MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Teresa Lo who wrote (128)	6/26/1999 2:53:00 AM
From: Teresa Lo	Read Replies (1) of 19219

Multiple time frames is a very important concept in trading. When traders from different time frames all line up in the same spot, it's important to watch for support and resistance. Over the last few days there have been two instances where the moving average from both the 45- and 135-minute intraday chart have lined up to form resistance overhead and bounces in the downtrend in the S&P have ended after meeting sellers in those spots. Chart specific to this comment has been posted to intelligentspeculator.com

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