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.
Weekly Stat Target Finally Reached
Three months ago or so I called a likely retracement target back in the 2100 area on the punch over the weekly upper band and a few weeks ago I clarified that as requiring a test of 2109 at minimum to satisfy the stat. That target was finally reached yesterday. I suspect that was the longest time taken to reach that target from my past examples.
SPX is not showing positive divergence on any timeframe yet and I doubt that any kind of meaningful low was made yesterday. I have possible flag support in the 2090 area and on a hard break down I’d again be looking at the 38.2% fib retracement target at 2047. SPX daily chart:
Voting with the Stars
A hodgepodge of “celebrities” have vowed they will move (typically to Canada) should Trump win. They include Miley Cyrus, Cher, Whoopi Goldberg, Rosie O’Donnell, Jon Stewart, and Bryan Cranston.
As a point of reference, here are the stars that pledged they would leave the country in 2000 and 2004 if Bush was elected President:
- Alec Baldwin
- Kim Bassinger
- Tina Fey
- Barbra Streisand
- Robert Altman
- Sean Penn
And here’s the list of those who actually followed through with their pledge.
- .
There is only one appropriate response to this:
