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.

The ECAT Revolution (Update)

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We have made a post a few days ago, about a possible correlation between falling oil prices and the advance/progress of a specific new source of energy called “energy catalizer”.

Apparently a well-known russian scientist has now found a way to replicate the same energy device.

But there is more, an article published today by a swedish energy journalist called Mats Lewan, provides a number of charts and data analysis that puts the whole thing in perspective and raises some questions, because it seems plausible that someone has started to bet that oil will not be anymore the primary source of energy for this planet, in the future.

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Technical Difficulties Today

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I’ve been having a few technical problems this morning with my main computer, and currently have no ability to edit charts at Stockcharts and browser access only to my main broken. I should have these issues fixed later but for now I’ll be using charts I did yesterday and a futures chart for CL.

There are clear bull & bear scenarios here and I’m leaning strongly towards the bear scenario, but with the strong awareness also that there is a huge wild card today in the shape of the Fed at 2pm, so I’m keeping an open mind.

The bull scenario is on the SPX daily chart that I posted on twitter yesterday afternoon, and that is showing that the low yesterday was a decent retest of broken falling wedge resistance from the all time high. If that low holds we would now see a break over range resistance at 2064 and at least a test of the all time high. SPX daily chart:

150127-I SPX Daily Poss Falling Wedge Retest

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