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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (3535)6/16/2000 3:25:00 PM
From: J.T.  Read Replies (1) of 19219
 
Rydex. Switch 100% from NDX Long OTC to SPX Short URSA Fund at tonights close.

NDX failure at 3,817 resistance and BKX crash of BKX critical support BKX 780 give weight to the evidence suggesting pullback next week.

UTIL failure at UTIL 330 will follow suit to put more pressure downside pressure on SPX.

Best Regards, J.T.
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