Bears Once Again Pinned on the Ropes

by Rick Ackerman
RickAckerman.com

Bears were hanging on the ropes when the closing bell rang on Friday.

Presumably, and barring any world-shaking headlines, shorts will be eager to get ’em back when index futures open Sunday night.

Regardless, I’ve put out some very bullish targets for the E-Mini S&Ps (see below) that should make pessimists think twice before trying to intercept the rally aggressively.

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