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.

Ramsey’s Year-End Review

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Note from Tim: our own Davis Ramsey was kind enough to compose this breakdown of his trading performance. I’d say he’s got Gartman beat!

Conducting a thorough year end review of your trading results is of the utmost importance. While regular monthly reviews are good snapshots and can keep you on the right track, looking back over a full year can show you some important big picture mistakes or successes that you might otherwise overlook.

0204-ramsey1 (more…)

Almost There Now

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SPX doesn’t seem to miss many opportunities to just lie down and take a nap for awhile these days, and Wednesday and Thursday were irritatingly action free, but the thrust up from the triangle has finally got started today. SPX has come close to the ATH retest at the time of writing, and may make it before the close, but regardless of that we should see that full ATH retest and the two main options after that are either a marginal higher high and fail, or a move up to rising wedge resistance with resistance on both the large and small rising wedges currently in the 2312 area.

I’m favoring the latter option as the that gives time for both NDX and RUT to retest their all time highs as well. Either way the swing high should be in by the close on Wednesday. SPX 60min chart:

170203 SPX 60min