MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: J.T. who wrote (1915)	12/13/1999 10:36:00 AM
From: J.T.	Read Replies (1) of 19219

We are right underneath this BKX 785 support MITA established last night now at the lows BKX 784.36: ...<BKX 785 is new support off the gap with BKX 802 resistance. However, I believe BKX 800-802 is not a real problem and it will get taken out immediately tomorrow off Fridays bullish bond action with Bond Yields closing at comfortable 6.16% level. New resistance should develop on either side of this BKX 809 level. Here BKX 809 sits on this 10 and 89 day Moving Average (MA) and we need to break this barrier before DOW has opportunity to knock out all time high close DOW 11,326.04 once and for all>... We need to hold these levels right now. VERY IMPORTANT> IF so,Look for this little bounce above BKX 788 to get DOW to turn positive now down -27. Otherwise further deterioration back to BKX 779 Best Regards, J.T.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next