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.
Bet the House
If you believe, as I do, that real estate is going to be in trouble, I have three ETFs to suggest as long term (let me put that in caps……LONG TERM) bearish positions. This is not a 0DTE trade. This is something which I think will be good for months to come.
The first, XHB, is mashed up against the top of an extremely long-term price channel. Let’s just say it’s got plenty more open air beneath it than it does room to roam above it.
Hanging in the Lounge
Pushing and Pulling
One excellent representation of the “risk on” and “risk off” mindset of the general public can be found by way of Bitcoin, even if what we’re talking about is equity markets. For many months, this thing has been thrusting up and easing down (yet with successively lower lows and lower highs), surfing along with the capricious psyche of the investing public.
Break Up On Crypto
All the new weekly pivots are on the daily charts posted below.
The last few days I have been watching the resistance at the daily middle band on all three of BTCUSD (Bitcoin), ETHUSD (Ethereum) and SOLUSD (Solana). An H&S pattern had formed and broken down on Solana, and another was still forming on Ethereum. If resistance at those daily middle band held then the setup was likely to break down further, into targets of 119 on Solana and 2,250 on Ethereum. On a sustained break up over those daily middle bands, and the failure of the H&S pattern on Solana on a break back up over the H&S right shoulder high at 152.17.
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