SPX fell away from the daily upper bollinger band yesterday, so this period of rising up just underneath the upper band has finished. What next? Of the three previous similar instances on the chart below (highlighted blue) two led to periods of sideways consolidation lasting several days, and the third led to a sharp retracement into the daily middle bollinger band, now in the 1587 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.
