The /ES is looking pretty sweet:
(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.
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.
(more…)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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