Slope of Hope Charts & Technical Analysis for Short Sellers

Slope of Hope Charts & Technical Analysis for Short Sellers

On the Right Track

this is just what we want to see

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Slope of Hope
Dec 19, 2024
∙ Paid

As of the composition of this post (about 90 minutes into the trading day), the /ES and /NQ are both green. However, that is precisely what we want to see. Allow me to illustrate with the /ES:

The worst possible morning for the bears would have been, paradoxically, a plunging market. That's precisely the kind of "final flush" that marks a bottom and, frankly, I'd love this kind of crumbling market to continue for - - I dunno - - the next decade or so.

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