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.

Six Bits

By -

It seems paradoxical, but there are instances in which the lack of detail provides more clarity than the abundance of detail. Because we just finished up the third quarter of the year, I decided to show a variety of graphs with the extremely crude granularity of one quarter per bar, which provides a very different way of looking at the market that can yield some helpful general insights.

Of course, there are some charts in which there’s no surprise whatever, such as QID (the ultra-short on NASDAQ). This just goes to show you, it hasn’t been fruitful to fight the NASDAQ for about two decades.

(more…)

A Fistful of Dollars

By -

I don’t look at FOREX charts very often, but since I’ve been going through all my watch lists (tidying them up, creating new embellishments, labeling them) I was struck at how many good, long-term patterns exist with some of these cross-rates. I’ve plucked out seven that deserve highlighting. As usual, clicking on any image will increase it to whatever your screen can manage.

(more…)

Latest Lowest

By -

What a bizarre twelve hours this has been. Just about every market has been trying to figure out what to do with the debate analysis and doesn’t know what to do with itself.

I’m trying to keep an eye on the longer-term charts, and not the tick-by-tick. The index charts below have been hammering out lower highs for the past few weeks. I’ve marked the limits which these indexes must stay beneath in order for these patterns to remain intact.

(more…)