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.

The Picture of Confidence

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This is kind of an amusing real-life clip from my Friday morning. I have my routine (as you undoubtedly have guessed), although I was running on the late side. I had my dogs loaded in the car so we could go pick up my chai, but it was already 6:30 in the morning (note the black exterior through the windows), so I sneaked into my home office for a quick check to see if I had any emergencies or problems to deal with among my bazillion positions. My reaction pretty much tells the story.

Finely Balanced

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In my last post I was looking at strong daily lower band rides on SPX that have the daily lower band ride as intraday resistance, rather than as support as would be the case on a standard daily lower band ride, and I used a previous instance from September as an example. Interestingly the path then taken by this band ride was similar to that last example, with the daily candle on Monday punching down through the 3sd lower band and then closing back above it, also generating a bullish daily high volume spike, then the daily candle on Tuesday being an inside day trading part of intraday back over the daily lower band, then the daily candle on Wednesday opening an closing back above the daily middle band.