Charts: Yesterday the broad index hit the 50-day moving average, found support and so far today that support is holding. We are balanced on a razor's edge and need desperately for 1333 to hold.
Long War: In Syria, Assad's army is pulling forces from all parts of the country to reinforce his drive into the two largest cities: Aleppo and Damascus. This is a desperate measure. He is giving up everything to hold these two big cities. If he were to establish control in the two cities, then he will have a very hard time fighting outward to retake the rest of the country.
The rebels are taking advantage of Assad's strategy by seizing border crossings, trying to seal off Syria from the rest of the world, preventing Assad from getting weapons and support from abroad.
Syrian prisons have been infiltrated by good guys and jail breaks are occurring. This means Assad's army has to stop fighting the rebels to restore order in these prisons. This is the work of an advanced intelligence agency.
In Yemen, the CIA is stretched thin and AQAP knows it. In June AQAP was totally routed from the little Kingdom-of-Al-Qaeda it had carved out in southern Yemen. AQAP is starting a campaign to reconquer the villages it had been booted out of. But the first bad guy attack was repelled by well-armed and well-trained good guy local militia. So Langley has done some good advanced planning and has forces in place to deal with an expected AQAP push back.
In the Pak Tribal Lands, jihadist gunmen attacked a compound that a top Pakistan Taliban commander had been using. The gunmen killed the Taliban chieftian. Okay, it is time for everybody to admit that the CIA has its own jihadist forces. The Pakistan government sure seems to think so. They are now on their best behavior, using the Pak Air Force once again to strike bad guy positions. NATO supply routes are open and the Pak government is keeping its pie-hole shut about CIA drone strikes.
Speaking of which... The CIA drone campaign is once again roaring ahead full throttle, with Hellfire missiles raining down from the heavens, chewing up bad guy encampments and filling the air with the terrifying sounds and smells of American vengeance.
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