Why does the market never, ever, ever go down? Here are some thoughts:
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.
Four Days of Destruction
A mere four trading days ago, the indexes and ETFs looked poised to do a swan dive. And then, as they have so many times before, and based on no particular reason, they did a total 180 and completely wrecked their setups. Below are just a few examples of how perfectly good (excellent, actually) topping patterns were completely trashed with four days of destructive price gains.
What a Sad Thumbnail!
A Triangle to Watch
First off, the strength in the /ES has been a huge pitcher of ice water into the face of the bears. It has exploded hundreds of points in just a few trading sessions, and we are getting very close to breaking out to lifetime highs for the first time in months.
