Slope of Hope Blog Posts

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Wee Hour ETF Thoughts

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Hello there from the East Coast. It’s about 3:30 in the morning here, Palo Alto time (to which I’m still anchored), so I thought I’d once again take keyboard in hand and share my brief thoughts on nine important ETF charts, after Monday’s wonderful tumble. I’ve put my comments in the caption section beneath each clickable chart.

DIA: The Dow “diamonds” broke above their resistance trendline last week, but thank God, that’s a moot point now. This was a failed bullish breakout, and just like about everything tradeable entity, there’s a big, beautiful price gap now.