Slope of Hope Blog Posts

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Losing Momentum (by Springheel Jack)

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That was a very nice looking H&S setup on SPX and ES on Friday morning, but the serious doubts I expressed about it then proved to be very well founded. SPX closed another week at the upper weekly bollinger band, and as I mentioned last Monday, this is rising at about ten points per week, so if we see the same again next week the target area would be 1522/3 on SPX:


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