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.

Neat and Tidy

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Despite priding myself on organization, my watchlists in SlopeCharts have become anything but and are instead a hot mess of charts not reviewed in months (and in many cases, years). Oh, dear. Goes to show how leaving for tomorrow what can be done today, has a way of messing things up.

Taking watchlist cleanup on as challenge, I began the process thinking there would be plenty of purging, but so far, that’s not been the case.  I started with just the “short” watchlists, four of them totaling 178 issues, and haven’t nearly gotten through those.  Another factor is that most of the charts I’ve reviewed so far still deserve the “short” classification.

Starting with good ol’ almighty SPY, here are a few charts plucked from the still-messy short watchlists. [Note for all charts: green and red horizontals represent the top and bottom of the Ichimoku Cloud.]

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Data-Free Meanderings

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Welcome to Wednesday, everyone. Let’s start off with the Russell 2000 futures, which have been following a delightfully predictable pattern for a solid two years now, having been confined to the lower range that I’ve highlighted. You can see this was preceded by a higher range, whose support now acts as resistance (which, in turn, we recently tagged). The point here being that, given the past two years of movement, it is more likely we weaken than strengthen in the weeks ahead.

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