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.
SPX made it most of the way to my target area but I’m not certain it’s going to make it the rest of the way. 60min buy signals are already brewing on ES, NQ and TF. I’m ideally looking for a lower RTH low on SPX, NDX and RUT, but it’s possible that the lower lows already made in globex will be enough. SPX 60min chart:
Well, the big week is here at last, and preparations are well underway. The podium at the Eccles building is being prepared. The microphones are being double-checked. And the poor chap who has to shave Janet’s back before each press conference is subjecting his best blade to a strop to ensure an excellent job. We’re all in this together.
When I curled up in bed Sunday night for my brief hibernation, the ES was up double digits, clearly getting a bounce from its deliciously battered state on Friday evening. “Moments ago” (as our friends ZH like to measure time) when I woke up, I was slightly bracing myself for high how the ES might have fought its way back. I say “slightly” because, as I’ve said many times recently, I intend to lighten up quite a bit before The Evil One speaks on Wednesday, and I’m already down to only 60 short positions.
