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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: J.T. who wrote (7209)3/13/2001 11:01:58 AM
From: J.T.  Read Replies (2) of 19219
 
As long as BKX stays below BKX 850 let alone new resistance at BKX 860 today, the DOW and SPX are not going to have any meaningful bounce.

If BKX manages to find a way to close back above BKX 860 at the bell then yesterday will be considered a one day false break.

Right now BKX is at BKX 844 and change with an intraday low of BKX 839 and change and and intraday high of BKX 849 and change.

DOW is down 6 and SPX is up 1. COMP is up 43.

Best Regards, J.T.
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