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


To: Shack who wrote (7019)3/5/2001 9:55:15 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
You will have to teach me how to count waves...

All I know is we are above DOW 10,500 and this is the immediate midpoint of support resistance DOW 10,700 - DOW 10,300:
charts-d.quote.com:443/983804126140?User=demo&Pswd=demo&DataType=GIF&Symbol=INDEX:INDU&Interval=60&Ht=400&Wd=600&Display=0&Study=RSI&Param1=5&Param2=&Param3=&FontSize=10&BgColor=0.255.0&TBgColor=0.255.0

A break above DOW 10,700 will do much psychological damage to Bear argument as DOW 10,300 break for Bull hopes...

It would create seeds of doubt for the beloved imminent crash for grizzlies...

Best Regards, J.T.