If we are to see a retracement shortly, or indeed if the bears are to get the double-top they are looking for, then this is the place to see it. At the least we should start seeing more two way action here now because SPX closed just under the weekly upper bollinger band on Friday. Weekly closes above this are rare, and even in a strong uptrend this can only rise 10-15 points per week, so more two way action now is likely. SPX weekly chart: (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.
