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.
Oh, BRLI?
So Far, So Good (Again)
This morning has been {multiple joyful expletives redacted} terrific. I came into the day with a huge long position on FXE and got out soon after the market opened. The ES was up – – which delighted me, since I wanted to short more stocks – – and I did so in earnest. The +13 points on the ES has withered away to +2 as I am typing this, and the market is in a steady sawtooth pattern down.
I am totally short with 87 different positions.
Is God really this munificent?
Nice Bounce Setup (by Springheel Jack)
There's a nice looking reversal setup on ES at the moment, with some positive divergence on the 60min RSI, and a little IHS that has formed overnight. I have the IHS target at 1230 and declining resistance on ES at 1230.75 at the moment. A nice setup that might play out:
