It’s over.
Core NASDAQ Breakdown
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.
Broken IHS
Late start this morning, everybody. Long night. But I’m delighted to see that what could have been a disastrous victory for the bulls has ended in the only result that they deserve, which is disappointment:
Snap, Crackle, and Drop
With interest rates creeping higher, the tech stocks have been slowly suffocating. As a chartist, I am particularly excited to see major trendlines starting to break, such as the NASDAQ Composite:
Another Day, Another Inflection Point
I was saying yesterday that I was expecting the decision in yesterday’s inflection point to be made fairly quickly and so it was. The smaller NDX H&S pattern I showed broke down at the open this morning and has now made target.
NDX 5min chart:
