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.
Those damaged trendlines will hopefully mean something. This is daily data ending on Friday, and I should hasten to add that these charts were created before President Stable Genius completely mucked things up with his idiotic Greenland nonsense. In any case, I submit to you that the subtle breakdown in these charts was a helpful “heads up” that the man was going to screw things up, just like he has so much else in his life. Here we go…………
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.
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).
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.
I stumbled upon this one last night: Super Group (SGHC) which has a fantastic H&S top pattern.
