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.

My Apocalypse Charts (by Springheel Jack)

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I've posted quite a few charts in recent weeks and months that suggest that we could see a very bad 2012 indeed on equities, EEM, MSWORLD and so on, and I jokingly referred to my 'Apocalypse Charts' the other day when chatting to a trader friend. She asked me what I meant, and I replied that they were the various longer term charts suggesting that the next big move on equities might be to test the 2009 lows. 

I added that I'm not necessarily expecting these to play out, but that they need to be considered as part of the technical mix here, and that if these patterns, mainly H&S patterns with some double-tops there as well, were to complete forming and then break their respective necklines, then that would be a major crash warning that could not be lightly disregarded. There are several such charts that I have posted here so far, and I'll post some more here today. It's fair to say that most major developed world stock indices are in the late stage of developing these patterns, excluding some US indices and those such as Greece, Italy, Spain, Japan etc where they are already either below or not far above those 2009 lows. 

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Vested Interest

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Well, after my own very successful prom date last night, I'm getting a relatively late start.

We Slopers are spoiled by Springheel Jack's morning posts. I don't see one this morning, and I'm a little too 0523-vest bleary to find out why, so I just wanted to put up this comment cleaner for the moment. I hope everyone gets their trading day off to a successful start!

I'll be back later with a post even more thought-provoking and insightful than this one.