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.
It’s election day today and that is one of the two big news events this week that we are aware of, the other being the Fed decision on interest rates. There is a possible setup here for a substantial decline and also for a high retest and when that news is in we may well be see one or the other.
In terms of the high retest, the retest of the low yesterday set a possible daily RSI 5 buy signal brewing on SPX. If that fixes that could support a high retest from here.
(more…)Just a few days ago, I did a post specifically about Archer Daniels Midland. I’m known for my clever titles, so I called the post Archer Daniels Midland.
It’s here. It’s finally here. After the hundreds of rallies, the billions of dollars in ads, the trillions of yard signs, Election Day is finally upon us. Good Lord.
Last night, gold futures (/GC) felt hard, and I began to question once again the sanity of having gone long silver in advance of this most-important-election-of-our-lives.
