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.
It is time to kick start the first full week of trading for 2014.
The bulls still are the favorites going into the week despite the negative start last week. Until proven otherwise, you have to assume that the dip buyers will continue to provide the support at critical junctures just like they did in all of 2013. (more…)
A short post today as I’m not feeling well.
SPX has been consolidating in a triangle for the last couple of days. I’m not wild about triangles as they have a strong tendency to make false breaks, making them hard to trade unless there has already been a false break. SPX 5min chart: (more…)