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SPX Breaking record for broken recordsI thought I’d include a little oped and some political analysis seeing as how that is part of my expertise & biggest passions. This publication was intended to be made at the start of the market open but I got wrapped up in this circus called life; C’est La Vie. The SPX 500 index is shattering all analysts expectations as Trump did say we would ”Win BIGLY!...winning so often that we‘d get tired of winning!” , and in doing so while both hands tied behind his back is a PHENOMENAL (and truly ironic; in the sense that they want to impeach him.) ahead of the systemic breakdown of the deep state. I truly detest that conspiratorial connotations attached to that entity, what else do you call a cabal of unelected officials (mostly Obama holdovers) in the highest levels and upper echelons or our government literally conspiring with the legacy media in cahoots with big tech and the propaganda engine that is: Jeff squared (Zucker/Bezos) & lets not forget to give a shoutout to Media Matters Tom Steyer for letting their hatred of one New York businessman/real estate tycoon be substantially greater than their love or our constitutional democratic republic— -as the slow moving coup commences to unseat a duly elected official , WallSt once again slaps Adam “Schifty” Schiff & Nancy “Powerless” Pelosi right across the race with the metaphorical equivalent of political chess mate with milestone after historic achievement after milestone after historic achievement.. •.Kim summit • Energy sufficiency • >2 Dozen NASDAQ ATHs • ROARING economy in an otherwise unsettled and anxious; polarized social environment despite 401(K)s and wage growth • Not to mention historic unemployment and • Only President to fulfill every campaign promise in modern history.. • Defeated caliphate and Baghdadi The list could go on... I’ll include a more in depth, meticulously written oped when I get on my PC (yes I’m on my mobile phone right now) including and especially pertaining to the modern history from the start of the postmodern era and why it is quintessential for traders to understand modern history (From post World War II era 1945 is a solid place to start) and how it is literally The combination of the series of events that took place Between 1939 to 1945 where America was ranked 17 out of 17 in terms of military my versus just six short years later leaving 2 empires and Europe in ashes as the Phoenix and Not only military but economic powerhouse has been us ever since, a fact l I think is often overlooked/undermined (our economic leadership and not just military) Now with an unstoppable economic track record; SPX is clearly flourishing. When all is said and done history will remember President Trump has all of the most consequential POTUS in history...believe me I was never a fan (at first) however I am a patriotic objective and pragmatic individual (unlike our elected officials) and when I see something that is good for the nation, regardless of the uncalibrated moral compass of the POTUS in question — he is still our commander-in-chief and it’s funny because i travel very frequently and often hear dnc hacksn in the legacy media say that the world is laughing at us because of his behavior; from my experience this is a falsehood.... Most of the people that I talk to would wish they had a president as fervently dedicated to putting nationalistic policy agendas in motion—- “ America First” and their nations respect his unapologetic, magnanimous persona.... but I digress. I will update more later... In the meantime I will proceed with more signals! I have been slacking as of late and for that I am double sorry. Follow / like / share / subscribe if you want to hear more from me about Political science and consumer based sociology, modern history and current events. @a1mTarabichi I apologize for the almost 4 H late publication!! You know what they say... Better late than never but never late is better..
SP:SPX
by a1mtarabichi
Outta Gas - SPY / SPXThis is just my opinion. Prices - all time highs barely getting exceeded. RSI high (67+ , never goes beyond 70ish unless MAJOR selloff which is even better). Fisher flipping to bearish. MACD bearish. Fractal is from last major selloff which lines up with support levels. The banks are more likely to selloff before January (when employees can withdraw 401K). Does anyone think the average working taxpayer is buying SPY, QQQ, or SMH at all time highs going into Christmas followed by a Presidential election? I do not. SPY, QQQ, and SMH all have ascending wedges which end the same time, with repeating patterns. Ascending wedge for 6+ years then selloff 30%+.
AMEX:SPYShort
by MoneyPatterns
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