09/26/2014 – United Technologies

United Technologies UTX:

1. In Tues., Sept. 23 stock meeting it was noted that United Technologies had broken an important support at $107.20 and that new short entry was indicated for a continued multi-day decline to at/near $104.20 on the downside.

2. Today’s (Fri., Sept. 26) session completed the decline at at $104.25, against the $104.20 downside target. Will message any further entry or indication as the market confirms.

David Williams