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


To: J.T. who wrote (1825)12/8/1999 3:11:00 PM
From: J.T.  Respond to of 19219
 
DOW 11,080 holds. Let us see what they do with the ball on the upside. Now at DOW 11,110 and + 3.

DOW 5 day RSI way oversold around 13. Is this low enough for a bounce?

Best Regards, J.T.



To: J.T. who wrote (1825)12/8/1999 4:45:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
DOW UPDATE: Dow breaks 11,080 and closes at DOW 11,068.12 down -38.

This is still above DOW 11,050 support and well above MITA intrady lower support of DOW 11,020.

We may get a DOW bounce tomorrow. If we do, DOW 11,150 is new resistance, with higher level DOW 11,220.

If we break DOW 11,020 support tomorrow, a tall order, I will tighten it up to DOW 10,950 first support and DOW 10,880 critical support.

I will be out tomorrow for most of the day. I may/may not be back tonight.

Best Regards, J.T.