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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Jorj X Mckie who wrote (1988)6/3/2000 1:53:00 PM
From: Jerry Olson  Read Replies (1) of 33421
 
Jorji...

just walked in...i am looking at the candle chart, both daily and weekly and the P&F chart of the NAZ...

the NAZ broke thru all overhead resistance on the dialy and of course the downtrend line...i think we could see 3950/4000 Mon/Tues first, before we pullback...

then i would think less than 50% on the retrace...from Carpinos S&P's chart..let;s equate this to all the other indexs...i am checking them now..

give me a minute to try to calculate this move...
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