I posted charts on twitter yesterday afternoon showing a possible bull scenario and path back to retest the highs. As we have seen no key support break since those are still very much in play here. The SPX 5min chart I posted below shows the possible double-bottom forming and the megaphone resistance trendline that would be the obvious target on a strong bounce here. If we then saw a break up from the megaphone that should deliver a test of the highs. SPX 5min 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.
