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.

What Moscow and March 12th Have in Common

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Some facts on Moscow according to Wikipedia:

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Bullish Action Overnight (by Springheel Jack)

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ES held the first support level I gave yesterday morning at the 1360 level, and has broken up through the previous high overnight, holding it as support since. That was impressively bullish, though there is some negative divergence on the 60min RSI. Looking again at the IHS on ES this morning, and how it has developed since I first posted it last Thursday morning, the right shoulder formed on Thursday, it broke up on Friday, the neckline retest was yesterday and it has made it over halfway to the 1384-5 target since that retest. Obviously we may see that IHS target made very soon. Short term I have support at the previous high in the 1371.5 area, and rising support from the low last week is currently in the 1365.75 area. 

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