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

To: The Ox who wrote (17633)	1/12/2016 5:31:20 PM
From: John Pitera	Read Replies (1) \| Respond to of 33421

Thanks OX. a really nice breakout of which Large caps are off significantly their 52 week highs vs those who are holding up better. . looking at the prices today vs 52 week high can be potentially a little deceptive I got and look at GE and it's just started a step sell off the past 10 days..... more downside to come over the next month or two ...then looked at MSFT chart it has a scary looking island top built on the last month of it.... a large multi point Gap exits that will need to get filled. a pretty large range in the TNX today.... with a close on the low ....... Transports and broader market are weaker. JP