Long-time Sloper Morisse (purveyor of the best jokes on the site) was kind enough to send me these charts with the suggestion that they seem to hint at a recession forthcoming. I am strongly inclined to agree!
Inbound Recession
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.
Beware Of The Balrog
Last week I was looking at the decent looking resistance trendlines and growing mass of negative RSI divergence on both SPX and NDX. Over the course of the last week first the SPX resistance trendline broke, though this could still be a bearish overthrow, and then the daily RSI 14 sell signal failed on Friday, and then the SPX RSI 5 sell signal failed yesterday. That is very unusual and does not favor a significant high being made here.
SPX daily chart:
Last Press Conference?
Bitcoin Heading Much Lower
What Powers Your Computer?
