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

To: The Ox who wrote (17478)	12/16/2015 2:38:17 AM
From: John Pitera	2 Recommendations Recommended By 3bar roguedolphin Respond to of 33421

Hi Ox, your post is the most succinct direct and specific.....focus of the vortex that the Global economy has to deal with as you state..... as well as the famed roguedolphin......... *That’s telling, because the world’s $225 trillion tower of debt is heavily denominated in dollars, or linked to it through exchange rates.* no easy way out of that....... the only commodity currency that I thought might try to be bottoming was the AUD/$.... the $/CAD and the NOK were still in downtrends.... but even the AUD can not mount a strong rally. it looks to me like there has been too much shorting of the junk bond etf's like HYG JNK, and HYEM and suspect them too catch a bid and probably rally into year end. John

To: The Ox who wrote (17478)	12/23/2015 10:15:18 AM
From: John Pitera	2 Recommendations Recommended By roguedolphin The Ox Read Replies (1) \| Respond to of 33421

SPX 60 minute.... santa rally and crude rally will facilitate the market to work above blue downtrend line and look up to 2080....2092 3month Libor up to 59 basis points....... keep an eye on the big rise in the TED spread......

To: The Ox who wrote (17478)	1/4/2016 6:11:39 PM
From: John Pitera	1 Recommendation Recommended By roguedolphin Read Replies (1) \| Respond to of 33421

The 60 minute SPX chart shows that we held the Dec 16th low in the 1990 area. The SPX daily chart with some Wyckoff methodology on it continues to look distributive..... it reminds me of the way that the USD had a large rolling top back in 2000-2001.... Crude and the Currencies are the canaries in the coal mine.... The Yuan continues to devalue the Mid August 2015th one day devaluation from 6.15 to 6.42.... shook the Global Equity markets and the Chinese Central bank is continuing to let it run.... Crude's inability to rally and some of the levels that we may see on the downside in Q1 and Q2 will really spill over the apple cart. John