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.

A Resurgence of Divergence

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Quite a day we had, wasn’t it? It was looking pretty ugly out there for a while: BDI and I were engaging in our traditional woe-is-me email exchange, which normally marks an important reversal point in the trading day. What I’m watching with great interest is whether or not the 50-day EMA crosses beneath the 100-day EMA, which hasn’t happened in many years. The last time it happened, in a high school girl teasing kind of manner, was in November of 2012 (marked with arrow). The 50 skirted right on top of the 100 until a furious and vicious rally commenced afterward. (more…)

SandRidge Energy (SD) on the Move

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SandRidge Energy (SD) appears poised for upside acceleration after spending the past 2 weeks consolidating its March-April up-leg. All of the action off the April 23 rally peak at 7.10 has the right look of a mature bull flag-type of consolidation pattern that should resolve itself to the upside in a thrust to the 7.50 level in the coming days. (Click on the chart in case you actually want to see the damned thing).


By Mike Paulenoff, originally published on