I watched most of the Democratic Debate last night (which made me Feel the Bern even more than before, and like “I take longer to pee” Clinton even less than before, incredibly). I had never seen Lincoln Chafee before, but I kept puzzling over his face. It’s as if I had seen it somewhere before. Then it all made sense (especially if you’ve ever seen Whose Line Is It Anyway):
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.
Backtesting the 50dma
Yesterday was a very good example of a situation where making a higher high isn’t bullish, particularly when it is a very marginal new high on strong negative divergence. That high made the second high of a small double top on SPX which then broke down with a target in the 1989/90 area. That’s a bit below the 1995 that I was looking for but there are good reasons to think that target will be made. SPX 60min chart:
