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.

The Broken Crude Trendline

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What a refreshing change, not having to think or talk about debates, Wikileaks, or polls. Nice!

Instead, we can just glance at a chart. Below is the front month of crude oil. The trendline, which broke on November 2nd, has changed roles from support to resistance (circles indicating these points). Vienna OPEC meeting be damned, it seems to me oil is poised to stay beneath this line, so I’m sticking with my energy shorts.

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