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.

Futurama

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I was playing around with the Future Trend function in SlopeCharts this morning, and the results I was seeing among ETFs was fascinating. Since Future is based on past price behavior, it is very, very, very biased to the upside, because – – in case no one mentioned it here on Slope – – central bankers have firehosed trillions of dollars of “money” at assets for the past eleven years, so things are tilted skyward.

With that in mind, let’s take a look at what is projected. The “diamonds”, the ETF based on the Dow Industrials, looks poised to continue marching in perpetuity. What I find really interesting – – and you’ll see this on many charts below – – is how obedient even future price action is with respect to the drawn objects.

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