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Strategies & Market Trends : John Pitera's Market Laboratory

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Zilyunz
To: John Pitera who wrote (15771)4/8/2014 11:02:08 AM
From: John Pitera1 Recommendation   of 33421
 
A very short term road map with Fibonacci ratios. The SPX 50 day MA is at 1840 and change..... so far we have tentatively peaked below....at 1837.......... I don't believe that we will hold above it for long.......

It's the heaviest IPO issuance calendar this week since 2007........ typical bullish psychology topping action.

John
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