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.
Perfect Trendline Rejection
Once again, EFA proves itself to be the most chart-friendly creature on the planet. Take careful note of the blue trendline and how it repelled the attempt of the price to foolishly move any higher.
The Apple Key
Keep an eye on AAPL, the last blue chip holding up this farce. If we break the channel (about $155), Jim Cramer and all his empty-headed permabull lunatics are going to go down in flames.
Facebook: Perfect Channel Failure
It’s honestly just beautiful. A channel spanning an entire decade, once broken, created rock-solid resistance:
Emerging Still Submerging
The emerging markets fund (symbol EEM) has been in its own, and virtually uninterrupted bear market, since it peaked February 16, 2021 (incredibly, more than 14 months ago; were only we so lucky in the U.S. to have stocks come to their senses like this!) It’s been an amazing progression, particularly given its relationship with its now-broken channel as well as its Fibonacci Retracements.
