We saw a trend up day that petered out in the afternoon on Friday. We may see some retracement today in which case strong support is still at the daily middle band, now at 2089. SPX daily chart:
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.
Update of the SPX:VIX Ratio
As I mentioned in my post on February 24th, 150.00 is the Bull/Bear Line-in-Sand level for the SPX:VIX ratio, as shown on the updated Daily ratio chart below.
At the moment, price is back above this level, after bouncing in between 160.00ish and 120.00ish since that last post.