The big news on Friday was that SPX tested, and went slightly below, the October high at 1292 SPX. That area was also the target for both the double-top, and sloping H&S, on SPX so those patterns have now played out to target and can be disregarded. 1292 SPX is a strong support level and we may see a bounce here:
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.

