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Strategies & Market Trends : John Pitera's Market Laboratory

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To: rogermci® who wrote (21158)8/10/2018 3:28:22 AM
From: John Pitera2 Recommendations

Recommended By
roguedolphin
The Ox

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We are seeing massive dislocations in all of the global asset markets.......

the US 2,5,10, and 30 have kicked in with a major rally in price overnight...... and we see the
flight to quality,,,,,

US stocks as do global equities are under great pressure...this is an absolute risk unwinding of
excess exposure.... and this is very bearish for US requites.
AN additional huge strory is the massive break out to the upside of the USD. INDEX....

just read it and weep if you are short currencies..... look at the take out above all of the FIbonaci
fractal levels.... the last 2 days have been turbocharged.



The British Pound had been under a major bout of selling as can be seen from this
chart......

The European currencies are a real bit of a mess.



JP
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