Slope of Hope Blog Posts

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Bigger Flag Today? (by Springheel Jack)

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SPX closed down yesterday for the third day this week and we have a series of short term lower highs and lows, so as long as that lasts we are in a short term downtrend. On the SPX daily chart first decent support is still in the 1360 area at the middle bollinger band and 100 DMA, and secondary and main support is still in the 1335 SPX area if that breaks: