In my weekly video, I note that everything seems fine so far for the bulls, along with some Fibonacci analysis on the chip sector that shows the Semis going to 500 before we see 400 again.
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Peter Reznicek is the Chief Equity Strategist and a principal of the Prana Fund, a domestic hedge fund, and ShadowTrader, a subsidiary of thinkorswim which provides coaching and education to its clients on both intraday and swing trading of equities. For a free trial to the full version of The Big Picture or to learn about ShadowTrader's other services, visit shadowtrader.net or send an email to preznicek@shadowtrader.net.
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