Just as the right triangle predicted……….
China Keeps Sinking
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.
Ether and 2200
I am typing this post in advance of publishing it, so I’m not sure if the chart will be much different, but I wanted to point out the rather important $2200 level on Ethereum ($ETH). This level was the neckline for the exceptional head and shoulders top that broke down in May 2022, and it is also the top line for the bullish right triangle pattern in formation right now. So this line in the sand will be an important determinant of crypto gets a whole new head of steam going higher, because a successful push above this right triangle would be bullish.
Will Staples Bend?
It looks like Consumer Staples (XLP) has reached peak strength on its sinewave. Will it start to weaken at this point? I’m thinking so.
Barnes Ignoble
Here’s an easy ticker symbol to remember – “B” – which is Barnes Group. This one has a fan-freaking-tastic topping pattern. The only shame of it is that it is fairly thinly traded. All the same, I wanted to share this setup with you, for your consideration.
HCA H&S
On rare occasions, I’ll thumb through my 500 symbol Secondary watch list, and I invariably find a new undiscovered gems. Here is one of them: HCA Healthcare, which is sporting a fine-looking head and shoulders top.
