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.

Now We See

By -

This is going to be my top chart every day until the daily RSI 5 hits 60. Over the seventeen buy signals from this chart back to the start of 2007, fifteen made the signal target at the 70 level on the daily RSI 5 and the two failures both failed above the 60 level. As ever there’s no guarantee that this time won’t be different, but the short side is very low probability historically until the daily RSI 5 hits 60, at which point shorts will be upgraded to just low probability until it hits 70. The RSI 5 high so far on this move is just over 50. SPX daily vs NYMO and RSI 5:

140813 SPX Daily vs RSI 5 and NYMO

(more…)

Muddled Messaging Ripe For Opposition

By -

One can’t help when looking at all the geopolitical as well as threats of non-containment of the deadly Ebola virus and wonder: Who’s in control here?

Here’s a hint – it’s not the people lining up to give the message via oratory salvos. In fact, the clearest of messages coming out of the geopolitical realm are happening rapidly, methodically, and very much with blinding clarity allowing deeds to speak rather than words.

Just one example of this can be shown when the more one looks only for the outbreak of war, the more one misses other acts which can have just as dire consequences down the road. i.e., Developing friendships of rivals where the focus of that relationship is to oppose – you. (more…)