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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1389)11/22/1999 10:11:00 AM
From: J.T.  Read Replies (2) of 19219
 
BKX Update: Here we go again with test of 861 supports: BKX at BKX 857.

In face of horny bullishness, MITA 1,389 last Thursday puts the BKX to the test:

...<Right now, we have this potential to retest this BKX 861 level very short term. A close below BKX 861 is bearish and will help pull down the DOW and SPX from recent solid gains.

BKX needs to stay above 200 day MA primary support of BKX 843.15.
This is not on the radar screen as of yet>...

Best Regards, J.T.

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