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.

Santa Rally Options

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In my premarket video for subscribers on Friday morning on 21st November I was calling a likely rally and looking at weak hourly buy signals fixed or brewing across the board on ES, NQ, RTY and YM.

In my last post on Tuesday 25th November, after that rally had started strongly, I was looking at the resistance levels for the Thanksgiving week rally and looking at the levels at which the strong bearish setup at the start of that week would fail, triggering likely all time high retests across the board on SPX, QQQ, DIA and IWM.

Those levels were all hit and exceeded by the close on Friday 28th November, all the H&S patterns that broke down at the end of the previous week had failed, and all of SPX, QQQ, DIA and IWM had broken back over their daily middle bands and confirmed that break with a second daily close above them.

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