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.

A Pair of Pending Gaps

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First off, this is definitely going to be the “lightest” day for me content-wise, as I am wrapping up my quasi-vacation, packing up, and making the long journey home. I appreciate everyone’s understanding! Things return to normal, such as they are, Tuesday morning. Second, for bears, the market is again in a “wait out the storm” mode, but below are a couple of interesting short-side plays once those gaps get filled: (more…)

Three Blind Mice

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Just a short post today as it is a holiday here in the UK today. SPX broke up over 1660 on Friday, so the bottoming pattern is a double-bottom with a technical target in the 1680 area. The real target however is declining (channel) resistance from the high, at 1680 at the moment but declining of course. The SPX daily middle bollinger band is also currently at 1680. SPX 60min chart: (more…)