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.

Icing The Cake

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Over the last four weeks, since SPX broke back below the 5 DMA after the (all time longest) run over it from the 1820 low, I’ve been using the stats from the largest previous runs to call the likely moves afterwards. We are almost at the end of those stats now, with the last part being to make a new high. That’s already been done on globex overnight but needs to be done in regular trading hours as well.

After that’s done I’d mention that the shortest run over the 5 DMA from a significant low this year was eight days, and we are currently on day five. By day eight I’d expect the 5 DMA to be well over 2060. SPX daily 5 DMA chart:

141223 SPX Daily 5DMA Runs

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World’s Best Investment!

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What if I told you there is a ‘no risk’ investment that will out perform the S&P 500, even assuming the S&P 500 will continue upward at the pace it has over the second half of 2014? Would you buy that investment?

Then consider owning cash, if you are a US resident denominated in USD. Very simply, SPX in USD units has been declining since the middle of the year, with the weekly trend by AROON having gone negative and what looks like a topping pattern forming.

spx.usd

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