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.

Right Shoulder, Take 2

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In some ways there’s really not a lot to add today to what I was saying yesterday morning. Obviously we saw new retracement lows yesterday rather than the bounce I was expecting, but that has only strengthened the case for a bounce here. This is the second and last take for this scenario however, if we see much further downside then I will be looking considerably lower as I will explain. (more…)