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.
ありがとう
I’d like to tip my hat to the land of the rising sun for single-handedly throwing a rotten piece of sushi into the market. As the Yen continues to soar in value (against the wishes of Japan’s Powers That Be), our own market is falling to pieces. It was up double-digits on the ES this morning. It’s approaching the same value with a negative sign in front of it right now. (more…)
Distorted Reflections – Bonds
I want to have a good look at bonds today but first I’ll look at the IHS patterns that we’ve been watching develop since I posted the first chart looking at this possibility on SPX last Friday. On ES the IHS is forming nicely, with the next obvious step being to recover over the 50 hour MA, which was intraday resistance yesterday. The IHS shoulders look balanced so for good symmetry this IHS should ideally break up today, and no later than tomorrow. ES 60min chart: (more…)
