SPX blew through the 1597/8 level easily enough yesterday, and so far there is no sign of any IHS forming on SPX, with the best opportunity to do that behind us now. This increases the probability that the lows will be retested later as there is usually (though not always) a clear IHS or double or W bottom at a main retracement low. (more…)
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.