Recently Added
slopechart_AU.jpg
Tim's gold short thesis , here is one I just shorted
slopechart_META.jpg
Good very well be a META whoopsie-daisy.
1
slopechart_GDXJ.jpg
Bearish rising wedge on GDXJ.
1
slopechart_QQQ.jpg
QQQ looks like a second-mouse-gets-the-cheese SetUp.
slopechart_CLX.jpg
CLX is winning on the Quarterly, with a bearish rising wedge on the Daily.
Green TLs are from the bottom in 1984....
2
slopechart_GDX.jpg
Bearish rising wedge on GDX.
1
bfmC62D.jpg (990×652)
US unemployment is now worse than Russian unemployment...
bfm9FDE_0.jpg (990×660)
And tech is now trading almost as rich as it has ever traded to the overall market...
slopechart_PANW.jpg
toppy
1
slopechart_ESTA.jpg
Whole lotta information in this ESTA chart.
The downtrend channel from Mar 2022 shows continuous breaks of suppor...
2
slopechart_QQQ.jpg
Was out working in the coal mines all day. Came home to see QQQ pretty and perfect.
2
bfm7343.jpg (990×660)
P/E ratio back to pre-Covid HIGHS
1
22dde88c3fbc251022513b9265324da6.png (1340×876)
The gap between SPY and on balance volumes has widened even more...
slopechart_SPY.jpg
SPY 0DTE Saga - Episode XVI
That was a lot of rage and blood for this to go nowhere in 9 months. At some point...
1
hn4wgf2i0ppa1.jpg (1542×955)
slopechart_TSLA.jpg
wedging
slopechart_PLNT.jpg
fit for a fall
1
slopechart_UBS.jpg
this is fine
slopechart_ELF.jpg
Ouch
1
slopechart_VNO.jpg
wowser
slopechart_XLF.jpg
in the news
slopechart_QQQ.jpg
QQQ needs a better follow-through with this wedge breakdown to lose support of the green 2009 uptrend.
1
slopechart_SLG.jpg
commercial RE plunge
slopechart_QQQ.jpg
QQQ - Dropped from the wedge yesterday. Today tested the top and near bottom, and closed with a doji,
Top green...
slopechart_OZK.jpg
OZK - "Purple reigns."
2
slopechart_$ETH.jpg
Eth triangle update.
9 months brewing. Out the top.
This triangle is everywhere just about.
Dotted red is...
slopechart_SPY.jpg
SPY 0DTE Saga - Episode XV
Now 30+ bars from the bullish breakout.
“Events a month out perhaps get overlooked...
slopechart_QQQ.jpg
QQQ fell out of the wedge, then saved at the 2009 uptrend.
bfm4B38_1.jpg (976×622)
slopechart_$BTC.jpg
Tulip blooming season?
Funtime fibs deployed in semi-permanent fashion.
$28,106
$35,916
$42,229
Notable...
1
bfm4F5C_2.jpg (1030×585)
1
slopechart_OKTA.jpg
slopechart_$SPX.jpg
trend line held today
A deflationary yield curve steepener
Deflation scare upcoming in 2023 IMO. Yield curve indicates the first impulse. Linked post explains.
slopechart_FLR.jpg
FLR lost support from the 2020 low.
3
slopechart_ELF.jpg
Valiant effort by ELF to reclaim the dome, but not likely to stay up there.
slopechart_EATZ.jpg
EATZ has lost support. Again.
Look at all the gaps.
1
slopechart_CC.jpg
CC headed Downtown.
credit suisse 2023-03-19_11-11-21.jpg (1266×672)
1
slopechart_ALLY.jpg
ALLY tripping its way to bottom orange trendline.
1
slopechart_TDG.jpg
Watch toppy TDG. A close below last week's low signals Short.
1
FDIC net unrealized losses.jpg (1004×767)
slopechart_OZK.jpg
The crux of the matter on OZK.
Purple reigns.
2
slopechart_META.jpg
Looking at you, Mark. Watching META to see how the bearish rising wedge plays.
1
Snag_31e99f4.png (948×617)
Bloomberg data reveals that IPOs have only managed to raise $2.4 billion in 2023, which is 43% lower than the amou...
1
slopechart_SPY.jpg
SPY 0DTE Saga - Episode XIV
29 bars since the bullish breakout.
slopechart_SPY.jpg
approaching support
1
slopechart_NVAX.jpg
trend line break, die already
slopechart_ALLY.jpg
perfect bounce off the 61.8% Fib
1
6lqdrjb7byna1.png (544×516)
99% of borrowers have a mortgage rate lower than the current market rate
1
Empire State manufacturing survey
Cost-push inflation? I don't think so. Not in manufacturing. Prices along with several other indicators tanking in...
slopechart_$NDX/$SPX.jpg
NDX/SPX
slopechart_$ETH.jpg
Eth triangle update, mostly for my own amusement.
slopechart_$SPX.jpg
opened above the trendline
slopechart_PINS.jpg
PINS - finally getting their just reward.
slopechart_AIG.jpg
are they sweating yet?
slopechart_ZM.jpg
zooming out, the entire chart is one gigantic turd
slopechart_TEX.jpg
short term support at the 78.6%
slopechart_NVO.jpg
support turned into resistance
slopechart_FEZ.jpg
Lots of room to the downside II
slopechart_EWU.jpg
Lots of room to the downside
slopechart_HELE.jpg
Another tumble for HELE. Green line support from 1990.
1
slopechart_$ADA.jpg
Been a while since I visited the cult of Cardano. For the uninitiated head over to YouTube to watch the leader of...
slopechart_$ETH.jpg
Eth
10 month triangle from my perspective. Red dots are old high from the 2017 bull run. Pretty much parked rig...
slopechart_NKLA.jpg
Maybe hydrogen isn't going to save the earth either, while we are on the subject of composing clever emotional pro...
slopechart_$XTZ.jpg
Even though I like this one, that sure looks like a 3 month bear flag at the moment.
Crypto now down 20-50% sin...
slopechart_$ALGO.jpg
Algorand says murder spree is not done.
My opinion only.
slopechart_$BTC.jpg
Bitcorn
Not for nothing but the big dumb channel everyone probably drew here did its job for the moment.
Crypto...
1
net unrealized losses SIVB_0.jpg (1278×691)
1
slopechart_BBBY.jpg
BBBY looks set on hitting the George low.
slopechart_SLM.jpg
Leader in private student lending, SLM is set to bite the dust.
slopechart_ELF.jpg
We will see how the weekly candle closes, but ELF does not look like it can maintain that high and mighty channel.
1
slopechart_PNC.jpg
One of the largest diversified financial services institutions in the U.S., watch the weekly close of PNC today....
slopechart_$BTC.jpg
Obligatory Bitcoin chart from the guy that thinks not all of crypto is baddy bad bad.
Just smoked where we were...
slopechart_SPY.jpg
SPY 0 DTE Saga - Episode XIII
24-25 bars since the bullish break out.
Year/200 day shown.
so9e0yd2egma1.jpg (1554×680)
1
wm6al35xvcma1.png (680×369)
slopechart_ESTA.jpg
Long way to the end of the day, but if this reversal on ESTA holds, it will constitute a Failed bullish breakout.
2023-03-06_14-35-20.jpg (1280×768)
slopechart_SPY.jpg
SPY 0 DTE Saga - Episode XII
21 days since the bullish breakout.
50/200/year SMA shown.
slopechart_UEC.jpg
Which way?
1
slopechart_FAST.jpg
wow
bfmBD1B.jpg (991×606)
Finally, for some context as to how massively the market has shifted its perception about The Fed's rate trajector...
bfm4CCB.jpg (1053×585)
The pivot is gone and the terminal rate has soared and yet stocks refuse to face reality...
2023-03-03_05-06-09.jpg (802×413)
Gold/Copper ratio, monthly chart
Risk is on copper's side vs. gold. Risk is also against the inflated cyclical macro.
slopechart_ESTA.jpg
ESTA closed with a green monthly candle. Earnings were poor but price shot up anyway. My bet is this fake boob c...
1
slopechart_PINS.jpg
Note the flat monthly horizontal resistance on PINS - unable to cross above for five months.
3
slopechart_$XTZ.jpg
My crypto buddy Tezos maybe thinking about turning the January bottom into a bear flag.
This one is pretty cons...
US stock market leadership: semiconductor stocks, tech stocks, b...
Preferred US stock market leadership view is intact to the Q4-Q1 bear market rally theme.
slopechart_BBBY.jpg
BBBY - Up or down? The wedge seems awkward. Price may cut thru purple support, then make its way down to blue, a...
1
Nasdaq 100 futures (NQ)
Daily chart of NQ is at clear support, needs to hold to remain normal to an ongoing rally situation.
slopechart_CORN.jpg
Watch out for your CORN hole
slopechart_MRNA.jpg
Fighting cancer with carcinogens, brilliant
slopechart_GOOGL.jpg
Keep on googlin'
slopechart_EATZ.jpg
Monthly EATZ - delicious short meal.
slopechart_SPY.jpg
SPY 0 DTE Saga - Episode XI?
I didn't think it would go this long and I am losing track of my own updates....
slopechart_$DXY.jpg
Have a dollar.
50% bounced and we blew through the next one over night.
I think I am going to leave this fun...
https://substack-post-media.s3.amazonaws.com/public/images/529378e6...
Taylor Rule suggests rates should be at..........10.2%
Emerging markets ETF (EEM) and US dollar (UUP, USD)
If you ever want to short USD, just buy EEM. Inverse EM is USD.