One of my most consistent performers is Micron, which has a tendency to form well-formed rounded tops and bottoms.(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.
Well, 2826 was the number, and we busted through it. But I think you’ll allow me a point or two of leeway, right?(more…)
OK, this feels different.
- I’m excited to see equities up strong;
- I welcome to conciliatory tone of the Chinese, which is creating the fabled trade talk optimism this market needs;
- I am so glad to have lightened up!
In any case, this is true progress, and I want to stress how a “chart-friendly” market definitely goes BOTH ways.(more…)
It’s a good day so far, in spite of the clowns in D.C. propping this circus tent up. I’ve got 60 shorts, 100% of which are profitable. Here are a couple of H&S patterns I talked about a week or two ago, and they’re doing great.(more…)
I believe I mentioned 2826, did I not?(more…)
I was indeed puzzled on Sunday afternoon when the ES and NQ opened up nice and green. With the trade “deal” completely mucked up – – I’m talking Trump Steaks, Trump University, Trump Airlines level mucked up – – I assumed we’d just keep grinding lower. But, nope, everything bright green.
I need to stop worrying about such trifles. Overnight action seems to be deliberately misleading these days. It’s quite evident the path we’re on. Suffice it to say that the colors have changed.(more…)