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.
This is a fairly minor improvement in SlopeCharts, but one which I’ve been wanting a while: the ability to alter the weight of Fibonacci Retracements.
Beforehand, this drawn object had a fixed, thin line weight, which made it look something like this:
Well, this is irksome. “Virus Optimism” keeps pushing the market higher.In just a few weeks’ time, about 6,000 Dow points have been slapped onto equities. We haven’t violated any key resistance levels, but I’ve got to say, I’m annoyed. I’ve beat a hasty retreat from 150% committed to 75%. This fact probably assures we’ll start plunging on Thursday.
My last few posts have been a coronavirus COVID-19 series, so I’m putting in the links here so as to refer back to them easily for now. These are the nine posts so far.
18th February – Peering Through The Fog Around Coronavirus COVID-19
24th February – Some Genuine Coronavirus Numbers Coming Through
28th February – Falling Down The Steps
9th March – A Tale Of Two Cities
20th March – A Short History of Superflu Pandemics
24th March – A Short History Of Market Crashes
31st March – The Ghost Of 1987
(more…)SlopeCharts has thousands of fascinating charts in its economic database. Here are some interest rates I found especially fascinating, illustrating some of the craziness of the past six weeks. Click on any chart for a bigger view, particularly since it’ll let you see the title of what you’re looking at.
If I were to look at the chart below with no idea what it represented, I would call it a very strong buy. It has a long, well-formed base. It has surging volume in all the right places. It had an enormous breakout and a successful retracement without violating its breakout. Basically, it has everything you’d want to see when you bought a financial instrument.
