MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1059)	10/25/1999 3:13:00 PM
From: J.T.	Read Replies (2) of 19219

NDX 2,510 is overhead resistance. NDX turned back at NDX 2,507.63. Now at NDX 2,497. It will be a big letdown for the bulls if this NDX can not close above NDX 2,500 level. If NDX closes at or below NDX 2,470, I would remain short regardless if whether BKX finishes above BKX 795 or not. Unfortunately for RYDEX accounts, I will not have the luxury of knowing and I am going to have to make my bet before the close. Best Regards, J.T.

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