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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Fintas who wrote (15982)5/20/2014 3:35:05 PM
From: Davy Crockett  Read Replies (3) of 33421
 
The PnF charts suggest that the NASDAQ has a lot more downside.
500 hundred more points to go before reasonable support @ (3500)
Next stop after that 3100 (900 points downside) & after that 2900... that's a heck've of a lot of downside.
More risk than reward IMHO

Should be interesting to see how it all plays out


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