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.

Possible Crypto Retracement Low

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In my post on Tuesday last week I was looking at the possibility that we might see a modest retracement (by Crypto standards) on Crypto over this week and into the end of September, during the last significantly bearish leaning period (on equities) this year.

In my premarket videos over the rest of last week I was looking at the possibility that daily RSI 5 sell signals might form on Bitcoin (BTCUSD) and Solana (SOLUSD), and that Bitcoin and Ethereum (ETHUSD) might get another leg down within larger bull flags that might be forming from their last all time highs.

We haven’t actually been seeing much bearish action on equities during this historically weak bearish window on equities, at least until the Fed comments yesterday casting doubt on further rate cuts this year, but the pullback on Crypto has been proceeding as expected.

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Dust-Up

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It’s time to do my only physical activity of the day and pat myself on the back.

Yesterday, just before the opening bell, I wrote a post called Dust to Dust in which I declared two insane things: (1) I was going to dump the entirety of my PALL position and take profits, in spite of its strength (2) I was going to defy the entire global precious metals rally and short the miners.

We’re only an hour into the new trading day, so it’s a little early to erect a statue, but the last two times I sold PALL (red arrows) the timing seems pretty decent.

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