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Strategies & Market Trends : John Pitera's Market Laboratory

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The Ox
To: John Pitera who wrote (19033)4/18/2017 3:05:45 AM
From: John Pitera1 Recommendation   of 33421
 
NDX Fibonacci Fractal Projections.

The 3 most impulse fractal advances and the price projection boxes that they have created... every time a box starts that is the end of the fractal and there is a dotted white line that advances from the 3 significant price lows since Feb of 2016. And they have caught top tip as well as the 5333 area and the 5301 area.

There is a 1.618 level that the NDX can work towards up in the 5600 and change area. The fractal advance in Sept...(this market is leading the other US stock indicies) has caught the exact top of the NDX at the April 3rd high. .) The NDX one of the most dominant cycles has just bottomed and that gives the NDX the ability to really move to the upside.

Bullish looking charts..... Both the NDX, the SPX. and the RUT.



JP
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