Portions of the market are blasting higher without any care in the world. Two good examples are below: the Russell 2000 and the Dow Transports, respectively.
Compound Fractures
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.
Toothless Fangs
There are a variety of ETF products which are constructed from the elements of the FAANG tech stocks. One look at these should send shivers down bullish spines, as they are marvelous topping patterns (and account for a HUGE proportion of market value).
Textbook Examples
As we endure yet another inexplicable intraday reversal, allow me to share six charts of current short positions which I believe are classically excellent patterns.
Super H & S
I stumbled upon this one last night: Super Group (SGHC) which has a fantastic H&S top pattern.
Archipelago
An island reversal pattern is usually kind of rare. With silver so unhinged, lately, it’s become a commonplace event. Clearly this is not the usually reliable bearish indicator it normally is!
