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.

Candlesticks & Levels (by Xerxes)

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I’m watching a few different timeframes to get ideas from a technical perspective in SPX. I’m sure everyone in the past two weeks has been hearing about how “After a large down year, the S&P 500 returns +%”, blah blah blah. While I understand and occasionally do studies like that, I think calendar year is simply too long of a timeframe. It doesn’t capture the length or nuance of the bear markets to determine the next short-term move as we only have about 70 (?) reliable yearly candlesticks to base any analysis on, which doesn’t seem like a lot at all. I prefer to use quarterly as the longest time frame for my candlesticks.

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The 200 WMA Support

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I just finished reading a premium post over on ZeroHedge (which seems to toggle from bullish to bearish on a daily basis in recent weeks) which made a big stink about how this was a great time to buy stocks, because they have found support at the 200-week moving average. Well, it’s true, ever since the printing presses went white-hot following the financial crisis, the 200-WMA has indeed been an important bounce zone.

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