I wrote last night about Bears in the Balance, musing that if we pushed a little higher, it was pretty much curtains for the bears. Well, that’s what happened: the S&P 500 and NASDAQ both closed at the highest levels ever recorded. The NQ has burst above its pattern, yielding a very bullish breakout:
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.
Here’s today’s swing-trading watch-list:
Long Beneficial Mutual Bancorp (BNCL)
In the midst of this surging market, one megacap is shaping up nicely on the short side: 3M. There’s a fairly clean topping pattern floating at the top of this ascending pattern: