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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Daveyk who wrote (4246)8/29/2000 2:03:04 PM
From: J.T.   of 19219
 
Dave, we just hit another intraday low of XAU 50.58 - a middlepoint of sorts from fib 50.72 and 23rd intraday low of 50.46.

Now what they (the institutions) do in the last ten minutes before the close is anybody's guess.

Yesterday they spanked it down hard. Today they may do the opposite... take it back up to unchanged area before the bell ...I never know what game will show up. Like the NBA in the last 2 minutes of the game.

I just know we are very near a low...

Best Regards, J.T.
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