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

To: High-Tech East who wrote (13020)6/26/2002 11:07:57 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
This carnage will be contained as long as BKX 780 is contained. BKX 780 has always been a death row support for me when the market begins to unravel. This mornings low is BKX 792 and change.

If BKX moves above BKX 800 and stays there, the market will end the carnage, if it takes out BKX 780, the selling will accelerate.

BKX 780 is a good litmus test where the market is going next.

Best regards, J.T.


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