Mid-Day Minute with Mike Paulenoff

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By Mike Paulenoff | Published 09/28/2005 | Futures | Unrated

Mid-Day Minute with Mike Paulenoff

As if everyone is watching the exact same levels, the decline in the e-SPZ from this morning's high at 1227 managed to stop right at the near-term support line at 1218-1217.50. This preserved yesterday's intraday low at 1216.00, and has since pivoted up into the center of the coil again at 1221-1222.

MJP 9/28/05

Mike Paulenoff is a 25-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his E-mini S&P and QQQQ technical analysis and trading alerts. For more of Mike Paulenoff, sign up for a FREE 30-Day Trial to his E-Mini/Index Futures diary, or try his QQQ Trading Diary.

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