SPX rose to hit the daily upper bollinger band again yesterday. That is significant resistance, so the chances are that any further moves up this week will be incremental, delivering two to four points of increase in a day. The negative divergence on the daily RSI has a little more room here, but will most likely be killed off as a signal if SPX should reach the 1540 area:
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.