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.

Market Forecast for 2017: SPX at 2400 by End of Year

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On November 26th, I posted an article which outlined a hypothetical scenario of the S&P 500 Index reaching 2700 by the next U.S. Presidential election in November 2020.

I realize that this is only one of many possibilities that lie ahead for the SPX. However, given the aggressive economic, tax and fiscal agenda that President-elect Trump is currently promoting, it could, very well, materialize without too much resistance.


The Unbearable Lightness of ES

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The alternate asymmetric double top targets on ES were at 2178.5 or 2181, and the current low at 2184 is a fairly close miss of both. The pattern setup here though is suggesting that the retracement low is probably already in. Hopefully some of you saw me mention that on twitter just after the open.

The pattern on ES was a very nice falling megaphone that broke up on the opening spike. This is the kind of setup that strongly suggests that the low is in barring a possible retest to set up a bottoming pattern of some kind. Is it possible that the megaphone is evolving into a larger pattern? Yes, but historically it would be a bad idea to hold your breath waiting for another leg down that wasn’t just into a low retest or marginal new low. ES Dec 60min chart:

161202 AM ES Dec 60min


Slope Plus Price Hike

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Since the final month of the year is upon us, I wanted to make an announcement that, once again, I’ll be raising the price of the Slope Plus membership by 25%.

As I’ve told my existing subscribers, this change will not affect them, and I wanted everyone to know that you can still lock in (forever) the current price of $39.95 per month by subscribing before the year is over.

The reason I’ve raised the price is simple: I’m still charging way too little compared to the competition, which typically has a monthly fee ranging from $69 to $399. Slope Plus has always been underpriced, and will remain so even after this increase, but I need to be fair to myself.

As I’ve said in the past, I save all my best and most actionable ideas for my Slope Plus posts, and you will instantly be emailed whenever a Plus post is published. I won’t be mentioning this price increase again, but I wanted to urge you to subscribe now. Thank you.