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.

Future Quintet

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As we prepare for the week ahead, let’s glance at some charts of long-term commodities. I have a few things to say about each in the caption area.

slopechart CL
We begin with crude oil. In the bears’ favor is the enormous rounded top and oil’s history of sinking hard beneath such tops. This is dulled somewhat due to recent price action, which has pierced the pattern. This pattern is down, though, and not out.
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Chop & Grind: Gold, Stocks & Commodities

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Whether the market is foreign or domestic, equity, commodity or metal the grind is on. Speaking of grind, the one in gold has been expected as the metal builds out its big picture Handle to the bullish Cup with an objective that is much higher. Let’s take a look at a few NFTRH charts to gauge the grind in several markets and by extension, the grind many feel on their nerves these days. It’s not a time to make money. It’s a time to preserve gains and patiently position.

For gold the grind would be the making of a Handle after the Cup’s key higher high to the 2011 high.

gold price
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