Short update of SPX – I still prefer the blue scenario, but we need to see, how it will play out in the next days. Should be make a new low tomorrow, so I would expect the finish of (i), linked with divergence in RSI. In other case the impulse down is just a-wave of alt(iv). (more…)
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.
Top or not the Top (by Dr Lievesey)
Well, it is a while I wrote my last post about this crazy and manipulated market. But today’s event can be probably marked as a big V-Day (V for the victory). To be short – /ES dropped over 40 points after release of FED minutes, which appoints a probable end of QE program. (more…)