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


To: sa-mule who wrote (3624)6/28/2000 3:29:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
BKX and UTIL are doing an about face. UTIL was down this morning and now up, BKX was up all day and now near lows.

BKX again below BKX 780, but UTIL so far has failed to confirm yesterdays close below UTIL 318. Now at UTIL 319.73 and at highs.

If UTIL mangaes to close below 318 and BKX 780 - It sets up bad (lower)for tomorrow imho.

If IIX closes below IIX 484 today, now at IIX 490.48 - NDX and dot coms will go down hard tomorrow.

Best Regards, J.T.