Slope of Hope Blog Posts

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December Bull Bias Ended Friday

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The stats were strongly with the bulls last week but that ended on Friday. The historical stats this week are neutral today, tomorrow and Friday, strongly bearish on Wednesday, and the markets are closed of course on Thursday. SPX needs a retracement to set up a decent rising support trendlineand we  should see that this week before SPX makes the first run at 2100. SPX daily 5 DMA chart:

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