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

To: The Ox who wrote (18811)	3/15/2017 1:30:22 PM
From: Chip McVickar	Respond to of 33421

Thank you - So this event is normal activity for the treasury in an altogether unusual environment... I thought it might've been a forewarning caution flag surrounding the debt ceiling politics

To: The Ox who wrote (18811)	3/16/2017 11:51:32 AM
From: John Pitera	1 Recommendation Recommended By 3bar Read Replies (1) \| Respond to of 33421

SPX -- A better explanation of the fractals that generate the 2 Fibonacci price extension boxes 1) The first 5 day fractal advance from the 6/27/16 to 7/1/16 yielded the 1st and larger Fibonacci time extension box. 2) The 2nd fractal advance from the 11/4/16 low to the 11/25/16 high yielded the 2nd Fibonacci time extension box. the 2nd fractal advance started after we had a complete up and then down cycle from 6/27/16 to 11/4/16. The 18 week cycle. See how the impulse wave from that low of SPX 2083.79 on November 6th 2016 up to high at 2214 on November 25th then generated the Fibonacci price extension box that has provided target resistance at each price projection higher. and the .382 of the the second box is the 1.382 of the first projection box from the june 27th 2016 low at 1991 basis the cash and the first impulse move that took it 2109 on July 1st 2016. The 1.618 price projection box of the move from the June 27/2016 low of SPX 1991 up to that July 1st high of 2109 is also almost perfectly overlaid with the .618 price projection box from that impulse wave that kicked off with the preelection low at the 200 dma on Nov 6th 2016 up to the Nov. 25th high. Larry Pesaveto has an 1 hour and 47 minute video on youtube and there are a couple of related ones where these guys lay right out how they use some really amazing stuff. And since so many institutional systems use this stuff it self fulfills itself JOhn