Chart’s I’m Watching: Jun 2, 2014

Nothing new from last week, which includes the “market” completely ignoring this morning’s ugly economic news and PMI data that seems rather obviously managed.

2014-06-02-SPX daily 0917

TPTB ramped SPX up over important Fib levels in last week’s holiday low volume, but are having a bit of trouble defending the new highs. USDJPY (and a quick phone call to ISM) to the rescue.

Screen Shot 2014-06-02 at 9.31.59 AM

But, it’s not rigged…

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