This weekend, I was thumbing through my highlighted copy of David Stockman’s The Great Deformation (about which I wrote a lengthy and over-the-top laudatory review last September here) when this passage caught my eye:
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.
Seven Brides for Seven Brothers
SPX had a strong day yesterday and came within two points of testing range resistance in the 2064.5 area. We should see today whether bulls can break over that strong resistance. If they can’t then support is at the daily middle band and 50 hour MA in the 2031 and 2026 areas respectively. SPX daily chart:
Bullish Breaks
The double bottom on SPX broke up yesterday with a target in the 2069 area, slightly above range resistance in the 2064 area. I’m looking for some retracement this morning to establish a rising support trendline. SPX 5min chart:
Crude Oil’s Gusher
Oil has rallied about 25% in just a few days, and some oil stocks are up even more than that – – breathtaking……..
