This is the fourth weekend post in my Brave New World Series (BNW Series) since SPX broke over major long term resistance under 1600. There will be at least two or three more in the series after this one. These take quite a bit of work to put together so I’ll be posting the others intermittently over the rest of the year. The previous posts in this series can be found at the links below: (more…)
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.
What Do Texas Grease and PCLN Have In Common?
In the laboratory and test kitchens here at TFP, we have been having some fun with volatility. One of our latest studies focuses on statistically prominent inflections in order flow. A favorite setup for light, sweet, and sometimes crude oil is the Sunday Night Snapout – a nice surge right as the globex session opens on Sunday evenings after squeezing shorts the preceding week. (more…)
Fibonacci Triangles
I wrote two posts over the weekend in my Brave New World series. There will be at least two more in the series but they’re very time-consuming to write so it might be a few weeks before the next one, which will most likely be looking at the big picture on bonds. The links to the series so far are below: (more…)
Brave New World Series: 3 – The Rising Wedge Target at 1965
I’ve posted the chart for the rising wedge that broke up on SPX this year a few times with the comment that the upside target was 1965, but haven’t added much to that because I was planning to look at this pattern target in detail in this dedicated post. (more…)
S and P Prediction: Dancing With Mrs. Consolidation Before The Plunge
First: Hope everyone had a happy Father’s Day!
For the full post, please go to http://protectedreturns.blogspot.com/. I am also running a huge promotion there for my premium site (only $5/month for 2 months!).
Markets
As I have mentioned a few times before, the nature of the market seems to have changed from bouncing off of the 50-dma on the daily chart to whip-sawing back and forth with no sustained breakout from the bounce. I have illustrated this in the chart below and discuss its implications following the chart. (more…)
