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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (1554)11/30/1999 1:11:00 AM
From: J.T.  Read Replies (1) of 19219
 
BKX break of BKX 835 fell like a stone and the bottom fell out as BKX hit intraday low of BKX 816.70 and dead skunk bounce to finish at BKX 818. Test of BKX 810 should come tomorrow as forecast last night in MITA 1,554:

...<BKX intraday break of BKX 835 will lead to immediate test within two days of new lower support BKX 810 which is the midpoint of this 50 and 89 day MA for BKX>...

BKX 795 critical support must absolutely hold or we are going to have an immediate test of DOW 10,720 and SPX 1,378.

Best Regards, J.T.
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