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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (108410)	3/28/2018 1:32:59 PM
From: Rarebird	Read Replies (2) \| Respond to of 116830

This whole whipsaw action in the major indices is bearish. Nasdaq having given up almost of all Monday's gains yesterday is bearish. The tape and price action are bearish. There is no getting around that. Leading sectors like IWM and SOXX are getting smashed. Sure, sentiment is probably getting a bit thick on the individual investor side. But I don't see it bearish from the standpoint of money managers. A break of the 200 DAY EMA and Dow theory sell signal are not far off. I would be very careful with longs in this environment, especially triple bullish ones.