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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (430)8/10/1999 10:24:00 AM
From: J.T.  Read Replies (2) of 19219
 
NDX on the break of 2,185: Let's see if they bring it back above this important support or it becomes new resistance on the close: from MITA 430:

"COMBINATIONS OF LEVELS BELOW NDX 2,185, DOW 10,410, UTIL 313, RUT 417, SPX 1,287. THESE ARE THE LEVELS FOR CAPITULATION. IF YOU SEE THE BOYS HEADING FOR THE EXITS today or anytime next week approaching these levels, YOU KNOW WHAT TO DO."

Best, J.T.
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