SPDR S&P 500 (SPY)

[imiloa]

at this point, i don't honestly care.

i just read about the Russia / Saudi oil talks
and they seem to be a farce.
nearly every analysis concludes that nothing will come of it
and some suggest prices will drop again due to renewed distrust on "talk failure."

and yet, gullible SPY falls for that nonsense
for over an hour of sustained rally
which is still pushing for new HODs?

utter bullcookie.

fwiw, this is exactly what i mean
when i assert that TA is no longer truly reliable.
yes, more useful on the much longer fractals
but even there, "anomalies" like oct 2015 and feb/march 2016
seem to be happening pretty often.

we all know this is a rigged game.

the trick is figuring out which days
are safer to play than others...

and today is clearly utterly unsafe.

gonna focus on client work
and will check in EOD to see where the bots decided to walk us today...