Slope of Hope Charts & Technical Analysis for Short Sellers

Slope of Hope Charts & Technical Analysis for Short Sellers

Metals & Mining

selling into massive strength in a key fund

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Slope of Hope
Sep 13, 2024
∙ Paid

This week has been screaming green, and another opportunity has popped up that is allowing bears to get a second bite at the apple (not AAPL, but metaphorically speaking). I am referring to the metals and mining fund symbol XME.

Let's begin by recognizing that today is an exceptionally strong day for gold and, in turn, gold miners, are represented by the strength of GDX:

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