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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (429)8/9/1999 3:34:00 AM
From: Teresa Lo  Read Replies (2) of 19219
 
Yes, let's look at that UTIL chart -

intelligentspeculator.com

It's formed a bear flag now at resistance at the 20-day EMA, and resolution is near. However, we must respect the fact that it did not collapse on July 29 when it tested the July 1 low.
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