Slope of Hope Blog Posts

This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.

General Examination

By -

It seems like a very quiet weekend here on Slope – – maybe people are just exhausted from a brutal Q1 – – so I thought I’d just thumb through a few ETFs with you and share some thoughts.

First up is the Dow Jones Composite, which is an amalgamate of the Industrials, Utilities, and Transportation indexes. We’ve got a small topping pattern on this, and last weeks’ strength simply brought it to the underbelly of resistance. What I’d expect at this point is continuation of weakness, with the big test being that green tinted area below.

0401-comp

(more…)