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.

You’re Inferno’s Dante

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Normally I’d be happy to see the ES down 4 points (which, these days, is enough to get excited about), but in this ridiculous up/down/up/down toggle-rific market we’re in, all it means is that maybe we’ll be red today but we’ll sure-as-hell be green tomorrow. The endless Othello game continues! The red line I’ve drawn is what remains key intermediate-term: that is, support on the ES at 2030.50. If we can break that, we can actually move this stinking market a little lower.

0517-es

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Bonds Building Beautiful Bases

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From Goldsqueeze: The 10-, 20-, and 30-year US Treasury Bonds are all in the final stage of what appears to be textbook cup-with-handle consolidation patterns. Just in case you don’t know, cup-with-handle patterns are one of the most tried-and-true bullish consolidation patterns out there. If you’re interested in learning more on this specific formation or maybe you just need a refresher, Trending123.com offers a nice explanation. So first, here are the charts:

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