Thursday, August 17, 2017

Morning Charts 08/17/2017 SPX

Not much going on other than everything is collapsing, but the markets would never let you know that.


On to the lie - 

SPX 30m




More to come below.

Have a good day.


GL and GB!

Wednesday, August 16, 2017

Morning Charts 08/16/2017 SPX

Well let's find the truth - Dick's CEO: "The Retail Industry Is In Panic Mode" and  Trump Lashes Out At Bezos: "Amazon Is Doing Great Damage To Retailers; Hurting Cities And Jobs" might be two articles on the path to finding it. Or you can ask WMT their feelings on the subject. STB has good friend in major retail and he says it sucks. Bottom line - the 'recovery' is a lie. Consumer debt tapped out again. No jobs. Reality will eventually come to roost.

On to the lie -

SPX 30m - Looks like 76 has a chance to be the next stop. I'd lean to consolidation between 66 and 80 coming up. They gotta get that carrot back out in front of the mule.

 

More to come below.


Have a good day.


GL and GB!

Tuesday, August 15, 2017

Morning Charts 08/15/2017 SPX

No NK - No fear. Move along and ignore the civil war they are trying to start. It's all a bunch of BS. 80% of us are sane and sober (most of the time). 'they' want the war, not us.


On to the lie - 

SPX 30m - Not surprised they are gonna pop it back thru 66 resistance this morning. 77 is the next R area. Not sure if to follow blue or burgundy channel but parts of both should be in play. I personally hate price at these levels, but as we have learned you can't go against the total control system. Sadly we will all - as in most everyone - see THE moment to exit. The rush for the gates is going to be tremendous when it happens.




More to come below.

Have a good day.


GL and GB!

Monday, August 14, 2017

Morning Charts 08/14/2017 SPX


And awaaaaay we gooooo - VIX Tumbles, S&P Futures, Global Stocks Rebound Sharply As Korea Fears Fade. This is not over quite yet, but they sure milked it for all they could so far.


On to the lie -

SPX 30m -Maybe this will become that backtest of 66 I was surprised we did not get? Maybe the new blue channel forms with a lower slope, which would indicate slight rollover/topping possibilities.

 

More to come below.

Have a good day.

GL and GB.

Friday, August 11, 2017

Open Weekend Post 08/12-13/2017

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 08/11/2017 SPX

See this Central Banks Are Hiding The True Price Of Risk
and this Are Internal Market Cracks Turning Into Chasms?, and then see the chart below (which really is not the 'bad' chart).

On to the lie -

SPX Daily - Pretty easy to see what could happen if it lets go. 2400 is basic, below that it has real potential to get ugly.

 

More to come below.

Have a good day.

GL and GB!

Thursday, August 10, 2017

Morning Charts 08/10/2017 SPX /es

I guess all the crowing about war has the market spooked a bit. Don't fall for it. Pay attention to what they are trying to do. Remember, they need cover for the coming market failure. The age old STB question - Which comes first - the crash or the war?

On to the lie -

SPX 30m - What happened to the carrot? I'm somewhat dumbfounded that they allowed such a target to be missed. Sub 55 it gets interesting. 40, 32, 20, 07 and 00 are the support points.



SPX 2hr - Big time support is going to crack this morning. 61 and 47 ma's are big time here.




More to come below.

Have a good day.

GL and GB!

Wednesday, August 9, 2017

Morning Charts 08/09/2017 SPX /es

Cause this is reality - The Globalist Agenda Is Being Met: "To Collapse The United States Internally And Attack It Externally"

North Korea fears are the big worry now.

On to the lie -

SPX 30m - 30m 200ms support bout top get cracked. 66, 57 and 41 support areas.

 


More to come below

Have a good day.

GL and GB!