Here’s today’s watch-list:
Long Gulfport Energy (GPOR)
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.
All That Glitters Is Not Gold
SPX and other indices finally broke away from the daily lower bollinger band yesterday, ending the ten day lower band ride downwards. My view here, though I could be mistaken, is that this is a counter-trend rally that will be followed by another move down to a lower low somewhere in the range between a test of the SPX 200 day MA, currently at 1710, and rising support from the 1074 low, currently in the 1650 area. My rally thesis would be weakened by a sustained move above the daily middle bollinger band, which closed yesterday at 1806. (more…)
ES Quantitative Analysis
Very brief post today, just to provide some market direction guidance.
It seems that everybody is betting on typical zigzags that see a market bounce and then go down again (see below). (more…)
