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.

Retail Breaks to New Lifetime High

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I now know something I didn’t know before – – or at least refused to believe. But now I’m a believer. There is no limit to how much crap people will buy in a desperate attempt to fill the void in their souls and desperately pile on credit card debt in a feckless bid for happiness. Keep buying, folks. Consumers will never be satisfied, and they will never stop buying.

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Bull Flag Compression

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ES has been compressing for a couple of days now, forming a likely bull flag for the next leg higher. That may have made a low overnight or may have a bit lower to go before the next leg up begins. A break and conversion to support of the current short term high at 2863.75 ES should clear the path to the all time high retest. Partial Premarket Video from theartofchart.net – Update on ES, NQ:

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