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.

Beautiful Bounce

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Do I like the market roaring higher this morning, thanks to the weakening jobs situation? Nope. Does it make sense?. Yep! This is actually a marvelous countertrend rally, fitting perfectly within the context of the channel of the ES I’ve been following. We needed this bounce. Take note of what the bar looks like in the context of the channel as well as the series of lower highs.