Slope of Hope Blog Posts
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Originally published on TheTechTrader.com.
The bulls put in a very strong day yesterday and, so far at least, the post-Xmas Santa Rally is intact. Bulls have the advantage today unless the bears can really impress. That would need a break below 2065 SPX this morning for me really & that would be the 2055/6 area on ES.
Xmas isn’t just a season of cheer and bullish tape however, it is also a season of colds. I have a mild cold, my trading bud Mike Vacchi at Princeton Trader has a worse one, and my collaborator Stan Nabozny at theartofchart.net has the worst, having lost his voice altogether overnight, so I did my first ever solo Chart Chat this morning.