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.

Resistible Force Meets Movable Object + USD Update

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There’s not a great deal to add on SPX today. Bulls failed to recover over the daily middle band yesterday but did establish a three touch rising support trendline from the 2067 low. This is a springboard to attempt the marginal new high that I’m looking for here in the next trading days and the big gap up is a promising start to that. On a break below that rising support trendline the chances are that both the short term and 2015 high would already have been made. SPX 5min chart:

150514 SPX 5min Trendlines

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