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.
Energy Reversal
Energy is far and away my biggest focus these days, both by way of a huge long ERY position and a ton of energy shorts. It’s all riding on this chart…….
Holiday Tape So Far
Lower lows on ES and NQ in globex overnight and that was bearish, kinda, or at least it would have been if the lows hadn’t been marginal on positive RSI divergence that has since delivered fixed buy signals on NQ and TF, and setting up double bottoms that have now broken up on ES, NQ and TF. The breaks are marginal on ES and TF so far with NQ almost at target, and if bears are going to turn this today then it should be here at the test of the 2350 SPX area. A hard reversal here would looks for further lower lows, but a sustained break up would likely deliver the day to the bulls. All the targets and setups are marked on the charts below.
SPX 60min chart:
Diana Shipping Ready to Reverse
Yesterday and Today
Yesterday…….
And today, with the reveal………..
