Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Almost 1% and 3% on the Week
By: Chris Mullen, Gold-Seeker.com

Ira Epstein's Metals Video 5 26 2017
By: Ira Epstein

COT Gold, Silver and US Dollar Index Report - May 26, 2017
By: GoldSeek.com

Really Bad Ideas, Part 2: Giving Up Without Admitting It
By: John Rubino

Silver Miners’ Q1’17 Fundamentals
By: Adam Hamilton, Zeal Intelligence

The story behind continuing strong bullion coin demand
By: Michael J. Kosares

Fed’s Shrinking Balance Sheet and Gold
By: Arkadiusz Sieron

The FANG Market Rig Will End Terrible As All Rigs Do
By: Graham Summers

Sentiment Speaks: Central Banks Control Nothing
By: Avi Gilburt

Here’s Why I Think Renewable Energy Is Finally Living up to Hype
By: Frank Holmes

 
Search

GoldSeek Web

 
Some Encouragement for Permabears

By: Rick Ackerman, Rick's Picks

 -- Published: Tuesday, 21 March 2017 | Print  | Disqus 

https://www.rickackerman.com/wp-content/uploads/2017/03/Bulls-have-been-struggling.jpg

We’re dealing with many crosscurrents, including a major rally target at 2403.00 that the futures came within six points of achieving three weeks ago. It’s not possible to say with confidence right now whether this feint will prove to have been the elusive Mother of All Tops. However, there is no question that the S&Ps are showing signs of fatigue.  Today’s chart shows this in the form of a minor rally pattern whose target coincides with the big-picture target. The E-Minis have struggled to reach it, but until such time as they  dip beneath the pattern’s point ‘C’ low at 2351.00, the target will remain viable in theory.  The futures would become a ‘mechanical’ buy, stop 2350.75, if they come down to 2364.00, but I’ll instead suggest watching from the sidelines and — if you’re a permabear — cheering the futures on if the stop-loss is hit. If you don’t subscribe, click here for two weeks' free access to Rick's Picks, including daily, actionable 'touts', round-the-clock updates, impromptu tech analysis sessions online, and a chat room that draws experienced traders from around the world at all hours of the day and night.


| Digg This Article
 -- Published: Tuesday, 21 March 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.