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.

Dow Bounce or Something Else?

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The fear I expressed on my Tastytrade segment yesterday – – that is, the notion that the little bit of selling we saw was nothing more than an easing back toward support — seems to have come true (take note of the green tinted area). So the line that acted as resistance before (magenta tint) is now support, until such time as we get a close beneath that line (if ever). (more…)