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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1146)11/2/1999 11:34:00 AM
From: J.T.  Read Replies (2) of 19219
 
BKX got one close below BKX 875 and now she is running back up to this BKX 890 intraday high. BKX 900 test is very possible today. Support is now at BKX 887. Bulls will want BKX to stay and close above this BKX 887. A close below BKX 875 would be a huge technical negative and seal that second close below BKX 875 and take market back down across the board. BKX 887 thru BKX 875 is consolidation band.

Best Regards, J.T.
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