One thing sorely lacking in this market is the ability for a selloff in anything to last more than an hour or two. One glorious exception is one of my favorite shorts, Gerdau S.A., shown below. (more…)
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 If ……
The triangles on ES and SPX have continued to develop since yesterday and are now very clear, though both a little rough. ES has retraced to test triangle support again overnight and that is now a very well established support trendline. Here’s the triangle on the ES 60min chart: (more…)
