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.

Dedication

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I’ve been working almost my entire life. I have done so because I have almost always been able to labor at something I love.

This web site has been my life for over thirteen years. Far longer than that, however, have been the books I have written. I wrote my first nationally-published book at the age of 16, and I am going to be releasing my 25th book in a few weeks. I consider it my finest work, and a large number of Slopers have kindly volunteered their time to proofread it (note to that group: hang in there, it’s coming).

Each of these books has been dedicated to someone important to me. I have been considering the appropriate person to whom to dedicate what I consider my latest, greatest book. Who has loomed large in my life? Who has always been there for me? And then, on Friday the 13th of all days, it hit me.

And it’s this guy:

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Just One Wafer Thin Retracement Monsieur

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SPX has now broken above both the June and March highs, and should be on the way back to retest the all time high. Short term though we are looking for a modest retracement before the next leg up. The short term ES channel support that I was looking at in the premarket video has now broken, the overnight high is being retested and there is a lot of negative RSI divergence. This retracement should be starting soon and last into the first half of next week. Partial Premarket Video from theartofchart.net – Update on ES, NQ: (more…)

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