Slope of Hope Charts & Technical Analysis for Short Sellers

Slope of Hope Charts & Technical Analysis for Short Sellers

Index Windex

catching up with seven important index charts

Slope of Hope's avatar
Slope of Hope
Sep 05, 2024
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I just noticed that, a few days ago, I did my 39,000th post! The market has been too fun lately for me to notice. Oh, well. There's always 40,000 as a milestone. Let's look at some indexes. I'm afraid it's a bit of a mixed bag of maybe this, maybe that.

The NASDAQ Composite has been crumbling at various speeds for many days in a row, but it may be approaching a modest level of support by way of the price gap (horizontal dashed green line). Slicing through this would open up the door for challenging the August 5th lows sometime this month. Wouldn't that be something?

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