The VIX has been down almost every single day since October 12th. Truly jaw-droppingly consistent:
Near-Perfect Record
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.
2022’s Big Lesson
I’ll come right out and say it. I have gravely mishandled my trading in 2022, in spite of some awesome charting, and the solution to that fumbling is as simple as can be. It all comes down to this chart:
Updated Pairs
Let’s take a fresh look at three pairs charts. The first one is the NASDAQ 100 divided by the S&P 500. The message here is plain as day: that, yes, tech lead the way for many, many years, but it’s done now. It peaked one year ago (precisely the time that stuff like TSLA was peaking) and it has been breaking down ever since. Reality finally caught up with those insane valuations.
Flags – As Above So Below
I’m in the throes of moving house at the moment and am struggling to get posts out so there may be just one a week or so until I’ve finished in three or four weeks. It looks like I may actually need to take a whole week off at the end of the month which would be the kind of holiday where I do no charting at all for a full week. That would be the first time in a long long time but might be a good thing, even if I’m not really a holiday person.
(more…)A Hundred Points
It’s Thursday afternoon, so I fired up the old “Fed Spread” examination in layered charts. Looking at the computed chart, the S&P 500 “should” be at 3850.
