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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Peace who wrote (4579)9/13/2000 2:50:03 PM
From: J.T.   of 19219
 
Peace, smart move kimosabe...

I see CSCO had one close below 60 yesterday and today shows the one day false break as we are back up to 61 1/2 from yesterday close of 58 7/8...

CSCO needs to stay above 60 and head back to 66 resistance level to help get NDX back on track. Today is a good start...

2 back to back consecutive closes below CSCO 60 would give good indication of sentiment change to Bear on NDX and give guidance to head for cover...

Best Regards, J.T.
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