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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (1883)12/10/1999 8:47:00 AM
From: J.T.  Read Replies (1) of 19219
 
marginmike, another list of gems.

Market friendly PPI could lead to start of this Santa rally that stalled on Monday. Market needs to break thru resistance levels MITA has laid out.... a distinct possibility.

NDX holds 3,160, DOW 11,050, SPX 1,400 BKX 775 supports hold. Let us see if the rally builds off these supports.If these supports come back and get pierced later today, Bull momentum players may not want to hold positions into the weekend.

I am out until this afternoon.

Best Regards, J.T.
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