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Strategies & Market Trends : John Pitera's Market Laboratory

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The Ox

To: The Ox who wrote (19537)	7/13/2017 2:30:54 AM
From: John Pitera	1 Recommendation of 33421

Hi Ox, I have higher levels for the SPX to aspire to but it's got to show so get up and go as it's been duffing around the past 2 months centering on the 1.618 fib fracal at 2426............ It should have a good chance to get rolling here and we can take a look at levels up towards 2470 and 2508.... but the equities are fighting the global liquidity drawdown...and make no mistake.. the cryptocurrencies blowing up is dampening animals spirits and sucking liquidity out of the system..... so ... the summer rally should be able to work us to SPX 2470-2508.... but..... half the NDX leaders... such as AAPL and GOOGL of all stocks are not near breaking out to new highs the way FB did and NVDA is threatening to do.... TSLA...... took cut a haircut..... what exactly is TSLA? John

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