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


To: fut_trade who wrote (1427)11/22/1999 12:17:00 PM
From: J.T.  Read Replies (3) | Respond to of 19219
 
Peter, Market has a chance to take out the Bears today. A close above DOW 11,080 with bond yields coming down from these lofty levels below 6.2% yield will lead to banks participating in the next rally, if it materializes.

This DOW 11,045 top-ish level needs to get taken out for Bulls to knock out Bears to the mat. If this level does not get taken out today, it could be the start of the hard turn back down. CORRECTIONVILLE.

Best Regards, J.T.