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.

Another Premium Success Story

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It makes me feel good to provide excellent ideas to my beloved Gold and Platinum members. First off, they are the ones who honor my hard work with their subscriptions. Second, the profits thrown off from good ideas will, in a tiny way, find their way back to me, because any economically rational member will keep their subscription going. So it’s a nice feeling.

I’m having one of those this morning thanks to this premium post from the 8th of December regarding EFA:

OUTSIDE
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O Me Of Little Faith

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Well, the Tim-is-traveling effect clearly works, even if I travel on weekends. It just has a lag time.

Indeed, I should be ashamed of myself. And ashamed of my fear. What would Dr. Peterson say to me? Don’t be weak! Yet there I was, on the Southwest flight home, and I knew the futures market had opened. I’m a cheap sumbitch, so I hesitated to spend the $8 on Wifi, but I just couldn’t take it. I was eager to see what futures were doing. Probably getting wiped out, right? I sure hoped so! So I paid my eight bucks, fired up thinkorswim, and……….

esopen
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Choices Choices

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SPX did the lower low I was expecting in my last post and found support at the rising support trendline from the March 2020 low, as I had suggested it might.

The strong rally since then is now within striking distance of a retest of the all time high, and if seen, the normal range for the next high of 3% to 4.5% above the 45dma, now at 4598, would now be in the 4736 to 4805 range. That is particularly interesting as that range includes the retest of the all time high at the lower end and I have the main resistance trendline on SPX at the upper end in the 4800 area.

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