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Strategies & Market Trends : John Pitera's Market Laboratory

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John Pitera

The Ox

To: robert b furman who wrote (19013)	4/11/2017 3:25:30 PM
From: Chip McVickar	2 Recommendations Read Replies (4) of 33421

Robert - Here's the emini futures daily chart - it seems time is running out for this formation I give it until 17th to prove this is a bullish consolidation. Imho - it will be resolved to the downside - about 2265 Should be a lot of juice longs in that lower pattern in January This chart is active - so after the close... today's bar will appear. "Growth, hikes and geopolitics are all of concern --- but what the market is secretly waiting for is word on tax reforms and infrastructure reforms. If we do not see something on these front soon it could well be an interesting summer." Chip

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