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.

The Power of Intermarket Analysis

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I've seen a lot of terrific charting here at Slope.  Everyone has their favorite indicators and methods, which taken together usually tell the story with reasonable accuracy.  My personal favorite (which I don't see a lot of unfortunately) is the intermarket spread, or ratio, chart.  When the market makes a powerful move or takes out a key level, we're all trained to look for confirmation.  Whether it's volume or your favorite momentum oscillator, we need tools to tell us whether a lower low is going to stay that way or is in fact ripe for reversal.  Spread charts are an awesome ancillary indicator that I don't see chartists use enough.  Part of what's cool about them is the securities observed can be customized to fit the focus of traders at a particular moment.

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