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


To: robert b furman who wrote (19037)4/18/2017 2:33:29 PM
From: Chip McVickar3 Recommendations

Recommended By
Fintas
John Pitera
roguedolphin

  Respond to of 33421
 
Here's the weekly Dow

Having tested the upper tine and left the median line the market also declined through the 33% line
This suggests we'll see a test of the lower tine if the market cannot stay above 20512.99
The market can also continue sideways to reach the lower tine of this dominant pitchfork.
Message 31048863

That's what me thinks - no crash - just keeping everyone off the scent until the pro's figure out what to do.

There is a chance a long-term high is in place - not to be touched for some time - even years.
In any case that has not been decided yet or even apparent in the charts -
Only apparent to far-out wiggie market timers that conservatives don't pay any attention too <smile>

But 2017 is a pivotal year - Trump and his administration must do it right...!!!

On another subject -
Farmers should go organic - stop being owned by the big corporations and their expensive seeds and fertilizers.
This project by E.O.Wilson Biodiversity Foundation is fascinating and important...
eowilsonfoundation.org

Paul Simon will be in your neck of the woods - raising money for it and farmers
June 16 -17 - Eau Claire, WI @ Eaux Claires Festival
rollingstone.com