The Dish Network has broken its trendline and has bounced up to resistance. I’d say it’s shortin’ time.
Slope of Hope Blog Posts
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Be Here Now
COMPLETELY unrelated remark by Tim – – I never thought I’d be able to say this, but sales of my new book this weekend exceeded the worldwide gross of Kevin Spacey’s new movie.
That was an unsatisfyingly fast low last week with none of the usual bottoming signals, but it was a higher low against the early August low, and the break under the daily middle band on Wednesday was firmly rejected on Thursday and confirmed on Friday, with a decent quality bull flag channel on ES breaking up on Friday, so that flag has a minimum target at a retest of the previous high at 2863.43 SPX, and that puts SPX within easy striking distance of the all time high at 2872.87.
Main support on SPX is at the daily middle band now at 2835, supported by the 50 hour MA now at 2837, and the new ES weekly pivot at 2837.
Full Premarket Video from theartofchart.net – Update on ES, NQ, CL, NG, GC, SI, HG, ZB, KC, SB, CC, ZW, ZC, ZS, DX, EURUSD, USDJPY, USDCAD, AUDUSD: (more…)
Stuporman
It appears that the $420 “funding secured” taking-Tesla-private transaction is as real, genuine, and authentic as the hair on top of Elon Musk’s head.
Arigatōgozaimashita, SlopeCharts
SlopeCharts users may be pleased to hear we’ve added a new study, the Ichimoku Cloud. To get to it, just go to the Studies menu and click “Choose”, and the Technical Studies dialog box will appear. There is a new tab there now:
