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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: fut_trade who wrote (1462)11/23/1999 1:35:00 PM
From: J.T.  Read Replies (1) of 19219
 
Peter, I think this next assault on SPX 1,412 is very important. We are now at SPX 1,409.

BKX is in tight coil, and will play out either later today or tomorrow. BKX now at BKX 851 and tightening up in narrowing wedge. We must get BKX participation to unleash this rally. A close below BKX 848 is not good. I would like this close above BKX 854.

Best Regards, J.T.
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