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.
Here are some of the very best posts written on Slope in the year 2023. To read a preface about what this list means to me, please read part 1, located here.
Here are some of the very best posts written on Slope in the year 2023. To read a preface about what this list means to me, please read part 1, located here.
A gentleman who has been reading Slope for the past decade was thoughtful enough to send me the bear below. The photo doesn’t do it justice, because it’s actually pretty big, and I decided to model it on our new kitchen counter to give it the background it deserves. The chap who wrote me wrote me a marvelous letter about himself and the purpose of the bear, and I consider this creature to be my good-luck charm for 2024. Let’s hope she works, because I’m otherwise out of ideas! I haven’t named her yet, but suggestions are welcome.
Don’t let the door hit you in the ass on your way out…………
Today is the last trading day of 2023, and is the only significantly bearish leaning day this week. Historically the stats today indicate 38.1% stats for SPX closing green, and only 28.6% green closes on NDX. That doesn’t of course mean that the day will be particularly interesting, but intraday at least the last couple of days have been more interesting than I was expecting.
On the bigger picture, I was looking for a retest of the 2023 high on SPX to set possible daily RSI 14 and RSI 5 sell signals brewing, and we saw that. The high this week so far is at 4793.30, just 25 handles below the all time high, and I’m still thinking that a decent retracement looks very close, and that SPX might make a marginal new all time high before we see that retracement.
Either way we appear to be setting up for an interesting January.
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