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!