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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (2524)4/18/2000 4:13:00 PM
From: J.T.  Read Replies (1) of 19219
 
mike, NDX gets legs to finish at NDX 3.715. Need this second close tomorrow above NDX 3,660 for legit confirmation.
charts-d.quote.com:443/956088180200?User=demo&Pswd=demo&DataType=GIF&Symbol=NDX.X&Interval=1&Ht=400&Wd=600&Display=0&Study=&Param1=&Param2=&Param3=&FontSize=10

BKX finishes right underneath BKX 795 resistance to finish at BKX 792 and change.

It is a good open question. We may get the futures up and run/test to upperband resistance I mentioned on Sunday NDX 3,910 and then reversal.

I have moved money out of NDX at today's close and into XAU for aggressive accounts that is my bet sell into the news. We shall see..

Good to hear from you. Did you sell QCOM before the bell or hold no matter what..

Best Regards, J.T.
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