Friday, June 23, 2017

Morning Charts 06/23/2017 SPX /es

Early post.


On to the lie -


More to come below.

Have a good day.

GL and GB!

Thursday, June 22, 2017

Morning Charts 06/22/2017 SPX /es

Quiet. Maybe quiet is not good for the PTB? 


On to the lie - 

SPX Daily - The potential for bad appears to be greater than for good. 


 
More to come below. 

Have a good day.

GL and GB!

Wednesday, June 21, 2017

Morning Charts 06/21/2017 SPX /es

early post  headed back from the ATL this morning.  Had a issue I had to go handle all day yesterday. Sorry.

On to the lie -

More to come below.

Have a good day

GL and GB!

Tuesday, June 20, 2017

Morning Charts 06/20/2017 SPX /es

Early post



On to the lie - 



More to come below. 

Have a good day. 

GL and GB!

Monday, June 19, 2017

Morning Charts 06/19/2017 SPX /es

They love confusion - So what is it? Eric Peters: "Last Week Saw The End Of The QE Era" or "Grouchy" SocGen Analyst: "Fed Will Be Buying Again Long Before They Finish Normalizing"

I still believe QE4 will happen like it or not, or it may be happening now in the form of perpetual QE. I mean, like, how else are prices at these levels?

On to the lie - 

SPX Daily - Looks over cooked to me, but I'm not the chef.



More to come below.

Have a good day.

GL and GB!

Friday, June 16, 2017

Open Weekend Post 06/17-18/2017

You know the drill. Share the love and the knowledge. 

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



Have a great weekend. 

GL and GB!

Morning Charts 06/16/2017 SPX /es

Quad Witching.


On to the lie - 

Looks like a gap up open to set yet another island gap situation.  I'm still leaning for consolidation waiting for catalyst to ignite breakdown.

SPX 10m - Consolidation.


SPX 60m - For the gazillionth time a wedge has broken down and gone into failure backtest mode - will they thwart yet another beautiful bear setup? 



More to come below. 

Have a good day. 

GL and GB!

Thursday, June 15, 2017

Morning Charts 06/15/2017 SPX /es

Just waiting on a trigger.


On to the lie - 

SPX 60m - Pretty good chart right now with all the big numbers and formations. Looks like the bears may finally get a foot in the door, but how long they can keep it open is another question.  28, 17, 04 (with 38% retracement) are support numbers for starters. 39 is resistance and 28 should become resistance. 2404 to 2386 they fully deploy all chutes IMO. If not there 2366 then 2336. (14, 90 and 65 are the big daily MA's to watch for as S).



More to come below. 

Have a good day. 

GL and GB!

Wednesday, June 14, 2017

Morning Charts 06/14/2017 SPX /es

Follow the Fed - never forget that both Good and Bad = Good.  Let's see what Granny has to say.  "The Day Of The Dovish Hike?"

On to the lie - 

SPX 60m -Third iteration of the rising wedge inside the black megaphone. Negative divergences worsen. Patience required. Just waiting for a trigger moment. Till then Team  Total control has the ball.


More to come below. 

Have a good day. 

GL and GB!

Tuesday, June 13, 2017

Morning Charts 06/13/2017 SPX /es

Cause it's rigged! One Trader's Advice To Bond Bears: "Come Up With Something New"


On to the lie - 

SPX Daily - More than ready, just waiting on triggering event.


SPX 30m - Possible backtest then breakdown? Or, just breakdown? Or, Team Total control does their thing and does not allow any sort of meaningful correction. 



More to come below.

Have a good day.

GL and GB!

Monday, June 12, 2017

Morning Charts 06/12/2017 SPX /es


Well, I'd pay close attention to these news events. Key Events In The Coming Busy Week: Fed, BOJ, BOE, SNB, US Inflation And Retail Sales



On to the lie - 

To put Friday into context - it's a tiny blip that could be a first spark. See Gartman here (LOL).

SPX Daily - Potential to get nasty is real, but so is Team total Control's ability to thwart any negative move. It does look like TA is about to win the game in the 4th quarter tho.


SPX 15m




More to come below.

Have a good day.

GL and GB!

Friday, June 9, 2017

Open Weekend Post 06/10-11/2017

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 06/09/2017 SPX /es

The things that ATH's are made of - "Worst Since Lehman" - The State Of The US Consumer In One Dismal Chart and Credit Card Defaults Surge Most Since Financial Crisis  Solid as a rock is the foundation for this ATH and run off the 667 low - NOT!

On to the lie - 

SPX 5m - The range I wanted price to settle in is working out pretty good so far. Possible HnS setup here with pop this morning to have a chance to set RS top. Just a chance and remember that RS has been more of a launching pad than a bearish breakdown point. I think they'd be pleased to simply consolidate above 2428 for a while. IMO there is a lot of selling pressure the PTB are fighting.For any sort of meaningful correction something newsworthy has to drive it. Till then shorting is a dangerous game.



More to come below.

Have a good day.

GL and GB!

Thursday, June 8, 2017

Morning Charts 06/08/2017 SPX /es

Things are more strange now than ever. I guess you could call it business as usual on steroids. The PTB are doing everything they can to keep the veil up and the rot hidden. Global tensions continue to rise and worsen. Me and many others have been looking at a market that's begging for a large 10 - 15% correction. Sadly the markets are not capable of correcting in a natural manner anymore (Total Control), so this will take an "event" of some sort to trigger this. No one knows when this will happen, but the higher they take price the worse the fall will be. 2120 to 2180 would be my target area for this correction if it were to occur. That number would match blue channel support in the chart below later this summer if that's what they would be targeting for support for a major correction. Before we get there there is a chance a first correction would drop to 2366 and then one last bull trap before the big fall.
On to the lie - 

SPX Weekly


 
More to come below. 


Have a good day. 

GL and GB!

Wednesday, June 7, 2017

Morning Charts 06/07/2017 SPX /es

This $200 Billion Asset Manager Warns "There's Danger At The Door" As Markets Lose Focus On Fundamentals and this BofA: "If Bonds Are Right, Stocks Will Drop Up To 20%"  are not fear porn. These people are not kidding. STB's been looking at the real possibility of a 10 - 14% plunge possibility, BUT a catalyst must occur. the only question is will the PPT be able to contain the fall to the 2120 level if it happens?
On to the lie - 

SPX 10m - Gonna underthrow ST positive divergences (at the double bottom at the close yesterday) at the open this morning.


SPX 30m - 2424 to 2417 first support area. 2404 is a point the want to hold most.




More to come below. 

Have a good day. 


GL and GB!

Tuesday, June 6, 2017

Morning Charts 06/06/2017 SPX /es

We keep edging closer to catastrophe. Team Total control has the lipstick and veil firmly in place right now. Father time and price will one day assert their eternal prominence, but till then it is what it is. One sneeze and a 10 - 15% correction would be a rather simple move.
On to the lie -

SPX 30m - Best I got right now for a short term chart. Overthrowing rising wedge completion with neg divs complementing the over exaggerated price move up. 26, 17 and 04 are the support numbers. They should be willing to lay a few lives on the line to keep 04.


 
More to come below.

Have a good day.

GL and GB!

Monday, June 5, 2017

Morning Charts 06/05/2017 SPX /es

Whatever. We all know the story. 

I'm back for a while. Will do what I can to figure this thing out. Let me update some charts and see what I find. 


On to the lie - 

SPX Daily



More to come below.

Have a good day.

GL and GB!

Friday, June 2, 2017

Open Weekend Post 06/03-04/2017.

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 06/02/2017 SPX /es

early post

I'm out again today.


On to the lie -


More to come below.

Have a good day.

GL and GB!

Thursday, June 1, 2017

Morning Charts 06/01/2017 SPX /es

Early post

Golfing in the ATL today and chaperone boys trip tomorrow. I'll be back Monday. Then we have to discuss potential changes in the blog cause I'm gonna get registered again.


On to the lie -




More to come below.

Have a good day.

GL and GB!

Wednesday, May 31, 2017

Morning Charts 05//31/2017 SPX /es

early post.

I'm in the ATL today and tomorrow. I'll be limited. And Friday I head back to the beach. So I'll be very limited this week.

On to the lie -



More to come below.

Have a good day.

GL and GB!

Tuesday, May 30, 2017

Morning Charts 05/30/2017 SPX /es

Travel day for STB.

Early post



On to the lie -


More to come below.

Have a good day.

GL and GB!

Monday, May 29, 2017

Memorial Day 2017

Have a great Memorial Day everyone.


Many thanks to those who served and their families.

Let's do our part to honor them by doing everything we can to keep America great.

GL and GB!

Friday, May 26, 2017

Open Weekend Post 05/27-28/2017

You know the drill. Share the love and the knowledge. 

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

Have a good holiday weekend. 

GL and GB!

Morning Charts 05/26/2017 SPX /es

Early post



On to the lie - 



More to come below. 

Have a good day. 

GL and GB!

Thursday, May 25, 2017

Morning Charts 05/25/2017 SPX /es

Early post




On to the lie - 




More to come below. 

Have a good day. 

GL and GB!

Wednesday, May 24, 2017

Morning Charts 05/24/2017 SPX /es

FOMC day so should be quiet until the fireworks start. Note there is a good chance they will be only duds and the show will suck. 

As for price - One of two things is set to happen - A) either they are about to go for an unprecedented overthrow and breakout over 2400 or B) as the technicals are aligned across all time frames a 5- 12% correction is coming. 2180 to 2120 should be the floor if the PPT can stop it.

Either 'they' ramp it or something is about to happen to cause a significant decline as a technical Cat5 hurricane is sitting just off shore.

On to the lie -

SPX Daily - Any pop here only makes the negative divergences even worse. 






More to come below.

Have a good day.

GL and GB!

Tuesday, May 23, 2017

Morning Charts 05/23/2017 SPX /es

Not much news worthy other than the dreadful Manchester attack.



On to the lie - 

SPX Daily - The black rising wedge broke support. Will it break down is the question. Possibly a rollover phase is beginning if the blue channel works out.

 



More to come below. 

Have a good day. 

GL and GB!

Monday, May 22, 2017

Morning Charts 05/22/2017 SPX /es

Well, another pints to the coming epic collapse - eventually someone will get the timing right. Bill Blain: "My Prediction Is That Around October 12 Markets Will Get Horribly Interesting"
When not if - it's coming. One day Team Total Control will lose control (STB Event). Nothing lasts forever.

On to the lie -

SPX 2hr - This does not look good, technically.



More to come below.

Have a good day.


GL and GB!

Friday, May 19, 2017

Open Weekend Post 05/20-21/2017

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 05/19/2017 SPX /es

My internet is back up! I'll get some charts updated later today.


On to the lie - 

Simple as this - what does the Total Control Team want - nothing more, nothing less. Eventually TA will win. Eventually could be a long or short time unfortunately. A sizeable correction (virtually impossible) would be the healthiest thing for both sides here. Who needs 'health' when it's rigged?

SPX Daily




More to come below.


Have a good day.

GL and GB!

Thursday, May 18, 2017

Morning Charts 05/18/2017 SPX/es

Early post.

Gotta run mrs STB by the tire store.

Also yesterday my internet was down the whole day at the office. So sorry for not being here or updating any Charts.




On to the lie -



More to come below.

Have a good day.

GL and GB!

Wednesday, May 17, 2017

Morning Charts 05/17/2017 SPX /es

Interesting action overnight that's trying to be wiped away. Strange, the things that move the markets these days.

I'll stick with my  patience grasshopper meme with a follow the Fed caveat  - Bill Blain: "Talking To Accounts The Bottom Line Is Asset Prices Continue To Rise Despite Our Disbelief". Total Control is real and always must be the first thing you take into account when trading in this faux market. 

On to the lie -

Bottom line is the there is a tug-o-war happening now with price. Believe it or not, there are real forces trying to sell. This is a bizarre nuance to this new modern market. 

SPX 60m - 4 FOUR islands and this gap down will leave an island above as price should take out near term diagonal support.


SPX Daily - the support that really matters - anything under 80 opens Pandora's Box. 




More to come below.

Have a good day.

GL and GB!

Tuesday, May 16, 2017

Morning Charts 05/16/2017 SPX /es

Nothing but trash and fear mongering in the news. The most recent HRC deletion Seth Rich news is the most interesting.


On to the lie - 

Patience Grasshopper. We're closing in on or at some sort of reversal. Two things - wither a move back to 78 and then a last bull trap or something larger to the downside is coming. 

SPX Daily - Looks like we're do for either a major reversal or a pullback then a pop then the major reversal. 


SPX Daily - This is nasty, simply nasty. the negative divergence at this small double top is really bad. 


SPX 30m - Anatomy or a rollover.


More to come below. 

Have a good day. 

GL and GB!

Monday, May 15, 2017

Morning Charts 05/15/2017 SPX /es

Early post

I'm in the ATL. Mom is having a routine surgery so I'll be with her at the hospital toady. I should be back in the saddle tomorrow if all goes well. I'll check in and chime in if necessary.


On to the lie -



More to come below.

Have a good day.

GL and GB.

Friday, May 12, 2017

Open Weekend Post 05/13-14/2017

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 05/12/2017 SPX /es

Other than Comey and China things are way too quiet. 



On to the lie - 

SPX 30m - Rising burgundy channel - within it a smaller burgundy channel rolls over into a bluer rising wedge which breaks down to the black wedge that failed all encompassing three open islands and roughly 33 points in gaps. It looks to be rolling over - 72ish critical support. To get there 91, 86 and 83 need to crack.



More to come below.

Have a good day.

GL and GB!

Thursday, May 11, 2017

Morning Charts 05/11/2017 SPX /es

Not much to talk about up here. China is slowly imploding as well as America and all the other global leaders - but you did not hear that here.


On to the lie -

SPX Daily - The insanity. Two wedges (black and grey) overthrown by the formation of the blue wedge to double tops at ATH's with negative divergences that go for a year and are worsening. IMO we're close to some sort of pullback or correction, but it will be forced by an outside influence. Natural or technical pullbacks have been outlawed, so in this case IMHO price is saying that sooner than later something is going to happen to cause a correction. Will this be the STB "event"? Not sure but price will prove it is boss here sooner than later.

 
SPX Daily - I see evidence of a potential rollover here, but you need to be watching wedge support to see if the breakdown is for real. At this time I can see short term targets above 2415 and below 2372. Just don't know which way Team Total Control wants it to go. Let's watch support here for a clue. Price is on an island above an island. That's not good.

 
More to come below.

Have a good day.

GL and GB!

Wednesday, May 10, 2017

Morning Charts 05/10/2017 SPX /es

Early post


Late start Wednesday


On to the lie -



More to come below.

Have a good day.

GL and GB!

Tuesday, May 9, 2017

Morning Charts 05/09/2017 SPX /es

Two good reads at ZH - 

Fast Facts About Slow Markets

SocGen: Beware The Ghost Of 1993


On to the lie - 

SPX Daily - I may stick with this chart for a while. Pretty plain to see. 

 



SPX Weekly - I'll throw this in for perspective. Any good turn makes 2120 a great number for major support. Just slightly overdue for a major correction. That would be roughly a 12% move. If this is near the end a cool scenario would be a move to 1890 to form a head, one last bull trap back up to 2120 for a right shoulder then you'd get a HnS that targeted 1380. Ahh, a bears dream right there.




More to come below. 

Have a good day. 

GL and GB!

Monday, May 8, 2017

Morning Charts 05/08/2017 SPX /es

So, who's wrong and who is right


On to the lie - 

SPX Daily -  Double top with neg divs in rising wedge sitting on two islands about to try and breakout. Danger Will Robinson. Danger! Danger! This thing obviously has plenty of room to run in the wedge to the E touch or even an overthrow (that's their style - total excess), but any point from here has real potential to be a serious reversal point. Of course at this time we all know they will not allow the market to correct and only the STB event is going to make a real difference.



More to come below. 

Have a good day.

GL and GB!

Friday, May 5, 2017

Open Weekend Post 05/06-07/2017


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 05/05/2017 SPX /es

Happy Cinco de Mayo!

Jobs, Grandma and whatever else they can find to distract us today. 

We may need to pay closer attention to what's going on across the pond - Italy Dependent On ECB "Buyer Of Last Resort" As Foreign Investors Dump Bonds Amid Capital Flight


On to the lie -

SPX 5m - Let's not complicate things - descending triangle with 83 support. As the triangle flows a HnS has formed. Then a descending channel popped up. All of this is on a island which is above another island. That's all above roughly 30 points of gap space that comprise about 50% of this move off the 28 low. All of this just below the round number in range of a fresh new ATH. Sadly the current setup is so bearish it almost guarantees a breakout LOL.



More to come below.

Have a good day.

GL and GB!

Thursday, May 4, 2017

Morning Charts 05/04/2017 SPX /es

Whatever they need to tell you to justify this mess they will. S&P Futures Jump Ahead Of GOP Healthcare Vote, Ignore China Commodity Crash

On to the lie -

SPX 60m - Bottom line is after this open there is a chance there will be THREE OPEN ISLANDS. That's simply insane. You can clearly see the two open islands created over the past week's gaps. Do they really want another? This is a recipe for disaster. Bottom line is as long as they keep price above 2330 they will feel safe. The ATH carrot remains in front of the horse. Three open islands. Wow!

 

More to come below.

Have a good day.

GL and GB!

Wednesday, May 3, 2017

Morning Charts 05/03/2017 SPX /es

FOMC day and Granny Friday - they should try and keep it range bound if possible within reach of the SPX ATH. 

Bubble - There Is Now A Quadruple-Leveraged S&P 500 ETF


On to the lie -

SPX Daily - Rising wedge off DJT low. Neg divs worsen if they lift it here closing in on wedge completions.



More to come below.

Have a good day.

GL and GB!

Tuesday, May 2, 2017

Morning Charts 05/02/2017 SPX /es

AAPL, FOMC tomorrow , Jobs and Granny Friday - Barring big news I suspect we remain range bound consolidating under while reaching for the new ATH in SPX.


On to the lie - 

SPX 2hr - Double top with loads of support above 2336. If that fails it's a long, hard, fast fall. Overthrowing again with some larger negative divergences. Team total control has their hands full here.


Freedom watch - 

Never forget - Big Brother Is Still Watching You: Don't Fall For The NSA's Latest Ploy





More to come below. 

Have a good day. 

GL and GB!

Monday, May 1, 2017

Morning Charts 05/01/2017 SPX /es

FOMC week with Grandma speaking Friday after jobs report - prolly enough to stall everything out. Key Events In The Coming Busy Week: FOMC, Payrolls, 131 S&P Companies Report.


On to the lie -

ATH carrot just above. IF they can shoot it up the negative divergences on the daily will be set for a potential nasty turn. 

SPX Daily - Rising wedge A B C D completed - up for E touch? They lowered the support diagonal as they have with most rising wedge formations in recent years to allow for a potential higher run. IF they can manage a new high here once that's been achieved the wedge can be deemed complete.



Freedom watch -

Did you know that today, May Day, is a big time satanic holiday?  Ya, messed up stuff. Thought you'd like to know if some weird shit starts going down.


More to come below.

Have a good day.

GL and GB!

Friday, April 28, 2017

Open Weekend Post 04/29-30/2017

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 04/28/2017 SPX /es

Nothing worth commenting on this morning. Total Control entrenched. It is what it is till it isn't. 
 

On to the lie - 

SPX Weekly - Big picture. Scary. Remember they need something big (like a war) to cover for the coming crash (cause it's not gonna be their failed policies).

 
More to come below. 

Have a good day. 

GL and GB!

Thursday, April 27, 2017

Morning Charts 04/27/2017 SPX /es

Really? Bernanke 'Terrifies' Stock Investors, Again

No, we passed it in 2013. Have We Just Reached Peak Stock Market Absurdity?

On to the lie -

SPX 30m - Bout the only thing that I can come up with other than massive consolidation under key round numbers and the ATH carrot is this possible channel. Other than that no real larger patterns to speak of. Some neg divs working in but nothing is screaming at me right now other than 40 points of open gaps below leaving a support less void should this thing turn.



Freedom watch -

Nothing today. 



More to come below.

Have a good day.


GL and GB!

Wednesday, April 26, 2017

Morning Charts 04/26/2017 SPX /es

Early post. Late start Wednesday.



On to the lie-



Freedom watch -


More to come below.

Have a good day.

GL and GB!

Tuesday, April 25, 2017

Morning Charts 04/25/2017 SPX /es

So it needs to confirm or look out? LOL - Total Control needs to do nothing but what they want to do - Breslow: "What We've Seen So Far This Week Has Been A Gap Repricing Without Any Price Discovery"


On to the lie -

SPX 60m - Double bottom reversal with potential target of 2410. Note of this 50 point pop in price roughly 40 poings of it is GAP space. IHnS target (on the 10m chart) of 2374 was hit yesterday. Over 2378 sets higher high after higher low. Overthrowing potential descending triangle resistance and getting a HnS RS breakout once again. Basically they just shit all over a fantastic double bear formation.


Freedom watch -

Nothing today.


More to come below.

Have a good day.

GL and GB!

Monday, April 24, 2017

Morning Charts 04/24/2017 SPX /es

Well, according to the futures all is well - move along. You may want to keep this handy this week - Key Events In The Coming Busy Week: US GDP; ECB & BOJ Meetings, And Lots Of Earnings



On to the lie -


SPX Daily - What do you do when you have lots of resistance you can't get thru? Simple, gap thru most or all of it. SPX futures up 27?  Whatever.






Freedom watch - 

Paul Craig Roberts Asks "If This Is Freedom And Democracy, What Is Tyranny?"



More to come below.

Have a good day.

GL and GB!

Friday, April 21, 2017

Open Weekend Post 04/22-23/2017

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 04/21/2017 SPX /es

I golfing today so I will not be around. I may check in if I see something happening. OWP will be up at 4:00. Thanks for another gteat week on the blog.



On to the lie -



More to come below.

Have a good day.

GL and GB!

Thursday, April 20, 2017

Morning Charts 04/20/2017 SPX /es

Bubbles (see charts below) - 8 Trillion Reasons To 'Support' President Trump.  Total Control, they can't let it even correct properly. Setup for collapse sooner than later is more than evident and primed. 


On to the lie - 

DOW Weekly

 
SPX Weekly




Freedom watch -  

George Soros Accused Of "Puppeteering" Government In New Lawsuit


More to come below. 

Have a good day. 

GL and GB!

Wednesday, April 19, 2017

Morning Charts 04/19/2017 SPX /es

Quiet, veeewry qwiiet. 


On to the lie -

Consolidation under resistance continues. 


SPX Daily - Things appear to remain more dangerous than positive right now.

 




More to come below. 

Have a good day. 

GL and GB!  

Tuesday, April 18, 2017

Morning Charts 04/18/2017 SPX /es

early post





On to the lie - 




Freedom watch - 




More to come below. 

Have a good day. 

GL and GB!

Monday, April 17, 2017

Morning Charts 04/17/2017 SPX /es

Global unrest and distractions are rising - they need to blame to dip (coming collapse) on something - been saying it for years - I've always asked which would come first, the collapse or the war. STB "event" potential is really high right now.

On to the lie -

Absolute low end of the consolidation area - any wonder the futures rallied this morning?  Potential descending triangle. Price is slowly stepping down here in a orderly way. Can it remain orderly if this support cracks?

SPX 5m - The HnS I was looking at all last week may have played out. The Futures rally this morning stopped it short of its target. Falling blue wedge and double positive divergence. Bottom line is weakness persists. Sub 37 support is a real danger zone.


SPX 60m - MA resistance and a large support-less zone below. Overall a possible large descending triangle.


SPX 2hr - Overthrow over and back in the brown channel. Falling red channel and possibly a descending triangle. MA resistance all over.


SPX Daily - Lower BB support here. Possible soon 20/50 ma bear cross.



More to come below.

Have a good day.

GL and GB!

Friday, April 14, 2017

Open Weekend Post

You know the drill. Share the love and the knowledge. 

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


Have a good weekend! 

Happy Easter and Passover!

GL and GB!

Morning Charts 04/14/2017 SPX /es

Good Friday!

I hope everyone has a great Easter weekend. Happy Passover as well.

GL and GB!

Thursday, April 13, 2017

Morning Charts 04/13/2017 SPX /es

This is funny only because he's either the dimmest bulb on the planet or he just does not get it - Bill Blain "Can't Figure Out What Is Keeping Stocks So Buoyant?" The post is worth a look for some good bear porn - Should STB remind bill about this thing called Total control? 

Also - S&P Futures Slide Ahead Of Bank Earnings


On to the lie -

SPX 30m - Possibly a larger descending triangle with a HnS nearing the end. An interesting combination if it should bear fruit. Gonna have to watch 40 area support after the open for clues. There is a possible IHnS on the 5m chart that would target 66 R. Either way the consolidation I've spoken of for weeks now continues just above critical support.

 
Freedom watch -

Quiet down here for now. Sure it wont stat that way for long tho.



More to come below

Have a good day.

GL and GB!

Wednesday, April 12, 2017

Morning Charts 04/12/2017 SPX /es

Total Control. Nothing more. Nothing less.


On to the lie - 

SPX 5m - Possible backtest of the potential HnS neckline as consolidation continues. 

 



More to come below. 

Have a good day. 

GL and GB!

Tuesday, April 11, 2017

Morning Charts 04/11/2017 SPX /es

News is quiet other than we're prepping for war in two places on opposite sides of the globe.


On to the lie - 

SPX 5m - Rising wedge support gone and a possible HnS formation? That 2322 area I was speaking about last week would be the target area. Everything still looks and feels week. A move to 22 would not get too far out of the consolidation area, but anything below 36 is in a danger zone. Consolidation zone from 36 - 66 dominates everything right now.

 

Freedom watch - 

Quiet here, but don't be fooled. They have everything in place.

More to come below. 

Have a good day. 

GL and GB!