Looking at the 60min chart we are seeing it failing to hold as either support or resistance this week. SPX is making lower highs and higher lows. I’m thinking that SPX is forming a large triangle here, and I think that there may well be a smaller triangle formed within that triangle. SPX 60min 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.