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.
Counter-Trend Cycle?
Devil’s Advocate (by Moneymiser21)
With all respect to Al Pacino and Keanu Reeves, we traders find ourselves in a very interesting ‘Devil’s Advocate’ situation following Thursday’s CPI dump and pump.
A good ol’ bulls vs. bears mental match.
The bulls’ case received a few key boosts:
- Our dear bear leader’s 3500 SPX target being tagged, bagged, and bounced off of.
Note that that 3505.24 level on SPX marked a 50% retracement of the move up to a new all-time high from the COVID low.
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