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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (5299)11/24/2000 12:37:33 AM
From: J.T.  Read Replies (1) of 19219
 
5 Day Relative Strength Index Readings Extremely Oversold:

readings:
below 30= oversold
below 20= double oversold
below 10= screaming buy

The Indices:

DOW = 24.76
SPX = 21.00
OEX = 24.27
BKX = 17.09

COMP= 16.14
NDX = 19.21
SOX = 27.16
IIX = 12.64
DOT = 11.01


Tomorrow's half day session starts the warm-up for the rally. Better late than never. From lower lows at the discount city market.

Best Regards, J.T.
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