Slope of Hope Blog Posts

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Tomato Catch-Up

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The market fell half a percentage point, so I suspect emergency committees are being formed in D.C. to introduce new programs for accommodation and stimulation. While we bask in the glory of this minuscule wipeout, let’s review a quintet of important ETFs.

First up is the global equity fund EFA, which continues to be held in contempt, beneath the broken trendline. We are within a consolidation range (green tint). So long as we can stay beneath the broken long-term trendline, there is a prospect of a sell-off more meaningful than half a percent.