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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (1091)10/27/1999 10:57:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
BKX now at BKX 808 and building strength. If BKX gets thru BKX 810 resistance and NDX bounces off the lows and rallies into the bell, it will be time to go long. IF NDX finds a way to close above NDX 2,500 with BKX a close above BXK 810, GO LONG. AN MACD BUY SIGNAL HAS BEEN GENERATED IN BOTH THE DOW AND SPX.

I must get confirmation from strong BKX close and NDX bounce off of lows and rally into bell. I repeat, if it appears that BKX will close above BKX 810 and NDX will close above NDX 2,500 in the last hour of trading, GO LONG.

Out until early afternoon.

Best Regards, J.T.