Tuesday, September 26, 2017

Morning Charts 09/26/2017 SPX

Well, I punted the NFL last night. First MNF game I've not watched in possibly decades. Ya know what, I missed nothing, and I actually learned something on the Science Channel. Good for me.

As for the markets - Total Control until a catalyst - then the dumpster fire starts. When, not if.  When the biggest question - remember EVERYONE heads for the gates at the same time. Gonna be a bloodbath. When it gets interesting I'll start updating more charts, but till then there is really nothing technical about anything (other than seeing the potential into how bad it's gonna be).

On to the lie - 

SPX 30m

 
SPX 2hr - Ya know, another wedge busted ... but they sticksave the dip and simply extend the formation. Rinse repeat, until it doesn't. 30m chart above is the tiny top right corner of this chart.




More to come below.

Have a good day.


GL and GB!

Monday, September 25, 2017

Morning Charts 09/25/2017 SPX

Not much happening, but then again everything is happening. Just need a catalyst. 

Not sure if the rapture happened Saturday or not - I'm still here which may not be a good thing. Hmmm .... anyone else around? 




On to the lie -

SPX 30m - Not much to it. I do believe we're finally getting close to a reversal. Problem is Team Total Control (the original bunch of national anthem kneelers) won't allow a correction. Need something to motivate the market to override their position of power.





More to come below.

Have a good day.


GL and GB!

Friday, September 22, 2017

Open Weekend Post 09/23-24/2017

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


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


Have a good weekend.


Curious to see what 9/23 brings. Ya never know.


GL and GB!

Morning Charts 09/22/2017 SPX

Maybe rocket man finally made a threat big enough to move the market south? Careful tho. As we all know when bearish things look their best is when 'they' come alive. Who knows, maybe they allow a little steam blow off here.  They will use it to set up another short crusifiction.

More bubble talk - it's pretty consistent these days. At least everyone but the Fed will be able to say they saw it coming - Shiller Warns Against Complacency: "Today's Market Looks Like It Did At The Peaks Before Last 13 Bear Markets", and that's why they can't allow it to happen - not yet at least.


On to the lie -

SPX 2hr - Several formations and all OB or worse. It's not pretty at all. When, not if. Problem is, as is so incredibly evident since really 2010 or to some 2013, team Total Control. Never forget the casino is rigged.




More to come below.

Have a good day.


GL and GB!

Thursday, September 21, 2017

Morning Charts 09/21/2017 SPX

Nothing burger from the FOMC yesterday. Look, it's really simple. Like my post on my SC account has said for years, "when the liquidity stops it all ends." They won't, they can't, stop feeding the machine. Simple as that. Just keep printing, keep the market afloat to hide failed policies and a rotting/broken economy. 

We're not quite in hospice yet, but end stages here now with debt over $20T (actually over $125T counting everything). It can not be afforded. We can barely make interest payments now. Raise rates? LMAO impossible. Going in the way back STB prediction time machine one of the original calls other than the STB Event to end it all I also included default - massive global default. There will be no other way to get out of this global mess.

And for good measure - Never Forget: The US Government Has A Known History Of Using False Flags


On to the lie - 

SPX  30m




More to come below.


Have a good day.

Happy Birthday LS1 who turns 17 today.

GL and GB!

Wednesday, September 20, 2017

Morning Charts 09/20/2017 SPX

Earthquakes, hurricanes, riots, you name it - plus Revelation 12 in the skies on September 23rd - ya know, could be biblical. Ya know when they say the stars were aligned just right - well Saturday they will be. Some freaky shit.



On to the lie - 

SPX 30m - Rising wedge at long term channel backtest. Usually not a good thing (esp with OB, ATH, overthrow, neg divs and the lot.) Just waiting on something to break.

 


More to come below.

Have a good day.

GL and GB!

Tuesday, September 19, 2017

Morning Charts 09/19/2017 SPX

All is well, economy is great, we promise! Toys "R" Us Files Chapter 11: Second Largest US Retail Bankruptcy In History



On to the lie -  

SPX Weekly - The most sickening egregious move was busting 2200. That's when all technicals went out the window and 'they' stomped the gas. Everything was in place - like possibly one of the best points to call a top ever, but noooooo .... Hey, I have still not called 'the' top, bonus points for Shanky.

 


More to come below.

Have a good day.


GL and GB!

Monday, September 18, 2017

Morning Charts 09/18/2017 SPX

Bubbleiscious! Deutsche Bank: "Global Asset Prices Are The Most Elevated In History"  When, not if. I'd be seriously looking at short strategies or exit strategies at this time. Not pulling the trigger just yet, but look at how you want to exit. Of course if I'm right, the rush for the gates will be all at once, worst in history I'm guessing. Soooooo, whatever strat you may come up with will prolly get blown up on an afternoon LOL.

On to the lie - 

SPX 30m - Nice close - on the number. Damn they are good. 




More to come below.

Have a good day.

GL and GB!