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.
Follow The Yellow Brick Road
I never managed to get a post out yesterday in the end as I was preparing for my vacation so I’m doing an early post today before I go using charts I did last night for Basic Chart Service subscribers at theartofchart.net.
SPX inched a little higher yesterday and a possible strong RSI5_NYMO daily sell signal is now brewing. SPX may go a little higher but not much I suspect, and I am expecting that sell signal to fix within a couple of days. After it does I’m expecting a retracement to at minimum test the daily middle band, which closed yesterday at 2111, and likely lower. SPX daily chart:
Robbins’ Egg
About a week ago, I mentioned in the comments section that a new documentary appeared on Netflix called I Am Not Your Guru, which is about Tony Robbins. Now, I’m familiar with who Tony Robbins is, because it’s pretty hard not to be if you live in the U.S. At first, I thought it would be some kind of tell-all take-down of the man, but it turns out it’s pretty much a two hour commercial for the guy (he did, after all, have total approval over its content).
I found it terribly interesting to watch, however. I tend to view the whole New Age-y, Self-Help-y, Personal Empowerment industry to be pretty vile. It strikes me as shallow, shamelessly opportunistic, and it tries to cloth itself in some kind of spirituality when, in fact, it’s 99% about making a buck. This clown on YouTube captures it nicely (and this isn’t a parody; he’s for real):
VIX Since the Brexit
No fear. No worries. No problems.
