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.
Whenever I’ve mentioned Apple, I’ve mentioned its broken channel, which is the most important feature of this largest-of-all-public-companies. I’m pleased to see that yesterday’s peak was the exhaustion point, and we’re reversing away from that very potent failed pattern.
The symbol EFA represents worldwide equities outside of North America. There is a blue trendline that dates all the way back to the financial crisis bottom, some thirteen infinitely long years ago, and yesterday we did a PERFECT touch of the underside of that now-broken line.
The title pretty much says it all, but to recap:
The topping patterns on the major indexes are awfully good looking lately. Below, I’ve put forth my best efforts to figure out the appropriate price level where the definitions of the topping patterns go. Newer Slopers, please note that you can almost always click on a given chart to get a big screen-filling version of it.
