Bonds continue to be exceptionally strong, and while I thought they’d stop at their price gap, they smashed through it like something which smashes through things. I’d suggest the next two tests for TLT would be the descending trendline I’ve drawn and, next, the horizontal.(more…)
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.
After a few days of weakness, it seems to me that GDX and GDXJ, the precious metals miners ETFs, are well-poised to launch from here, so long as their support levels (basically today’s lows) hold.
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