Slope of Hope Blog Posts

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Stocks, Commodities and Gold (Part 2 of 2)

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The first part of this article was posted yesterday………….

We updated the mostly bearish view on commodities earlier in the week. This includes the current bounce, which is happening exactly as was planned ahead of time. This would be the second such bounce we’ve projected within the intermediate bear trend (sort of opposite the chart of SIMO above). Using this chart we have plotted a bounce target of 182 to 184, with a shot at the SMA 200 (currently 187).

crb

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