Slope of Hope Charts & Technical Analysis for Short Sellers

Slope of Hope Charts & Technical Analysis for Short Sellers

Winning Losers

some success stories

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Slope of Hope
Sep 26, 2024
∙ Paid

It was heartening to have a day of substantial gains for a change. The past couple of weeks have been rough, and waking up at 3 every morning to worry about the markets really isn't my cup of tea. At least China didn't "stimulate" us all again.

The balance of the week has two events: the first, Thursday morning, is when Powell speaks and says God-knows-what to try to prop up this agonizing absurdity of a market. The second, the PCE on Friday, is a key inflation report, although I'm not sure what could be considered good news since the Fed has already rolled over on its back and pledged another 50 bps rate cut real soon now.

Anyway, I'm very happy with all 16 of my bearish positions, and I wanted to share with you the update charts of my favorite eight among these. As always, I've zoomed in the most salient portions, and clicking any chart will make it more readable.

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