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.

Open Letter to Charles Koch and Glenn Beck

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Contributed by Sloper Stephan Davied:

It seems that neither of you are ardent supporters of Donald Trump. This open letter is intended to ask you to rethink that position.

Support for Donald Trump has proven to be consistently strong over this election cycle. Even though he seems to make crucial mistakes with his mouth, which has upset many Hispanics and Muslims his popularity only grows. Apparently many people have found a reason to support him, so the question really is why and more importantly why can’t you?

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Looking Up

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SPX has survived the three days of the three day rule and there are multiple reasons to expect more upside here, including the daily RSI 5_NYMO buy signal and RSI 14 buy signal. Hard to call exactly where this is likely to top out but the three main areas for me are a retest of strong resistance in the 1940-50 area, then if broken I have an IHS target in the 1970 SPX area. If 1970 breaks hard then the highest target is the retest of the 100 week MA in the 2007 area.

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