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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (5482)12/6/2000 11:26:59 AM
From: J.T.  Read Replies (1) of 19219
 
I love this BKX daily chart shows the 5 day RSI in double overbought condition above 80 right into the upper half of the zone BKX 860 - 880 now at BKX 874.

charts-d.quote.com:443/976119899660?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:BKX.X&Interval=D&Ht=400&Wd=600&Display=0&Study=RSI&Param1=5&Param2=&Param3=&FontSize=10&BgColor=0.255.0&TBgColor=0.255.0

Can it go higher another day? Yes.

But I will lock in spx long money gains tonight I hope BKX keeps going higher into the bell and drags up the SPX near session highs...

SPX still down 4-5 points

Best Regards, J.T.
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