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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: James F. Hopkins who wrote (504)8/9/1999 9:51:00 AM
From: James Strauss  Read Replies (2) of 19219
 
A Quadruple Bottom?

Jim:

Notice how the Dow has found support on a trendline that acted as a triple bottom support...
decisionpoint.com

Now it is testing the fourth bottom... If it moves up from here it has another shot at 11000 to 11300... If it breaks support here it tests that 10400 area which puts it on the precipice of a Dow Theory Sell Signal...
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