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.
Having endured the insane counter-trend rally that began on April 7th and ended (God willing) last Wednesday, I believe it is finally time for things to take a meaningful turn lower. By the end of today, it should be clear if the bears still have a chance at this or not. Click on any chart for a screen-filling version.
Way back on November 18th, I did a post when SLV was at $28.50 which established a target price of $38.75:
In my last post on Monday 9th June I was looking at the bull setup on Crypto and that was looking very promising, and still looks promising, but I did note that Solana still needed to break back over the 50dma daily middle band and the daily middle band and convert them to support to open the upside.
That didn’t happen, with a closing break over the middle band that rejected the next day. From there Solana made a slightly lower low in the 140-3 support area. Solana then retested the daily middle band again yesterday, and so far is failing there again.
The short term bull case depends on all of Bitcoin (BTCUSD) , Solana (SOLUSD) and Ethereum (ETHUSD) converting and holding their daily middle bands as support and, at the time of writing, all are currently below their respective middle bands.
(more…)The projections of what’s going to happen to the population of various countries is interesting, particularly considering how China is slated to lose about a billion people (!!!!!!) from its peak. Can you imagine how many ghost cities that’s going to create? Peak FXI, baby!
