I have stated numerous times that SPCX is rangebound between 104 and 150. Well, true to form, this fellow is retreating. It could be months before it breaks out.

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.
It isn’t often you see someone like me who can manage to be tense at a dog park, but I was.
In the midst of dozens of big canines galumphing around, my arms were crossed, my eyes were downcast, and I felt like a tight bundle of nerves, and it was all the fault of the power bottom shown in the illustration below (the one clenching his whitened teeth).
Because God has a soft spot in his divine heart for his favorite chartist, however, the entirety of the /ZB rally that Bessent’s $100 billion announcement yesterday produced has already been LAID WASTE.
To put it another way, in exchange for our failing nation to commit to countless billions of dollars to purchase its own securities in a desperate attempt to curry political favor, Bessent has achieved precisely DICK (which might, on reflection, have a certain appeal to the chap without the unclenched teeth).

I’d like to explain something subtle in SlopeCharts which is important to you folks who use the platform regularly.
I have a perfect example to illustrate this point, which is Moderna (MRNA), a stock which blasted 177% higher yesterday (!!!!!!!!!).
Just look at this chart!

Fewer people in California. Good!
