MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who started this subject	8/9/2000 7:27:59 PM
From: macavity	of 19219

Bandwagon delayed! Looks like a let-off there. I live another day. Closes well below opens and highs for most indices and stocks. Lots of reversals and dark candles. NDX 3750 broken but not busted. Candle formations in Dow and SPX point to down day tomorrow. NDX & COMPQ i feel should follow suit. 42Day EMA remains unviolated in close for both NDX and COMPQ. Support in NDX ~ 3600 level (I do not fancy its chances) - macavity

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