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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA
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To: Dominick who wrote (10754)2/25/2002 6:30:05 PM
From: KymarFye  Read Replies (2) of 19219
 
Downtrend still looks intact, up to now... another declining volume up move. Might get interesting long if it clears the 2/15 low (i.e., the 2/15 - 2/16 gap), soon, and with some authority... set up possible wedge breakout back to 1/9 high... but a lot of crud to wade through.... wouldn't surprise me especially if it traded in that range (9/10 low to 1/9 high) until we're all in the old traders' home trading whoppers about all the tech stocks we sold near Nasdaq 5000.
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