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.
Below are three major cash indexes which have sealed, or very close to sealed, major price gaps. In addition to this, they are very close to major Fibonacci Retracement Levels. All of which is to say, if there is a merciful God above, this ridiculous counter-trend rally should be at an end.
All the excitement and fun of Sunday/Monday plunge has been eradicated. It looks like /ES and /NQ, respectively shown below, are on a mission to seal their Sunday gaps, marked with the blue horizontals.
I had sort of forgotten about Palantir and Alex Karp’s ridiculous hair until I saw this just now:
Here’s a fresh short sale idea for you: Kinder Morgan (symbol KMI) which has done a pitch-perfect job sealing up its price gap.
