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.

Right Said Fed

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As you well know, Wednesday is the 6th (of 8th) FOMC Meeting of 2025, and it’s a widely anticipated one, since Powell has all but declared a rate cut is guaranteed, and the only unknown is whether the (meaningless) cut will be 25 or 50 basis points.

For months now, equity markets have been stomping higher on a near-daily basis. The trend is utterly bullish, and only a failure of the trendlines shown below would indicate even a whiff of a trend reversal.

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Solana Now Halfway To IHS Target

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Back in my post on 11th April I called the likely start of a strong rally which we then saw.

Back in my post on 12th May I called for new all time highs on Bitcoin (BTCUSD) and laid out possible IHS scenarios on both Solana (SOLUSD) and Ethereum (ETHUSD), looking for ideal right shoulder lows on Solana in the 125.43 area and on Ethereum in the 2074.27 area. That hasn’t gone quite as I drew then but essentially Solana is still running that scenario, and Ethereum has already reached the IHS target.

Back in my post on 23rd June I called the likely lows on those right shoulders made on Solana at 126.09 and on Ethereum at 2113.65, and was looking for that IHS scenario on both to start to play out.

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