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.

Looking at Crypto Support Levels

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In December I was leaning towards seeing a retracement / consolidation on Crypto in the first half of this year and then strong new highs towards the end of the year with possible bull market highs pencilled in for Nov/Dec 2025.

That retracement / consolidation is now in progress and I’ll be looking today at the key support levels I’ll be watching on what I expect to be a bullish consolidation.

Is it possible that the Crypto bull market has already ended? Yes, but I’m leaning against that. I’ll be explaining why that is in my next post.

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Pick Those Stocks!

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Here’s a very interesting little chart: it shows how correlated equities are over the span of years. When the level is high, correlation is very high, which means you might as well just buy the SPY and forget it. When the level is low, it means stocks are all over the place, and it pays to be a good stock picker (using, let’s say, SlopeCharts).

In this instance, we are at incredibly low levels, suggesting that we’ve finally got a market which is amenable to good old-fashioned charting!