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.

Fragile Looking Uptrend

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ES has been on 60min sell signals for a while now, with three of them having fixed since the low, and none of those having yet made target. What’s new today though is that on SPX there were 5min and 15min RSI 14 sell signals fixed yesterday, and a 60min RSI 14 sell signal brewing today. This uptrend could be ending here, and I’m watching rising wedge support, currently at 1935, as a break below would look very bearish now. SPX 15min chart:

160223 SPX 15min Rising Wedge Options

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