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.

Copper Divergence (by Springheel Jack)

By -

Just a quick post today as it's halfterm now and I'm taking my children out every day and catching up on some admin until the end of next week.

We are consolidating here and after that is finished we will either push up further or drop. The boundaries on ES are clear enough. So well delineated are these boundaries in fact that I posted the chart below on twitter yesterday speculating whether a rectangle is forming on ES. If so then the next obvious move would be a test of Tuesday's lows and a strong bounce there to confirm the rectangle. The stats and targets are on the chart but that would be a bullish setup: