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.
In the last post, which was about what Future Trend was projecting for various ETFs, someone asked if this feature in SlopeCharts could show you how it would have done in the past with its own projections. The answer is yes, and the dialog box which controls this is as follows:.
I was playing around with the Future Trend function in SlopeCharts this morning, and the results I was seeing among ETFs was fascinating. Since Future is based on past price behavior, it is very, very, very biased to the upside, because – – in case no one mentioned it here on Slope – – central bankers have firehosed trillions of dollars of “money” at assets for the past eleven years, so things are tilted skyward.
With that in mind, let’s take a look at what is projected. The “diamonds”, the ETF based on the Dow Industrials, looks poised to continue marching in perpetuity. What I find really interesting – – and you’ll see this on many charts below – – is how obedient even future price action is with respect to the drawn objects.
There is a SlopeChartsfeature which has been in the works for months which I’m very pleased to finally introduce: Grid Charts. I have decided, for now at least, to give access to this feature to everyone, including free Sloper accounts.
Grid charts allow you to display a given financial instrument not just once but two, three, or four times. The charts will be stacked on top of each other vertically, and you can zoom and and interact with each pane independently.
It occurred to me that requiring people to go into Time Perspective mode as a prerequisite for the Date Analysis was a poor design. Thus, we have added direct access to the Date Analysis via this new icon at the top of SlopeCharts. We’ve also made about a dozen small aesthetic improvements.
I just ran this on the Dow 30 going back over a century. Fascinating!
You are going to LOVE this one. Please note to hit Ctrl-F5 on your SlopeCharts page to try it out (so you get a fresh copy).
SlopeChartscontinues to get farther and farther ahead of everyone else, including my (now-deceased) former creation, ProphetCharts, which evidently Ameritrade finally took out behind the barn and shot. (Actually, a Sloper just told me some folks can still get to it, but Ameritrade has said it’s gone for good next month).
We introduced Time Perspective charts only a few days ago. Now we have doubled down on this excellence with a new button, Date Analysis, which you will see at the top of SlopeCharts when you are in Time Perspective mode (as a reminder, this is a premium service, so if you’re not a subscriber yet, there’s no time like the present, especially since I’m about to increase prices on July 1st).