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Strategies & Market Trends : John Pitera's Market Laboratory
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John Pitera
The Ox
To: John Pitera who wrote (19789)8/24/2017 9:05:15 PM
From: Chip McVickar2 Recommendations  Read Replies (1) of 33421
 
Hello John -

Here is an update of the Dow's weekly pitchforks from March 2017
The week of Sept 25 is important... time wise.
Also the upper tine of the old pitchfork could become support...???
Also the median line of the forward pitchfork is now active.

Notice how the last week moved away from the upwards lower tine that has held a long time.
To early to make the call - but weakness is appearing as price is about to close below an earlier 1.618.

Message 31048863

My Best,
Chip
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