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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Shack who wrote (7004)3/2/2001 3:45:51 PM
From: J.T.  Read Replies (1) of 19219
 
My read is this... Bulls needed to survive Thursday and Friday onslaught... yesterday and today...

Bulls have successfully done this.. assuming we close above SPX 1,230.

Next Monday and Tuesday is gona be a huge countermove UP maybe a pullback Weds or Thurs and then up again...

GE... I will make a note of it..

Today could be a one day false break...as thru yesterday we have tested the Feb 9 lows...

Best Regards, J.T.
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