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Strategies & Market Trends : John Pitera's Market Laboratory

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To: IndexTrader who wrote (326)3/9/2000 8:14:00 AM
From: Chip McVickar  Read Replies (1) of 33421
 
Susan,

>>What do you think about the market (SPX) for the next couple of weeks.<<

Here's a trading chart I've been using....and the Andrew's Pitchfork is what I've described. Maybe John will put it on the screen..?
I expect to see 1325ñ over the next 4-5 days if the pattern holds true, but the market may test 1380 first.

A significant break of either 1325 or 1335 would break the pattern.
It's 50/50 with a bias to the downside.

Chip

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