I have had an excruciatingly busy day. Ironically, I was going to do a post about how I am done apologizing (e.g. “blogger’s guilt”), but I didn’t even have time for that……so I’m in the awkward position of being tempted to apologize for not having time to write about a post about how I’m never going to apologize to my readers again. (more…)
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.
Here’s the day’s trade setups:
Long American Axle & Manufacturing (AXL)
I was expecting SPX/ES to make a new high yesterday morning but it failed just underneath, which was a significant bull fail. ES then went to retest support in the 1826 area, breaking below the pattern trigger level on a small double-top targeting the 1815 ES area, but instead of following through on the break down ES then bounced strongly for the rest of the afternoon, which was a significant bear fail. (more…)
1) We know that our analysis is completely different from anything seen before and also it is hard to swallow for die-hard technical chartists, so we want to thank you all for your continued interest and support.
2) We have tried to further simplify our presentation of the product, now slimmed down to only 4 screenshots, 2 LONGs, 2 SHORTs, 2 are focused on the TIME stretch analysis (Consecutive Closes) the other 2 are focused on the PRICE stretch analysis (Odds % Comparators), and they all combine the analysis on 3 main time periods: Daily, Weekly and Monthly.
3) Recently someone in the SOH forum commented that the smaller time periods cannot predict the longer time periods, but that statement reveals complete ignorance of the basic nature of time periods (i.e. how they are actually created). (more…)