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.
I treat charts with a great deal of reverence, bordering on mysticism at times. But there are times when even I am incredulous that a given object on a chart actually has any say-so in what the price is doing.
I was reminded of this tonight, because I noticed a strange blue trendline on a chart whose purpose I didn’t remember. I zoomed back to a bigger time period, and the anchor points still weren’t clear. Only when I backed up a full decade did I see the line, and it turns out to be the supporting trendline for the entire ES uptrend.
Mentioned many times before, but just an update………
I haven’t shut up about XME for weeks, and with good reason. It’s one of the clean analogs I’ve ever seen, and the pattern we’ve been watching has been unfolding beautifully.
Over the past week, my crew and I have been hard at work optimizing and speeding up Slope to try to deal with our ever-increasing popularity. The LiveCam of our efforts would look something like this: