Lord knows the world has been subjected to a mountain of craptastic come-ons from the smarmy world of cryptocurrencies over the past few years……
Crypto Forked Over Again
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.
October 1987
Not exactly a restful night, is it, folks?
I’ve been waking up about every hour. It seems to me today is going to be one of the biggest crashes in history. Anything which is an “asset”, with the exception of bonds, is getting annihilated. Even gold, which initially screamed almost $60/ounce higher after the shock event, is getting killed.
Surviving COVID-19
S&P 500 Index Daily, Weekly & Monthly Pivot Points
Further to my last post, the following pivot point calculations and charts are provided to illustrate a variety of support and resistance levels for three timeframes, namely daily, weekly and monthly, for the S&P 500 Index (SPX).
For a detailed explanation of pivot points, feel free to check out John Person’s website at this link (the creator of this pivot calculator) and use his calculator for your own purposes. Just input the respective candle’s high, low and close values to the second decimal point and press “submit.”
Generally speaking, it uses the prior day’s, week’s, or month’s high, low and close to calculate the following day’s, week’s, or month’s Pivot Point (PP) and its resistance values above and its support values below. Price action above the PP is considered bullish, and below, it’s bearish.
(more…)For Fox & Friends
