This is a weekly chart of the /ES that the bulls think is such a great thing to be buying right now.(more…)
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.
Our latest 5-star general, LZ, sent me four ratio charts this morning which he thought could provide some insight. In particular, he wanted to point out how the small caps ($RUT) seems to be poised to outperform the NASDAQ 100 and S&P 500.(more…)
I offer the same layered chart that I did back on March 29th: please note that the summation of advances/declines (blue line) is more and more out of synch with the nominal index values (notice how much has changed in the rightmost 40% of the chart compared to the “steady as she goes” beforehand.(more…)