This is over about the past four years or so……….kind of puts things in perspective, I think.
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.
Mind The Gap
SPX falling channel support held again yesterday and that has delivered a strong bounce from the trendline that we would expect. we are now at an interesting stage where at the close last there were fixed buy signals on both of the SPX 60min RSI 14 and 5, and also on the 15min RSI 14 and 5.
So have we made the low for the current move down? Most likely not, or at least it would be a funny looking low. Stan and I are thinking sideways consolidation before the low is made and I’m looking for much or all of this impressive gap up on SPX to be given back by the end of the day. Channel resistance on SPX is in the 1925 area and I have that falling at about 12-4 handles per day. I think that is more likely to be hit tomorrow than today, though I could be mistaken.
Keef Richards
Music means a great deal to me, but I’ve never had much interest in the Rolling Stones. Thus, when I saw on Netflix there was a new documentary about Keith Richards, I wasn’t going to bother, but I noticed what strong reviews people were giving it. Even though spending 90 minutes watching a documentary about Keith Richards would never have occurred to me, I pressed play, and I was hooked.
The Joy of X
At long, long last, Tesla is rolling out its Model X. I have been invited to the opening event at the factory tonight, and if pictures are allowed, I hope to be able to put together a post recounting the event for you. See you later!
