If you’re eager for charts, I’ll point you to the video I did earlier today. Otherwise, I’m all charted out. In the meantime, you might enjoy this video of John Cleese and Terry Jones (one-third of the original Python boys) speaking at a religious studies conference (of all things). It’s quite interesting, although Cleese does about 98% of the talking (Terry Jones hardly says a peep, and when he does, it’s mostly stammering). Quite an enjoyable chat:
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.
Well, it’s only 4 points, but I’ll take it. At least the uptrend on the ES, firmly in place since the February 11th market low, was taken out today.
Weekend on Monday (Part A)
The Three Possibly Unrelated Bears
Using charts from the ones that I did last night for theartofchart.net basic chart service subscribers, so the ES chart is a few hours old now.
Friday was a strange day looking at SPX, NDX and RUT side by side. NDX/NQ was daddy bear, making the target I gave in the morning and the test of decent support that I gave at the same time. SPX/ES was mummy bear, with a decent retrace but not reaching obvious support. RUT/TF was (possibly adopted) baby bear, becoming so detached from the other two that RUT actually returned to retest the current swing high in the afternoon.