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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (19059)4/20/2017 2:46:37 PM
From: Chip McVickar3 Recommendations

Recommended By
Hawkmoon
John Pitera
The Ox

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John -

Bob is good and careful.

My read is a touch different - the past several weeks can be viewed as both a time and price correction...

I noted the time window opening during the 1 st week in March -

The first opportunity for this time sequence to end is tomorrow April 21st
When Venus ends its square to Saturn

But I believe the next one - 1st week in May - is more likely

The reversal of trend on 17 April makes no sense to me - either in a time and price patterns of this formation
I do not believe the opportunity for lower closes is over - just yet...

Also, I certainly don't believe we''ll take out the 1 March high from a low on 13 April... nor does March 27

2341 is an excellent Fib number

Chip
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