I was laying out a possible bearish scenario on SOLUSD (Solana) on Thursday morning. It wasn’t my main scenario but I was saying that on a break under support at 165, it might well deliver. I was planning to write about that in a post this morning as something we would likely see this week. Annoyingly however, I see that my downside target was reached this morning, so I am regretting not writing the post on Saturday. You can see that premarket webinar from Thursday 1st Aug here, and I start talking about crypto at 06.26.
(more…)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.
Mr. Green Beans
Monitor Lizard
Yeah, I think things are getting a bit overboard in the ol’ home office.
Currencies
Perhaps some of you don’t realize SlopeCharts has a wealth of FOREX data. The Yen is driving the entire market right now, so here are a few charts of note:
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Semis Not Done Falling
You’re going to hit me across the face with a semi-defrosted slab of salmon, but I bought AMD puts now. I’m tempted to also buy NVDA puts, but I’ll refrain. These charts are even more damaged than they were at Friday’s close. I say again, regarding all my positions, I have closed NOTHING.
