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.

Rise in Europe’s Instability and Decline in Volatility

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The following post was kindly provided by IG

Those paying attention to world news in recent weeks could be forgiven for thinking that we were almost returning to a cold war period, as tensions between Russia and the west escalate amongst increasing human tragedy.

Geopolitical risk has been dominating the headlines in a way not seen since the beginnings of the Arab Spring as conflicts in Ukraine, Iraq, Gaza and Syria show little sign of abating. Gaza and Ukraine in particular have distilled into global politics, as interested parties increase their involvement. (more…)

The Shanghai Shuffle ‘n Surge

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China’s Shanghai Index has been quietly rallying since it approached the 2000 major support level once again in mid-June, as shown on the Daily chart of SSEC below. A recent surge has pushed price above the 200 MA, while the RSI, MACD, and Stochastics indicators remained above the zero levels and continued to rise.

Near-term support sits around 2090…a hold above this level should see price continue to rally.

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