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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (2522)4/18/2000 3:22:00 PM
From: J.T.   of 19219
 
We have run into the buzz-saw of NDX 3,660 - traded both sides of it (intraday NDX 3,697) and now looking to turn back down to NDX 3,600 the first chart exudes churning and distribution and the second the break and failed attempts thereafter:
1)http://charts-d.quote.com:443/956083905740?User=demo&Pswd=demo&DataType=GIF&Symbol=NDX.X&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

2) charts-d.quote.com:443/956085410420?User=demo&Pswd=demo&DataType=GIF&Symbol=NDX.X&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

Best Regards, J.T.
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