I’ve got June 2018 puts on XLP (Consumer Staples), so I follow it closely. After a hard break of its trendline, it’s recovered back to the now-broken line.
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.
Twas The Week Before Xmas
A strong start to the week, and we’re likely to see at least some more upside, as the double bottom on RUT/TF that I was looking at on Friday has broken up with a target at a retest of the all time highs. I’m expecting that target to be hit. NQ is testing the trendline resistance I gave last week, and may break up to a higher one. ES is close to the 2700 test and on a break above I have a resistance trendline in the 2711 area. Intraday Video – Update on ES, NQ and TF:
Companhia Energetica
For the insane among us, there’s still a pattern that looks bearish in this all-green market: take note of the similarity between the current topping pattern and the prior one:
Swing Trade ADSK ATI MUR
General Electric Reversal
In the spirit of “everything is going up anyway”, let’s take a look at General Electric, which is one of the few stocks which has actually had a rotten 2017. Take a look at the indicators basing and turning higher as the price collapse seems to have put the brakes on.
