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.
There have been a couple of very decent looking short setups here on SPX and NDX this week, and both times the markets just ripped up through them. The bear flags formed and broke up, the SPX, NDX and INDU broke back up over their daily middle bands and are now testing their monthly pivots, while multiple hourly sell signals that had fixed at these obvious resistance levels failed, including two each on ES and NQ. Altogether it was an ugly week for the bears.
There’s no doubt about it. This broken trendline, dating back a full ten months, is the crucial dividing line for the markets. It held fast all day, in spite of multiple attempts to bust it.
For the rest of August, we’re going to be doing a deep dive into the digital guts of Slope and tidying up the data feeds. Our first effort, whose results are live now, is the Big Movers page (whose data is also available in SlopeCharts and the home page). Not only is the quality of the data higher, but we’ve now provided you four dropdowns that didn’t exist until now.
Before, everyone was stuck with the same page with immutable parameters. Now you have literally dozens of possible pages to examine. Please try it out and email me any problems or issues you see. Thank you!
