MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Killswitch who wrote (14329)	8/19/2002 12:34:54 PM
From: Killswitch	Read Replies (1) of 19219

We have some bullish breakouts going, and I am finding myself agreeing that the SPX looks more like a broken out ascending triangle than a wedge. Still think we get a little pull back here, but wondering if it will take out any serious resistance. "Clearer Mirrors 08/19/02 12:09 PM EDT The current 7-to-1 OEX mirror-image reading is the highest and most bullish in some time. More interesting is that it's not coming near the market lows of a few weeks ago, but now, after an enormous rally. This suggests that the current buying binge, while subject to intermittent normal consolidations, should have further room to run."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next