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

To: fut_trade who wrote (2221)	1/4/2000 12:31:00 PM
From: J.T.	Read Replies (2) \| Respond to of 19219

Peter, this BKX is getting creamed second day in a row now down to BKX 702 and needs to bounce back up and close above BKX 705. I know this is not asking a lot, but two closes at or below BKX 705 is ominous for me MITA 2,116 Dec 20th: ...<New support is BKX 737. TWO CLOSES AT OR BELOW BKX 705 AND A SHARP INTENSE BROAD MARKET SELL-OFF WILL IMMEDIATELY ACCOMPANY THE BKX FALLING HOUSE OF CARDS. FIFTEEN TO TWENTY PERCENT BROAD MARKET CORRECTION ACROSS THE BOARD>.... Best Regards, J.T.