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.

Chart From The Comments (Thursday)

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Yet another round-up of a few salient charts that were posted to the comment section of SOH today. Enjoy and discuss.

redvetttes posted: "Q's on the bottom trend line again." (link to his chart)

springheel_jack posted:

Natural Gas disappoints the bulls as ever:


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Tarhini_Trade posted:

Gooooooood morning ladies and gentlemen…this is your captain speaking.
Please go ahead and check your maps on the screen in front of you.


Click for bigger

auger posted three charts covering GLD (here), SLV (here) and GDX (below):

GDX pennant forming:


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facesincabs posted:

Here is an observation I made last night using the $INDU

this $INDU chart, the key here for bulls is valid follow through. BTW,
I have not even looked at the markets yet today, but a quick glance
tells me that the NASDAQ is showing relative weakness to the other major
indexes (e.g., yesterday it briefly diverged from this recent trend).


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St. Deluise posted:

Doing some fib extrapolation (green fibs), i am thinking the top of this
rally will be around 1099 (~1003 SPX) based on how well that jives with
current price action, around July 19th using fib time series as well
(which also predict a ST high tomorrow (1079) and a ST bottom (1067) on
the 13th.

This is mostly a goof but for the record using the
same methods i did manage to predict a low of 996 which is about as good
as you're going to get from the likes of me.


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95 Short Setups w/Stop-Losses (By Ryan Mallory)

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For once, I was able to weed out a large number of setups from my
list, due largely to the strength in the markets from the past two days. As a result, my short watch-list is just a shade under 100.
But about 50 less from the watch-list I posted last time.

Here are the requirements for inclusion on this list:

1) Price and volume pattern is intriguing

2) Stock has been heavily sold-off in the recent days or weeks, but
still remains on the list for a possible short off of a weak rally

3) Stock is one of intrigue to me, such as Goldman Sachs (GS), so I
keep it around in the case that there is a setup that is too good to
pass up.

Most of them right now fall under #2 as the market in recent weeks
has taken a pummeling. The stop-losses for ALL of the stocks have
been updated. Don't be a stranger if you have any questions. New
additions to the list are highlighted in yellow.

Here are 95 Short Setups

Check Out Ryan's Blog at