The U.S. steel ETF, SLX, has been range-bound for the past three years, as shown in the chart below. However, perhaps because of Trump’s tariffs, SLX has declined consistently over the past year, and is now testing the bottom of that trading range. Breaking below might be seen as having negative consequences for the economy.
You can read Kimble’s latest article: … … HERE
eResearch Corporation is pleased to provide Tech Talk, which is a professional and insightful technical analysis newsletter that comments on interesting chart patterns and pertinent technical action of North American equities. See, also, its sister publication, Equity Clock, also published, with permission, on this website. [more]
Gold, gold stocks, and gold ETFs have been in high demand recently, that is, until the market crash. With the GDX down almost 50% from its recent high, the current price level might represent an attractive entry point. [more]
eResearch is pleased to provide yet another article on Silver from Chris Kimble of Kimble Charting Solutions. The recent positive action of Silver provides bullish overtones for Gold and the Precious Metals sector. [more]
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