Wow…..just wow. What a day in the markets for the bears. NO confirmation of the hammer candles from yesterday and just a constant bleed all day long! This is what a wave 3 of a wave 3 is like for you Elliot Wave people! Major selling and, unlike yesterday's hammer candle, the internals completely confirmed the move today. Very nice.
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.
What’s Next
MESSAGE FROM TIM - WOW, WHAT A DAY!!!! I am going to be traveling the entire rest of Thursday, so this post is going to be up for a while. It always seems the market is up to something insane during the rare times I travel. Anyway, I hope Slopers had a fantastic day. Here's what I think is next for the market. Of course, if something amazing happens in international markets tonight, or the jobs report sucks, we might just head to the green tinted area without a retracement.
Perfect Fanline Touch by the S&P 100 Index
It Has To Be Said
An ARO Through Its Heart
Check out this post from May. We're on our way.