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Mid-Day Minute with Mike Paulenoff
http://www.tigersharktrading.com/articles/1412/1/Mid-Day-Minute-with-Mike-Paulenoff/Page1.html
By Mike Paulenoff
Published on 09/28/2005
 
Mike Paulenoff writes that the decline in the e-SPZ from this morning's high at 1227 managed to stop right at the near-term support line.

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.