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


To: da_cheif™ who wrote (4272)8/30/2000 2:26:27 PM
From: J.T.  Respond to of 19219
 
cheif, cross-currents everywhere.

PSE high tech index 5 day rsi is 80.15, but MSH is dichotomous 60.13.

IIX 5 day rsi is 80.67 and DOT is 83.54.

NDX is 73 and change.

Tough to mount signifant rally from these overbought levels.

Maybe we pull back another day with the +/- 1 day escape clause???

Best Regards, J.T.

I see your put/call argument very clear.

Best regards, J.T.