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


To: Kapusta Kid who wrote (6829)2/27/2001 10:28:47 PM
From: Shack  Read Replies (1) | Respond to of 19219
 
But since Labor Day, the Nasdaq Composite and the SP500 don't look all that different.

Hi Pete, too much tech in the SPX now. I'm watching the NYA for old economy signals. Its the last domino to fall.

dshacket.homestead.com

As you can see, we fell out of that wedge last week. Not updated for this week but we retraced about half of that red weekly and began to roll over this afternoon.

The BKX seems to be the key to this index falling.