Bullish for Miners in the short term?<\/p>\n
From Rick Ackerman (his daily updates are free — just subscribe)<\/p>\n
Considering there are four separate patterns of different degree driving the futures higher on the weekly chart alone, it\u2019s remarkable that the best bulls can do is worm their way to a merely marginal new record high as the new\u00a0 week begins. DaBoyz are simply marking time, seemingly confident that on days when there is zero buying power, even from short-covering bears, they can still hold stocks aloft.\u00a0 And on days when some meaningless piece of\u00a0 economic news hits the tape, goading shorts into a nitwit frenzy, that\u2019s when big rallies come cheap and easy.\u00a0 What can we expect in the days ahead?\u00a0 Most immediately, look for more upside to the 2134.00<\/strong> target shown. I expect the hit to be very precise, given the exact confirmation of the 2106.75 midpoint pivot last Wednesday.<\/p>\n 5-Waves UP… Would look for abc corrective pullback… then up more????<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Bullish for Miners in the short term? From Rick Ackerman (his daily updates are free — just subscribe) Considering there are four separate patterns of different degree driving the futures higher on the weekly chart alone, it\u2019s remarkable that the … Continue reading ![\"0519_RickUpdate\"](\"http:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0519_RickUpdate.png\")
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