18-19/2017

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 11/16/2017 SPX

Early post, prolly only post.


On to the lie - 

SPX Daily - See other charts in late comments yesterday. What does it look like should happen? Looks have been deceiving for a few years now. 



More to come below. 

Have a good day. 

GL and GB!

Thursday, November 16, 2017

Morning Charts 11/16/207 SPX

Holiday ramp time - already? That was it for the correction? LOL, not surprised if that's the case. Sad, cause a move down to 50 would have set up a nice RS move and an even larger HnS to deal with.


On to the lie - 

SPX 15m - follow the colors best you can for all the different scenarios. Until they break out of the upper falling channel resistance (which could be this morning) I'm forced to stay with down as the trend.


 
More to come below. 

Have a good day. 

Happy Holidays, GL and GB!

Wednesday, November 15, 2017

Morning Charts 11/15/2017 SPX

He had to go there - what a dick! Will someone please take this guys speaking privileges away - Gartman: "The Bear Market Is Upon Us We Fear "


On to the lie - 

SPX 15m - The HnS we discussed yesterday may play out! Wow a non-ramp off the RS may have been the key to play this move yesterday.  2535 target. Look fro falling wedge or channel to form.



More to come below. 

Have a good day. 


GL and GB!