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.
It’s Thursday evening as I am typing this, and the NQ is down over 200 more points. Nice! But the real key is a certainly horizontal line which is its low for the year. I’ve drawn a red line showing how much deeper selling would have to go to break this line, thus creating a failed bullish breakout.
Dedicated to Cloris Leachman, who just died at 94:
By using the True Strength Index against some major equity indexes, we can see the breakdown starting to show. Here is the Dow Jones Composite:
Quick note from Tim: please read my Time to Test post; very important!
Meme via r/WallStreetBets
(more…)OK, finally a post that has nothing to do with GameStop. Promise.
It has to do with something we’ve been working on for months, which is the new Slope website. Now for anyone who is suddenly all hot and bothered about those words, let me calm you: there is virtually nothing different cosmetically about the site. The underlying foundation is quite different, but what you see and use has barely changed.
The underlying code which has changed the most is related to comments………
