Someone recently suggested the means to create a URL that would bring up SlopeCharts with a symbol already entered. Your wish is our command! There is now a new menu item under the Share menu:(more…)
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.
The following monthly chart of Copper shows that price is hovering above the apex of a very large long-term triangle.
Since early 2018, it hasn’t been able to break out above the upper edge of this triangle, confirming the weakness that we’ve been seeing in global markets, to date. My last article summarizes this weakness in a nutshell.
I’ve shown the Rate-of-Change (ROC) and Average True Range (ATR) indicators in histogram format with an input value of one period. I’d watch for a series of larger spikes on each to signal, either serious and sustained buying, or a plunge to further lows (as another gauge to track global market strength/weakness). Otherwise, continued smaller spikes would accompany more range-bound, tepid trading in Copper, as well as global markets, in general.(more…)
I’m pleased to announce another indicator in SlopeCharts: the Ultimate Oscillator, which more than a few of you have requested.
Surely one of the most dramatically-named technical indicators of all time, this study was developed by famed commodity trader Larry Williams. The indicator is designed to offer buy and sell signals based on trend divergences.(more…)