My crypto obsession, I think it should be said, is forgivable given the state of equities. I mean, take something like the semiconductor index. This is a dynamic, exciting, volatile industry. And yet, over a period of over four months, what is its net change? Zero. Zilch. Zippo. It’s the SOX, for goodness.’ sake.
![soxfour](https://slopeofhope.com/wp-content/uploads/2021/05/soxfour-640x231.png)
Even judged from a shorter timeframe, things have gone from dull to unbearable. Here is the VIX. A couple of weeks ago it was at nearly thirty. It’s about half that now. Scraping along at some of the lowest levels seen in years. Dullsville, Incorporated.
![vixdown](https://slopeofhope.com/wp-content/uploads/2021/05/vixdown-640x889.png)
I am just itching for some trendline failures. All can be said at this point is that the price gaps in various important indexes have held true. I hope it stays that way. In the meanwhile, we wait. And wait some more.
![slopechart COMP](https://slopeofhope.com/wp-content/uploads/2021/05/slopechart_COMP-1-640x343.jpg)
![slopechart COMPQ](https://slopeofhope.com/wp-content/uploads/2021/05/slopechart_COMPQ-2-640x327.jpg)
![slopechart INDU](https://slopeofhope.com/wp-content/uploads/2021/05/slopechart_INDU-1-640x327.jpg)
![slopechart XOI](https://slopeofhope.com/wp-content/uploads/2021/05/slopechart_XOI-640x327.jpg)