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

To: J.T. who wrote (2244)1/5/2000 8:01:00 AM
From: fut_trade  Read Replies (1) | Respond to of 19219
 
Chart of SPX stocks above the 200 DMA

geocities.com

As of Yesterday's close, 164 of 500 SPX stocks are above the 200 DMA. The is no great strength in the SPX, despite the fact that it was at recent highs.



To: J.T. who wrote (2244)1/7/2000 4:15:00 PM
From: J.T.  Read Replies (1) | Respond to of 19219
 
DOW UPDATE: MITA called the DOW lows with the Three peaks and a domed house thesis, but I surely did not expect to get back to new highs in three days. I thought mid Feb. at the earliest. LOL

DOW hit new all time highs with close up + 269 to finish at DOW 11,522.

DOW PROJECTION: We are finally going to take out this DOW 11,550 resistance early next week and with heat seeking missile keyed in on this DOW 11,900 dead ahead.

Best Regards, J.T.


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