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.

Let None Pass the Gap

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Someone on Slope reminded me that the last time we were starting a counter-trend rally, I presented a series of ETFs with some sensible target prices for resistance. I have done that below, and in every case I am simply highlighting the Friday/Monday price gap (AKA the low from Friday). These are the key levels to watch for meaningful reversals, assuming this counter-trend bounce isn’t as insanely robust as some of my peers are saying (like 4400 on the /ES…….)