The use of correlation has been used in speculation for 100’s of years, no matter if its horse racing, bird racing or the stock market. While it is working it has the speculators attention. (more…)
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.
Leading Sectors
The RTT Market Timer highlights signs of strength (SOS) in the SP500 that usually result in a change in trend from bearish to bullish. The Richard Wyckoff way to select the leading sectors, then the leading stocks. On the charts below are colored triangles, the reader must understand not all are selected for trading, each is judged on its merits and the news of the period. Site members are of course free to act as they wish. (more…)
Dow Jones Forecast Based on Past Cycles
W D Gann was a master at finding patterns in the past to guide the future.
W D Gann forecasters are following this chart:
Two patterns from the past with a correlation greater than 90% below. The more data in the pattern with a high correlation is more significant than short time frames, simply as they are rare.
shrink
Investing Quote…
…”In the long run commodity prices are governed by one law – the economic law of demand and supply”..
Jesse Livermore
..”If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks”..
John (Jack) Bogle
Big Channels are the Highway
The more data you have, the easier it is to see critical levels. (more…)
Reading Price Richard Wyckoff-Style
A road map for all Wyckoff price action is available that can be applied to all charts and price action. (more…)
