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

To: John Pitera who wrote (21574)

12/20/2018 10:33:17 AM

From: Fintas

3 Recommendations

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Respond to of 33421

Spx: this one says it's going lower. Yes there will be some near term bounces but those who do this professionally better accept lower is coming. This is a 2 box reversal and a 95 VB. I can support the downside using many different views but this one shows the break at the 2470. That's a NOT if but WHEN and how IMO.

On an aside this dumb pnfer ponders if enough been done to hold that 1944-1836 area OR will that uptrend line be busted to fill the GAP up in the 1648. HMMM TWT. Fintas IMO

09		12	15		16	17
		10		13				18
		11		14
3135														3135
3040														3040
2945														2945
2850								X				8		2850
2755								1	O	X		6	O	2755
2660								C	2	X	O	X	A	2660
2565								A	O		4		C	2565
2470								7						2470
2375								3						2375
2280								1						2280
2185								8						2185
2090				C		A		4						2090
1995				8	O	X	O	X						1995
1900				5	8		1							1900
1805				B									•	1805
1710				9								•		1710
1615				5							•			1615
1520				2						•				1520
1425				8					•					1425
1330	O	2		1				•						1330
1235	9	C	O	X			•							1235
1140	O	1	8			•								1140
1045	A	9			•									1045
950	O	6		•										950
855	O	X	•											855
760	B	•												760
665	•													665
570														570
475														475
	08	09		12	15