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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1115)11/2/1999 2:17:00 PM
From: J.T.  Read Replies (1) of 19219
 
NDX now has this NDX 2,660 double top in play as we are at NDX 2,638 on this bout of profit-taking. Let see if they try to rally it from these levels and whether NDX 2,660 comes into play again during the course of today or the rest of the week. NDX 2,620 is support. One close for me below NDX 2,620 confirmed with BKX close below BKX 875 and it is lights out on this counter-trend rally.

Best Regards, J.T.
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