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Key Trendline Failures
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ticker lesson
Breakdown
0:01EM· ticker
EM — trend line failure, 20-year channel broken
- Sharply ascending channel broken
- Long more than a year bear market
- Similar event recently failed
- Failed for first time in 2-year uptrend
2:13EM· ticker
EM — price gap, overhead supply, failure zone
- Price gap anchored to Wednesday's low
- Delineation between overhead supply and failure zone
4:32EWZ· ticker
EWZ — uptrend intact since liberation day bottom
- Uptrend intact since liberation day bottom
- Broke long time ago, went higher
- Lifetime highs a couple of weeks back
- Tremendous gap from election
6:47FXI· ticker
FXI — long-term target at 27, descending trend line
- Long-term target at 27
- Steadily working toward 27
- Persistently below descending trend line
- New gap forming right triangle pattern
6:48IWM· ticker
IWM — uptrend broken, red line changed to resistance
- Uptrend broken, red line changed to resistance
- Acted as resistance repeatedly
- Lifetime high mid-August
- Relatively steady slide since
6:49IWM· ticker
IWM — failed trend line, resistance at red line
- Failed trend line, fell a week, rallied
- Perfectly touched underside of trend line
- Resistance at red line, not super strong
6:50SPDR· ticker
SPDR — shorter term trend line, Iran War bottom
- Shorter term trend line anchored to Iran War bottom
- Struggled with trend line
- Fully broke trend line, rallied, then fell
6:51XLF· ticker
XLF — longer term trend line, 2023 bottom
- Longer term trend line since 2023
- Banging around trend line, finally failed
- Topping pattern formed
- Thursday's high as resistance
6:52SMH· ticker
SMH — 18-year uptrend, AI-driven sharp rise
- 18-year uptrend, AI-driven sharp rise
- Lifetime highs in June
- Cracked multi-year ascending channel
- Resistance at Wednesday's low
6:53SMH· ticker
SMH — failed channel, most important event this week
- Failed multi-year ascending channel
- Most important event this week
Informational only — this is Slope of Hope’s content, decoded by Plutus. Not Paid Daily’s advice or a recommendation. The outline, timestamps, and claims are extracted from what the creator said; verify before acting.