Slope of Hope Blog Posts

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Retesting The Rally High

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I’m using two of the charts that I did for theartofchart.net chart service subscribers last night and things are running pretty much according to plan, though we should still see a retest of the current rally high in regular trading hours (RTH), and obviously that can’t happen before the start of RTH. The rally may fail at that retest or run a bit higher, but so far this week everything has gone according to the roadmap that Stan and I were laying out in the public Chart Chat we did last Sunday. You can see the recording for that here, and the section on equity indices is at the start. So far the roadmaps on DX, CL, GC, ZB, NG and SB all looking pretty good as well, though the standout pattern for me was the falling wedge / bull flag setup I was showing on TLT which has been delivering beautifully.

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