Yesterday was a trend day and the odds favor a day or two of retracement or consolidation afterwards. SPX also closed a clear ten points below the daily lower bollinger band, and while it is easier for SPX to trade well below the lower band in a strong downtrend than it is for it to trade well above the upper band in an uptrend, it still has some magnetic pull. We may well retrace or consolidate today. SPX daily 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.
