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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Teresa Lo who wrote (427)8/6/1999 1:04:00 PM
From: J.T.  Read Replies (1) of 19219
 
IS.com, take a look at the Bear flag in the UTIL Index. Primary support at 316.60 and capitulation on a close below 313 as early as next week. If we close below 313 UTIL, I assure you at the very least DOW will have this massive test at 10,470. DOW 10,410 is capitulation support.

Best, J.T.
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