MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Shack who wrote (7023)	3/5/2001 10:14:18 AM
From: J.T.	Read Replies (3) of 19219

If DOW is up 50+ and SPX + 5 and BKX hasn't come to play yet.... there is a lot of firepower left on the UPSIDE for DOW and SPX... a counter-trend melt-up I discussed last week. If BKX divergence continues lower while DOW and SPX continue higher than it must be noted BKX below BKX 870 is a warning flag that must get resolved... BKX below 860 presents problems for DOW and SPX and questions validity of Bullish argument nearterm... Best Regards, J.T.

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