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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Doo who wrote (17236)9/15/2015 2:36:10 AM
From: John Pitera  Respond to of 33421
 
tremendous work by Chip regarding his SPX multiyear pitchfork......It looks that we will be taking out the downtrend SPX low at 1861 on this upcoming decline.......

thanks for posting.....the Key is what is happening to the USD daily index.... and that appears to be taking out it's 200 DMA and will trend lower for a few weeks until we see a panic trade back into the USD

JOHN



To: Doo who wrote (17236)12/11/2015 2:08:30 PM
From: Doo  Respond to of 33421
 
Chipper's lower tine on that chart I posted (link post I'm responding to) comes in at the 1950 level this week and next. There's also a whopper of a true price gap in the SPX right at 1950's.



To: Doo who wrote (17236)12/11/2015 3:09:59 PM
From: The Ox1 Recommendation

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John Pitera

  Read Replies (1) | Respond to of 33421