MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: 2ripley2 who wrote (3346)	5/26/2000 9:56:00 AM
From: J.T.	Read Replies (2) of 19219

2rip, Watch MER action. It is indicative of problems dead ahead. Down below 92 another 2 1/2now and it has broken badly. For Bullish case, Mer needs to get back above 95 at the close. BKX must stay above BKX 780. This is the line in the sand where capitulation would accelerate. Holding firm here at BKX 801. DOW must stay above DOW 10,200- a full 100+ points above support levels. SPX must stay at this SPX 1,380 level.... Best Regards, J.T.

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