Sive Morten
Special Consultant to the FPA
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- 18,648
Good morning,
Due strong technical factors upside bounce that we've discussed yesterday is done. Still we think that 1st downside swing of large retracement pattern is not completed yet and expect that final action should happen somewhere to 8875-9000$ daily OP target:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.
Due strong technical factors upside bounce that we've discussed yesterday is done. Still we think that 1st downside swing of large retracement pattern is not completed yet and expect that final action should happen somewhere to 8875-9000$ daily OP target:
The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.