MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Geoff Altman who wrote (18806)	1/3/2005 5:18:13 PM
From: Casaubon	of 19219

I have a rising wedge forming in the $BTK with concommitant flattening of momentum indicators. As mentioned earlier, the feb to March timeframe usually produces a maxima in the number of bio's on P&F sell signals (implying lower prices from here). Also, the extremely low VXN implies trade saturation in anticipation of the January effect.

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