DeGroot from 9/14/2011: Silver's Bearish Paper Setup Likely To Produce A Bullish Outcome

Eric De Groot: Silver's Bearish Paper Setup Likely To Produce A Bullish Outcome

Silver's Bearish Paper Setup Likely To Produce A Bullish Outcome When paper control of the trend falters, bearish setups can turn unexpectedly bullish. Look no further than gold as example of this inversion. Gold's DI was turning bearish in July 2011. Then sovereign debt crisis intensified and the gold market rallied despite the negative paper setup.

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