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.
You are probably familiar with the fund symbol EEM, which represents the emerging markets. It turns out it conforms to a sinewave quite neatly. These things don’t always work out, but it is worth monitoring in the meantime, because………..it might!
Kindly take note of the Dow 30 ETF, symbol DIA, and its relationship with its trendline. It was support. Now it is resistance. Yes, today is a lifetime high. And that is a phantom.
Those looking for a dip after yesterday’s record-breaking rally got just what they wanted last night, assuming what they were after consisted of a few points on the /ES in the wee hours of the morning.
I like looking at charts. I think that’s clear, because if I didn’t, I would have quit this job decades ago. Thus, when I was thumbing through them the other day, I was struck by a strange parallel. First, we have the chart of Abercrombie & Fitch, the maker of pricey clothing for young people with the famously sexy advertisements.
