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.
Breaking Trendlines (by Springheel Jack)
I was watching three key levels on SPX, NDX and RUT yesterday and they all broke up. NDX broke up fairly early in the session and the others at the close. EURUSD also broke the declining resistance trendline, and ZB broke the rising blue trendline from yesterday morning's chart and has been testing strong support in the 142 area overnight. These were all significant breaks and as a group they strong suggest that this rally has further to go, though at over 90 ES points up at the close yesterday from the Tuesday morning low, we might be seeing some retracement sooner rather than later.
Slope Video (by Brian Johnson)
Brian Johnson with TheStockMentor.com and we did see a move back to the downside in the markets with a small pop to end the day. Seems there are still some lower levels that the bulls want to try and hold but overall I don't think it will make much of a difference going forward.
Did you Watch the Support? (By eMiniSchool.com)
Is the Correction Over? (By eMiniSchool.com)
