It’s not a big surprise we’re seeing some support at these levels. I hate the term “oversold”, but it really does apply to a lot of the stuff I look at. I frankly think if there’s going to be weakness near-term, it’ll be in GLD and TLT.
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.
Russell 2000 Trendline Definitively Broken
Our 14 month nightmare is over. Thank. God. Now let’s wait for Yellen to screw it up.
Oversold Bounce
The first thing to say this morning that despite the very impressive showing from the bears on Friday, neither of the double-top targets on SPX or ES has been reached yet, and I can’t see any reason at all to think that they won’t be reached in the next two or three days. (more…)
ES Quantitative Analysis
When we started to post our analysis a few days ago, someone in the forum commented that our Stop Loss was too far away…
In the last 2 days the ES tanked more than 50 points, so now our Stop Loss at 1728.50 does not look that far fetched anymore. (more…)
