This is an extraordinarily neat geographical/political divide:
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.
Science Cluster-Bucks
High Retests Likely
I mentioned in my post on Tuesday morning that the historical stats for the rest of this week leaned bullish, and that the stats for next week after the holiday all lean bearish, and after the low on Tuesday afternoon we’ve been seeing that deliver so far.
I capped the chart below after the close on Wednesday 14th with the very decent looking rising wedge that had formed from the low on SPX, and that looked as though that might break down on Thursday 15th, delivering a decent right shoulder high on a possible H&S right shoulder.
SPX 1min (after close 14th Feb) chart:
(more…)SMCI Bar
Gas Line
If you think trendlines matter, I suggest you look at the energy ETF symbol XLE, which has rallied to precisely the resistance side of its broken trendline.