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.
Further to my post of January 27, the SPX:VIX ratio broke and closed below its 2019 uptrend line on Friday, as shown on the following daily ratio chart.
Failure to recapture and hold above, firstly, 180, then, 200 will signal further weakness in the SPX.
Breaks of the RSI, MACD and PMO uptrends are hinting of further weakness in the SPX.(more…)