Once again, allow me to self-congratulate the post title. C’mon, that’s a good one!
SlopeCharts has another new study.(more…)
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.
Interesting how the overall market, represented here by SPY, is so cleanly range-bound by its moving averages. The 50/100/200 are shown below, and with a lack of major news to jolt the market up or down, we’ve been spending the past few weeks bouncing with eerie predictability.
I know that not everyone hangs out on Slope during the weekend, so just to be sure you didn’t miss it, I wanted to remind folks that:
We’re actually working on a bevy of indicators right now, and obviously I’ll announce those one by one as they are released.
I’m pleased to announce another indicator in SlopeCharts: the Ultimate Oscillator, which more than a few of you have requested.
Surely one of the most dramatically-named technical indicators of all time, this study was developed by famed commodity trader Larry Williams. The indicator is designed to offer buy and sell signals based on trend divergences.(more…)
No, this isn’t an inspirational, motivational post, in spite of the title. Now that we have finished the new technical studies dialog box, we intend to start adding studies at a brisk pace (whereas I think an entire year has gone by since we’d added anything). If you didn’t see the video introducing the new interface, please click here to watch it.
The True Strength Index was created in 1991 as a means to find market extremes and potential oversold/overbought conditions. It is a double-smoothed indicator, relying on exponential moving average as its foundation. Specifically, its calculation is:(more…)
When’s the bounce? When’s the bounce? Who knows. I was playing around with SlopeCharts‘ new indicator dialog, and I like what I see with the 75-day Bollinger Bands. Looks like we may still have some elbow room to the downside.