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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: marginmike who wrote (3231)5/22/2000 3:53:00 PM
From: Lost to Voodoo  Read Replies (1) of 19219
 
Now that we've broken below the 300 day ema on NASD I feel like we have to go to 2900 at some point - not sure when. If we manage to get back over the 300 day convincingly maybe that's it, but that line should be resistance at this point. You guys probably have better intuition though. I have very little feel for it. Do you think that because the bounce retraced most of the loss today that it's over?
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