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.
Semi-Spoiled
Greetings from 50 degrees, it-hasn’t-rained-since-Christmas Palo Alto. It’s Wednesday night as I am typing this, and I really wanted to say something about the /ES futures…….
Big Top Pee Wee
Good morning, everyone. Well, not much to report. As I’m typing this, the ES is up six hundredths of a single percent point, just meandering beneath its resistance line.
Why Civilizations Collapse
President Biden visits the site where the Fern Hollow Bridge collapsed Friday, Jan. 28, 2022, in Pittsburgh’s East End.
(more…)Finely Balanced
In my last post I was looking at strong daily lower band rides on SPX that have the daily lower band ride as intraday resistance, rather than as support as would be the case on a standard daily lower band ride, and I used a previous instance from September as an example. Interestingly the path then taken by this band ride was similar to that last example, with the daily candle on Monday punching down through the 3sd lower band and then closing back above it, also generating a bullish daily high volume spike, then the daily candle on Tuesday being an inside day trading part of intraday back over the daily lower band, then the daily candle on Wednesday opening an closing back above the daily middle band.
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