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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1931)12/13/1999 2:36:00 PM
From: J.T.  Read Replies (1) of 19219
 
I am watching another dichotomous inter-relationship between NDX 3,240 and moving higher and UTIL 270 and moving lower.

This right now for the rest of the day... BROAD MARKET READ

ABOVE NDX 3,250 BREAK-OUT - NDX 2,340 Tight Support. Now 2,346.
BELOW UTIL 269.80 BREAK-DOWN - UTIL 270.30 Tight Resistance. Now 269.94

Watch closely.

Best Regards, J.T.
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