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.
I was very pleased to see some Slopers besides myself jump into SlopeRules and share their creations. I strongly encourage everyone to do the same; and don’t be shy about publishing your rule set. We’re all learning together here, and the test results on the page will help us collectively see what’s working. Click here if you need specific instructions about how to share.
As I was thumbing through ETFs, I was struck by how interesting our neighbors to the north and south are looking as short candidates. Here is the fund for Canada:
Thank heavens for SlopeRules. Were it not for this project, I would be going insane with boredom in this market. There is nothing more boring than a captured market, and boy, do we have one of those.
Below I’ve put a few key index charts, highlighting what I consider to be medium-important resistance levels. We are all waiting on our hands for The Big Uncertainties to resolve themselves. Until then, it feels like we’re in a state of suspended animation.
In last weekend’s article, we focused on the relentlessly advancing S&P 500 (SPX) from its December 26 low at 2346.58 into an important Fibonacci price and time resistance zone at 2713.70 on January 31.
The 2713.70 level represented a 62% SPX recovery of the entire September-December decline, while January 31 represented day number 89 since the September 2018 all-time high, and the day that the December-January recovery rally time period equaled 38% of the overarching total timeframe from the September high.
We discussed the likelihood that the confluence of such meaningful Fibonacci price and time relationships could and should stall or reverse the relentless SPX six-week advance, and as such, would be a yellow caution flag for the bulls. (more…)
You may recall in SlopeRules‘ brief lifetime that I’ve made the comparison between it and the first word processor. The first release we created, Version 0.1, was sort of like a word processor that couldn’t save or print. We improved it enough afterward to get it to the “it can save files” point.
I am delighted today to announce that we’re at the “it can print, too!” stage. That is, this thing is actually getting much more powerful. Now it can share.
The notion of “sharing” in SlopeRules is like a two-sided coin. You can share any SlopeRules set you’ve created with the entire community of Slopers. You can also, on the flip side, copy any SlopeRules which others have made public. The community as a whole contributes to the rule sets available and, over time, can help each other build out superior algorithms.
