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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (2603)4/26/2000 4:13:00 PM
From: J.T.  Read Replies (1) of 19219
 
NDX closes at NDX 3,505 - the same level as Thursday close before easter holiday weekend. It fails a second back to back close above NDX 3,580 that was established in archives. Tomorrow new support/resistance levels will need to be established after ECI/GDP #'s.

BKX closes at BKX 801.5 and fails the BKX 815 back to back close. The gap has been filled 799-810. If it is robust number I will look for this BKX 730 test and let see if it holds there. The upside resistance is BKX 850. Both very short term targets.

Best Regards, J.T.
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