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.

Mind the Gap

By -

There was a six point gap between my support trendlines on SPX and ES yesterday morning and it was the ES falling channel trendline that held the low. Since then ES has bounced as high as 1666.25 overnight, and I have main resistance this morning at falling channel resistance and the 200 hour MA in the 1670-2 area. Obvious support this morning is in the 1655-7 area. ES 60min chart: (more…)