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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (19092)3/29/2006 9:04:45 AM
From: da_cheif™   of 19219
 
Tues cycle low found the 50% retrace off the low of march 8 ....and so far the wave structure of the june sp can be counted has having completed or nearly completed a 2nd wave ABC correction which still could lead to a blast off for wed the total solar eclipse.....sentiment has turned 180 %.....and as we indicated earlier there are 2 cyclic events.....march 28 and apr 5.....below 1300 on a closing basis then it would appear that the apr 5 cycle low will predominate.....the post expiration adjustment may have ended on tues.....wed is pivotal....... ...still long the large contract from 1095.....the emini short stop is 1306.25. The stop will be amended on any further decline
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