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


To: John Pitera who wrote (18888)3/26/2017 8:59:00 AM
From: robert b furman  Read Replies (2) | Respond to of 33421
 
Hi John, Fairly clear ABC corrective wave in USD.

Note C wave must be a 5 waver.

Both Rsi and Full Stcochastic show we are near the end of a fifth wave.

Of course the action could extend or become a complex C.

Strange the feds recent hike did not boost the USD or boost 5-10 year yields??

I'm thinking an awareness that Trumps campaign positions sound very good but will be bridled back in time - the result of a Democratic party that wants obstruction and failure to the republicans.

They do not take kindly to loss of any control and will throw wrenches into any good idea/action the republicans attempt to make.

Bob

Bob