The /ES is looking pretty sweet:
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.
All My Lovin’
This is just a jaw-dropper of a chart. The company is AppLovin, which is up about 1500% since last year. That’s fifteen hundred percent.
A Possible Headwind For Gold
Waiting to Strike
One of my many bearish positions is CrowdStrike (CRWD), which as of this writing is getting deliciously close to a trendline failure. By the time you read this, perhaps it will have already happened.
Small H&S On Bitcoin
Bitcoin (BTCUSD) has been retracing for a couple of days now and I mentioned on the premarket video yesterday morning that a possible small H&S was forming that might deliver some more downside. Since then that H&S has finished forming and has broken down with a target in the 63,500 area.
Now there is always a chance of course that an H&S may reject back up to the high, and if we see that here, this H&S would fail with a target back at a retest of the last high at 69.5k on a break back over the right shoulder high at 67,801.
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