I will let my charts do the talking today. follow my daily tweets @BoblovesHawaii
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.
Timing is Everything
Monthly Hanging Man Candlestick
The rising wedges on Dow and SPX broke up on Friday after the BOJ QE expansion and held that break into the close. There is no longer any negative RSI divergence on the 60min chart and there never was on the daily, so at the moment there is no active reversal setup here on Dow or SPX. Dow 60min chart:
