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.
Charts of the Day (Harry Boxer)
Originally published on TheTechTrader.com.
Chart on GLD (Mike Paulenoff)
So far today, the weakness in the SPDR Gold Shares (NYSE: GLD) has not inflicted significant technical damage to the Aug-Sept uptrend. To do that, the GLD must break back beneath today's low at 126.61– and follow through to violate the prior significant pivot low at 125.58.
A breach of 125.58 will inflict meaningful damage to the dominant uptrend, which should trigger additional selling pressure that drives the GLD to test and likely break its Aug-Sept up trendline, now at 124.80 within a developing correction of the the two month, 12% advance. Barring a break of today's initial low intraday low at 126.61, however, the bulls will remain in directional control.
Originally published on MPTrader.com.
Who’s Behind All These Fake, Brief Drops?
Wilmington Trust
This is a lottery play – haven't heard that term in a while, have you? – which I am currently long.
