Technical. Analysis A to Z chaired by John Jacob Pitera Message Board

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Strategies & Market Trends : Technical. Analysis A to Z chaired by John Jacob Pitera

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To: John Pitera who wrote (1)

6/6/2013 5:38:38 PM

From: John Pitera

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To: Yorikke who wrote (14115)	6/6/2013 5:37:19 PM
From: John Pitera	of 14139

Look at the DJUA..... the huge % above the 200 dma...it broke and rode along the 50 dma... no traction..time for pros to sell and cover at 200 dma,,,, which it closed below.. yesterday... it will be the character and quality of the rally....in it over next few 5 to 8 days that will guide us... djtrans ave giving a few dow theory smoke signals of distress.. the best comment I heard today is the present global macro markets are like a rubic cube you get one side aligned... and then look at the other 5 sides....which make no sense..... john

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