ES reached the 1688-90 target area I gave yesterday morning and reversed there. That could have been the short term high that I’m looking for, but if so then I would have expected the 50 hour MA to be tested overnight and break. As it is it was tested overnight and held, and ES has bounced back to 1680 at the time of writing. If that continues to be the case today then we may well make a new high not too far above and I am running two scenarios for that. (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.
