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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (3932)7/21/2000 10:57:26 AM
From: J.T.  Read Replies (1) of 19219
 
yesterday appears to be a one day upside false break in SPX and IIX and DOW.

SPX is now right on support SPX 1,480. A break of this could take us to penetration of 25 day MA SPX 1,472 TODAY. In a worst case scenario today 50 day MA SPX 1,452.50

IIX back to IIX 533 down 10.
DOW down 94 to DOW 10,750.

Best Regards, J.T.
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