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.

The Underbrush

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Although the NQ and ES are higher before the open Monday, it's nothing spectacular, in spite of the big Chinese stimulus package. These markets are still hacking their way through the underbrush (or overbrush?) of price activity above their current levels, and they were already repelled somewhat by that resistance.

The Nikkei has the same danged inverted H&S pattern we're seeing everywhere else (and I note that, due to its near-demise, the NK is now at very "Dow-like" levels; remember when this sucker was over 40,000?)

I suppose the question as to whether we have One Last Cleaning Plunge is still in the air. Having one would sure make positioning a lot easier.