I stumbled upon this performance David Byrne gave twenty years ago. It’s still as brilliant and vibrant as you can imagine. Must watch!
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.
Quarter’s Over Bar
The third day of the 5dma Three Day Rule came and went without a break down, and SPX closed yesterday above the daily middle band in a clear win for bulls. That needs to be confirmed with another close above the middle band today, and that is currently at 2364.
On the hourly chart the 50 hour MA has been converted to support, currently at 2353, and SPX is trying to do the same with the 100 and 200 hour MAs, currently at 2362 and 2366 respectively. If those convert too then the next target will be falling megaphone resistance, currently in the 2377 area, and I’d note that the falling megaphone is a likely bull flag on the bigger picture, so if that megaphone resistance breaks then the minimum target is then a retest of the all time high. SPX 60min chart:
Retail’s Countertrend Bounce Over