Just yesterday, I mentioned 2626 as an important limit for the ES. Well, just to screw with me, they managed to get it to 2626……..and a quarter point. But at least it retreated rapidly afterwards.(more…)
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.
American car manufacturer Ford (symbol F has been slipping away from a formidable amount of overhead supply in the form of a triangle pattern. This is one of my 53 “live” short positions.(more…)
Someone suggested that in order to stop the ascent of equities, I should post something bullish. No problem! Here is the chart of the heavily-traded emerging markets fund, symbol EEM. Take note of its clear bullish breakout from its descending channel of 2018:
The last three weeks have been harrowing, to say the least, for the two or three bears remaining on Earth. In spite of that, I would like to offer to anyone out there the charts of positions I shorted moments ago: