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.

Veni Vidi Vici

By -

In my premarket video on Tuesday I was looking at the setup and the historical stats and, was saying that a consolidation was likely to start the week and, then we would see what the bulls could do with the very bullish historical stats on Thursday and Friday. Well, they came, they saw, and they have conquered so far, so as it stands we now have the start of what could be a serious bullish break up on SPX.

Short term though, SPX is so stretched that the high on Friday was only three handles below the close on the daily 3sd upper band, which is a rare event, so I did what I like to do with rare events, I looked back and crunched some numbers looking at previous examples.

(more…)

PREMIUM: Same Point, Different View

By -

Note: This post is special enough to be labeled a premium post, which means that it is (with the exception of the paragraph you are reading now) visible only to Gold and Platinum subscribers. If you would like to try a risk-free subscription to get immediate access to all premium content, as well as the dozens of other features exclusive for paid accounts, click here to learn about your choices. Everyone is welcome to continue chatting in comments below (or, for a more free-flowing experience, please use SlopeTalk).