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.

Valentine Review

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Here are a few thoughts and charts of several markets that may be worth monitoring over the coming days and weeks to gauge potential market strength, sentiment and direction…

The first charts are Daily charts of the YM, ES, NQ, TF, & NKD.

You can see that 3400 is an important level for the NQ to hold on any future decline that may lie ahead. As well, the TF will have to break through and hold above some resistance at 1150 to re-enter its major rising channel. The ES is nearing an all-time high, while the YM has a bit further to go yet in that regard. Volumes have been much higher lately. (more…)