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.

Flag Or Three

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It's Brian Johnson again and here's a video on the current state of the markets and what to look for as we move forward. Both the DOW and the SPX are still in bear flags but they're still NOT confirmed until we break out of them to the upside! The big gap down today certainly didn't give anything away as to where exactly we are and what our next direction will be. I still remain neutral to bullish in the short term until we close below 1075 and bearish in the longer term.


Fall Down Friday?

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It's Brian Johnson again and here's a video on the current state of the markets and what to look for as we move forward. The markets pushed up one more day but I was collecting shorts. We're getting pretty over extended here and I feel the risk is in holding long as opposed to holding something short at this point. The DOW and NDX were both able to close above their 50 day MA's but the SPX couldn't quite do it. Be careful if you're trading to the long side.

This Ain’t No Bull!

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It's Brian Johnson again and here's a video on the current state of the markets and what to look for as we push forward. The Indices broke above the bear flags we were watching in the last video and are headed for some very strong overhead resistance levels. These bigger overhead levels, if they are broken, will more than likely lead to some bear covering and could push these markets up to the 1115 mark on the SPX. My overall view is still that of a correction so I remain neutral to bearish in the longer term.