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.

The Weakest Month Of The Year

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September is the weakest month of the year historically on SPX, and started yesterday with a significant show of weakness, with SPX gapping below the daily middle band and closing below it. This is the third close below the daily middle band in the last few weeks and, as with the other two, we may see a rejection back up into another marginal higher high, but these are significant signs that SPX may be topping out for at least a larger retracement here.

SPX daily chart:

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