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 Change in Tone

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“Well, you see Willard . . . In this war, things get confused out there, power, ideals, the old morality, practical military necessity. But out there with these natives, it must be a temptation to be god. Because there’s a conflict in every human heart, between the rational and the irrational, between good and evil. And good does not always triumph. Sometimes, the dark side overcomes what Lincoln called the better angels of our nature. Every man has got a breaking point. You and I have one. Walter Kurtz has reached his. And very obviously, he has gone insane.”

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Can’t Get The Help

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Having lost new data a few days ago, stockcharts appears to been down altogether this morning. Hopefully this isn’t becoming a regular thing. I’ve managed to locate enough charts for the post this morning as I tend to post quite a few charts during the day, and I have picked three that I posted yesterday for this morning.

The first chart I posted on twitter yesterday afternoon, and it shows the rising wedge on the SPX 5min chart. This overthrew twice before the close and although this is a 70% bearish pattern targeting a retest of the lows on a break down, it may be that this one is going to take the 30% odds route and break up with a target in the 1960-5 area. SPX 5min chart (Tuesday PM):

140617-I SPX 5min Rising Wedge

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