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

To: John Pitera who wrote (18890)	3/26/2017 8:49:10 AM
From: robert b furman	2 Recommendations Recommended By 3bar The Ox Respond to of 33421

Hi John, Brilliant work there buddy! I can see where chief and Breeze think we are in the beginning phases of a major wave three up with that chart. The last cross under marked the beginning of wave three up. Note how rsi has peaked short term and we'll have a small dip down to possibly 55 - 60. If Monday continues to be weak as Thursday and Friday were - we'll be in for a short reset - ABC down look for that 5 wave C and get really long big time as long as the 14 ATE remains below eur/jpy cross. looks like the ABC can run 30-75 days?? That's a nugget of gold there John! Thanks for sharing. Would like to see that curl up trend up for a while and then see it dive down again - ride the ABC down and then sell puts with maximum premium. clx and 2cs will also time it. The last four monthly expirations have been up into expiration and that correlates well with your most recent downward sloping 14 ATR. Please continue an occasional update of that chart - I'd like to see how my daily clx and 2cs help tune it on a daily basis!! Early here in Houston and I've already had a great day by learning something new!! Once again BRILLIANT WORK !! Bob Bob