Slope of Hope Blog Posts

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Bullish Stats Today

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SPX finally delivered some retracement yesterday, the sell signals I was talking about in the morning all fixed, except on RUT, and rising wedge support on SPX was broken. The high for this move may well be in, though I’m very much wondering about a possible retest of the high and marginal higher high here. If so the LOD so far today at 2085 would be a natural place to start that move. SPX 60min chart:

160601 SPX 60min