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.

June Charts

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I anticipate June being a month with opportunities for both bulls and bears. More specifically, I am looking for a possible 7-10% correction on $SPY at some point over the next 2-3 weeks.

The June $SPY chart is shown below.
May POC: 282.28
Value High: 296.79
Value Low: 279.46

Not shown on the chart is a Nov /ES POC at 3083. If we see any strength in $SPY to start the month, one interesting setup would be a failed breakout of /ES 3083.