Well, Wednesday was kind of a disappointment. It started off great, but once oil started firming (and, even moreso, energy stocks), things started to turn south. Gains from CMG and TLT ameliorated the damage, but on the whole, yet another “turnaround” day stunk up the place for the bears.
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Babbling Brook
You’ve probably all been hearing about the California drought. Here’s a little snippet from my dog walk this morning: San Francisquito Creek meanders through my neighborhood. Here’s a picture I took of this lovely waterway just today:
Harry Boxer’s Charts of the Day
Too Many Triangles Lately
Very late post today as I was out much of the morning and I’ve had a busy open.
SPX failed just under triangle resistance yesterday and I have open 5min & 15min sell signals here. I’m looking for SPX to most likely test the globex low in the 2083-7 area before another test of triangle resistance. If Monday’s low at 2072.37 is broken, that would open up a test of triangle support in the 2055 area. SPX 15min chart:
