I’m posting my full premarket video from this morning, as this is a very interesting area on most of the instruments covered, with significant reversals in progress on many of them. Full Premarket Video from theartofchart.net – Update on ES, NQ, CL, NG, GC, SI, HG, ZB, KC, SB, CC, ZW, ZC, ZS, DX, EURUSD, USDJPY, USDCAD, AUDUSD:
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.
Short Tronox
Dust in the Wind
Gold, silver, and precious metals miners have been bouncing lately (I suggested going long miners on the 16th to my PLUS subscribers, which I’m glad to say was the exact bottom). I still think they have room to run, but for the more nervous folks out there, I wanted to point out that an important price gap is quite close. In addition, as the gold sector chart shows below, the moving averages have entered into full-blown collapse mode.
Bond Repellent
Surprise, surprise. Everything is green this morning. New lifetime high on S&P 500. New lifetime high on NASDAQ. Every day except weekends, guaranteed.
The one exception is bonds. Here is what has been going on this year……..
The Dish
Near where I live is a large astronomical radio at Stanford referred to as “The Dish”. It’s a very popular destination for hikers and joggers. Although I think it hasn’t been used in many years, it’s an important landmark around these parts.
