Well, I knew it wouldn’t last. I was having way too much fun last week for the market to just keep burning to the ground. I will say, however, it’s not a surprise. We got within spitting distance of a major Fib level (circle).

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.
Well, I knew it wouldn’t last. I was having way too much fun last week for the market to just keep burning to the ground. I will say, however, it’s not a surprise. We got within spitting distance of a major Fib level (circle).

There is no shortage of charts with actionable setups. Pickens are not slim. There is a veritable abundance of issues, especially during this earnings season, and here are four.
META has been a hard nut to crack. If it is going to crack, purple reigns in the near term.
Price is above the Ichimoku Cloud (thin as a rail, it is), and in a short term downtrend from what may be a double top.
A formidable bearish rising wedge broke the highs in September 2021.
How formidable is the current rising wedge? The negatively diverged indicator would have price falling.
Earnings are October 25.
