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.
The toughest projections to make are corrections after the completion of a major directional move. Shallow? Deep? 25%? 60%?
Such is the case with USD/YEN in the aftermath of the start of a new up-leg from its June 13 low at 93.79 to its July 9 high at 101.50. (more…)
Excerpted from NFTRH 250 (August 4, 2013)
- the quantity of motion of a moving body, measured as a product of its mass and velocity.
- the impetus and driving force gained by the development of a process or course of events. (more…)
While this top we have in place right now has not yet confirmed itself as a top, the only way to consider it a top of all of green wave (3) or yellow b would be with a truncation in place. Those that have been with us for a while know that I am not fond of truncations, as they are very unreliable trading cues, and are often invalidated as tops. (more…)