The almighty dollar continues to be strong, particularly compared to the Draghi-drubbed Euro. This was a very clean breakout, and there’s no reason to dismiss the idea of a long-term bull market in the buck.
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.
SPX Triangle
I posted the chart below on twitter last night. It shows a triangle breaking up on SPX at the close with a target in the 2033 area. Triangles are slippery patterns and this one could yet reverse and break down, but my lean coming into today is bullish. SPX 1min chart:
